Cars Registrations SMMT News

Small cars and diesels fuel new car maket in 2007

07 January 2008 #Cars #Registrations #SMMT News

* 2007 market up 2.5 per cent at 2,404,007 units, private demand holds firm.

* Fuel-efficient diesel models take record share, 40.2 per cent or 967,436 units, ‘supermini’ and small family cars also post growth, up 17,729 and 25,084 units respectively.

* Average new car CO2 figure drops again, down 1.4 per cent year on year to 164.9 g/km, a fall of 13.1 per cent since 1997. For more, please see the special analysis attached.

 

‘Last year, demand for new cars was stronger than many had predicted,’ said Paul Everitt, SMMT chief executive. ‘There is little sign that the US credit crisis or rising fuel prices have affected demand and we foresee only limited changes through 2008. The UK economy currently remains resilient and the new car market is ultra-competitive. Car makers will continue to fight hard for every sale and consumers will benefit from unprecedented choice and excellent deals.’

 

For more detail please see the attached documents.

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