Cars Registrations SMMT News

Diesel volumes surge, despite overall weaker demand in January

06 February 2008 #Cars #Registrations #SMMT News

* Diesel registrations up 10 per cent to take a 44.9 per cent share of the market

* January 2008 registrations down 2.1 per cent to 162,097 units over 2007 volumes

* Forecast for 2008 revised to 2.345 million units, down 2.5 per cent over 2007

* CO2 falls 13.1 per cent in 10 years with 4x4s and MPVs showing the largest improvement

 

‘We expect a modest fall in registrations this year, and a 2.1 per cent dip in January is in line with expectations,’ said Paul Everitt, SMMT chief executive. ‘Fuel efficiency is a high priority for customers and it is encouraging to see that nearly half of the market is diesel. The 4×4 and MPV segments saw an increase in volumes over January 2007, and are segment leaders in reducing tailpipe CO2, with drops of 20 and 24 per cent respectively between 1997 and 2007.’

 

For more, please see the attached document.

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