Cars Registrations SMMT News

Car buyers rush to franchised dealers in January

06 February 2002 #Cars #Registrations #SMMT News

Car buyers rush to franchised dealers in January

  • New car registrations up 9.3 per cent in January to 205,476 units
  • January figures mark 16 months of growth in the new car market
  • Private registrations up 5.3 per cent on top of 28.2 per cent rise in 2001

SMMT chief executive Christopher Macgowan said, ‘Car buyers flocked into franchised

dealers in January and 2002 is off to a flying start. Growth of nine per cent

in the market is good news for the industry and it’s worth noting that the total

number of British built cars increased year-on-year despite a rise in the sales

of cars manufactured outside the UK.

‘New models, competitive pricing and high levels of customer satisfaction

mean that the franchised dealer network continues to keep the customer in the

driving seat for great deals.’

Notes to editors

  1. New car registrations in the UK are expected to reach 2.35 million units

    in 2002.
  2. 2001 was a record year for new registrations – 2.45 million units, beating

    the previous record set in 1989, which saw 2.3 million new cars registered.
  3. The UK car market is now the second biggest in Europe.

December 2001

The attached tables show the registration figures for Great Britain, Northern

Ireland, The Isle of Man and the Channel Islands in detail. Top performers by

range and UK penetration figures are also listed. Providing the SMMT is acknowledged

as the source of this information, the figures may be quoted. Substantial reproduction

needs specific approval by the SMMT.


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