Cars Registrations SMMT News

New car market scores a record breaking 2002

07 January 2003 #Cars #Registrations #SMMT News

  • Total new car registrations rose 4.3 per cent in 2002 to a record 2,563,631 units
  • New car market adds £33.3 bn to UK plc in 2002
  • December’s market grew by 14.3 per cent to a best-ever 144,576 units
  • Commenting on the end of year registration figures, SMMT chief executive Christopher Macgowan said, ‘Last year’s new car market was marked by two important facts; sales smashed the 2.5 million barrier for the first time and the UK cemented its position as the second largest new car market in Europe. Overall it was an incredible year and December’s figures were the icing on the cake.’


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