Cars Registrations SMMT News

New car market bolstered by a 442,940 unit March

06 April 2005 #Cars #Registrations #SMMT News
  • 442,940 new cars left showrooms last month, down 5.1 per cent on March 2004
  • Market strengthens after weak opening months of 2005 – diesel growth continues
  • First quarter registrations fell 7.2 per cent to 701,506 units

‘Last month was the second highest March market on record’, commented SMMT chief executive Christopher Macgowan. ‘This is very encouraging news. The total was 5.9 per cent higher than the average since we moved to a twice-yearly plate change and a little better than expected. After an uncertain start to 2005, March has shown that the new car market is in good shape.’

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