Cars Registrations SMMT News

Diesel spike can”t offset weaker November new car market

06 December 2005 #Cars #Registrations #SMMT News

  • Diesel penetration at record 42.2 per cent as company car buyers take advantage of three per cent tax waiver before 1 January deadline
  • Registrations fell 7.9 per cent in November to 158,474 units
  • Year-to-November figures were down 5.8 per cent at 2,282,851 units

‘As the chancellor commented yesterday, 2005 has been a tough year, especially for the new car market,’ commented SMMT chief executive Christopher Macgowan. ‘However, despite a weaker market, diesel registrations continue to rise. We had forecast a spike in diesel registrations as company car buyers rush to beat the end of the three per cent surcharge waiver. As we enter the final month of the year, it will be interesting to see if this month’s spike gets bigger.’

Full details can be found at the link below


Filter News

Update Newsletter