Cars Registrations SMMT News

Slowdown in market eases as scrappage scheme impacts

06 July 2009 #Cars #Registrations #SMMT News

· New car registrations fell 15.7% in June to 176,264 units
· June’s decline was the smallest since July 2008, although year-to-date demand fell 25.9%
· Scrappage scheme is now beginning to deliver registrations to the market
· Market shift to smaller cars continues, with mini and supermini segments doing well
· These shifts helped take average new car CO2 emissions to a new low of 152.3g/km
“We are now beginning to see the positive impact of the scrappage scheme translate into new vehicle registrations,” said Paul Everitt, SMMT chief executive. “SMMT expects the pace of improvement to increase in the coming months, but we can already see the industry making steady progress on the long road to recovery.”

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