Cars Registrations SMMT News

New car market posts 12th successive month of growth in February

06 March 2013 #Cars #Registrations #SMMT News
  • UK new car registrations rose 7.9% to 66,749 units in February 2013.
  • Registrations over the year-to-date increased 10.3% to 210,392 units.
  • Growth boosted by private demand again, with February securing the highest growth in the private market since the end of the Scrappage Incentive Scheme in Spring 2010.
  • Registrations of petrol and alternatively-fuelled cars rose more than a fifth in February.
  • February is typically the smallest volume monthly market, ahead of the registration plate-change in March.

“UK new car registrations have risen every month for the last year with February continuing the trend, growing 7.9% year-on-year boosted by the highest increase in private consumer demand since spring 2010,” said Mike Baunton, Interim Chief Executive, SMMT. “However, February is traditionally a low volume month as motorists look forward to the plate-change in March, but attractive new car deals are sustaining the market. New models are delivering ever greater fuel efficiency, practicality, refinement, technology and predictable ownership costs, so motorists are seeing the benefit of new car purchases.”

February 2013 new car registrations data

February Total Diesel Petrol AFV Private Fleet Business
2013 66,749 32,327 33,588 834 29,282 35,759 1,708
2012 61,868 33,324 27,885 659 22,723 37,412 1,733
% change 7.9% -3.0% 20.5% 26.6% 28.9% -4.4% -1.4%
Mkt share ’13 48.4% 50.3% 1.2% 43.9% 53.6% 2.6%
Mkt share ’12 53.9% 45.1% 1.1% 36.7% 60.5% 2.8%
Year-to-date Total Diesel Petrol AFV Private Fleet Business
2013 210,392 105,164 102,107 3,121 90,357 110,967 9,068
2012 190,721 102,504 85,439 2,778 75,416 108,333 6,972
% change 10.3% 2.6% 19.5% 12.3% 19.8% 2.4% 30.1%
Mkt share ’13 50.0% 48.5% 1.5% 42.9% 52.7% 4.3%
Mkt share ’12 53.7% 44.8% 1.5% 39.5% 56.8% 3.7%

February 2013 best sellers

Best sellers February Year-to-date
1 Focus 3,853 1 Fiesta 11,561
2 Fiesta 3,655 2 Focus 9,647
3 Corsa 3,214 3 Corsa 8,392
4 Golf 2,413 4 Astra 7,643
5 Astra 2,181 5 Qashqai 6,136
6 Qashqai 1,856 6 Golf 5,748
7 Polo 1,437 7 208 4,382
8 208 1,423 8 Polo 4,322
9 C-Class 1,317 9 C-Class 3,673
10 Juke 1,106 10 Juke 3,628

New car market growth continues in February, ahead of key plate-change market in March

  • UK new car registrations rose for a 12th consecutive month in February, with a 7.9% rise to 66,749 units.
  • Increase was on par with average growth posted during the last three months and above the 6.4% average growth posted in the last 12 months.
  • Given the subdued nature of the economy, the growth is likely to be the result of market specific factors – notably replacement demand being enticed through attractive deals and offers on new, more efficient cars.
  • February is typically the lowest volume monthly market in the year ahead of the plate-change in March. In 2012, February accounted for 3% of the annual market, whilst March took an 18.2% share.
  • Private registrations have risen for 14-consecutive months, with volumes in February up 28.9%.
  • Registrations of Mini segment cars rose 135.7% in February and have doubled during the year-to-date. The Supermini segment strengthened its position as the largest segment, with a 35.6% share of volumes in February.
  • Demand for petrol cars rose a fifth in the month, supported by the growth in private demand and Mini/Supermini segments. Alternatively-fuelled cars reported a 26.6% rise in February volumes.
  • Low volume monthly markets can see big percentage change differences in year-on-year comparisons.
  • The Ford Focus was the best selling model in February, whilst the Ford Fiesta took top spot in the year-to-date.
  • SMMT is expecting new ’13’-plate registrations in March to be just ahead of last year’s 372,835 units.

Click through to download the full February 2013 news release and data table.

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