Cars Registrations SMMT News

New car market momentum continues in key plate-change March

05 April 2013 #Cars #Registrations #SMMT News
  • UK new car registrations rose 5.9% in March with 394,806 registrations of 13-plate cars.
  • Registrations in Q1 rose by 7.4% to 605,198 units.
  • March marked the 13th consecutive month of growth in new car registrations, with volumes the highest since 2010 when the Scrappage Incentive Scheme supported the market.
  • The uplift in the market follows strong demand in private registrations, which were up 11.2% in Q1.
  • Registrations of all sales types rose in March, and across most segments – notably the Mini and MPV segments.
  • The better than expected Q1 outturn should support net growth in the market in 2013. SMMT will review its full year forecast later in March.

“UK new car registrations out-performed expectations in March, the first month of the new 13-plate. The market increased more than 5% on March 2012 to almost 395,000 units,” said SMMT Interim Chief Executive, Mike Baunton. “Despite ongoing economic concerns, consistent monthly growth in the market is an encouraging sign of returning consumer confidence as motorists are attracted to forecourts by new models and the latest technologies.”

March 2013 new car registrations data

March Total Diesel Petrol AFV Private Fleet Business
2013 394,806 187,239 202,249 5,318 204,299 171,728 18,779
2012 372,835 181,368 186,047 5,420 189,468 165,565 17,802
% change 5.9% 3.2% 8.7% -1.9% 7.8% 3.7% 5.5%
Mkt share ’13 47.4% 51.2% 1.3% 51.7% 43.5% 4.8%
Mkt share ’12 48.6% 49.9% 1.5% 50.8% 44.4% 4.8%
Year-to-date Total Diesel Petrol AFV Private Fleet Business
2013 605,198 292,403 304,356 8,439 294,656 282,695 27,847
2012 563,556 283,872 271,486 8,198 264,884 273,898 24,774
% change 7.4% 3.0% 12.1% 2.9% 11.2% 3.2% 12.4%
Mkt share ’13 48.3% 50.3% 1.4% 48.7% 46.7% 4.6%
Mkt share ’12 50.4% 48.2% 1.5% 47.0% 48.6% 4.4%

March 2013 best sellers

Best sellers March Year-to-date
1 Fiesta 22,748 1 Fiesta 34,309
2 Corsa 16,169 2 Focus 25,081
3 Focus 15,434 3 Corsa 24,561
4 Golf 9,978 4 Astra 17,202
5 Astra 9,559 5 Golf 15,726
6 Qashqai 8,465 6 Qashqai 14,601
7 Polo 7,431 7 Polo 11,753
8 1 Series 7,001 8 208 11,108
9 208 6,726 9 C-Class 10,301
10 C-Class 6,628 10 Juke 10,010

New car registrations continue to grow in key March market, with demand for 13-plate cars up 5.9%

  • UK new car registrations rose for a 13th consecutive month in March, up 5.9% at 394,806 units.
  • Q1 registrations increased by 41,642 units, totalling 605,198 cars. This is still some 12.1% below the 2007 pre-recession market total, but was the best since the 2010, when more than 50,000 cars were registered through the Scrappage Incentive Scheme.
  • Registrations over the past 12 months have risen by almost 140,000 units, or 7.2%, to 2.086 million units.
  • The Q1 outturn was 2.7% above SMMT’s forecast, which could lead to the market exceeding SMMT’s 2.057 million unit full year outlook. However, trading conditions remain challenging, given the subdued wider economic setting.
  • The market’s growth over the past 13 months has been supported by increases in private registrations, although all sales types reported growth in March and Q1 2013.
  • Registrations of petrol-fuelled cars rose by 12.1% so far in 2013, outselling diesels. This has been spurred by growth in the small car and private sector markets. Registrations of alternatively-fuelled cars dipped in the month, but rose by 2.9% in Q1.
  • The Mini segment again showed the strongest growth in March, up 56.5%, due to the success of new models.  Double digit gains were also reported in the MPV and Dual Purpose segments. All segments, except Upper Medium and Luxury Saloon, grew in March.
  • The Ford Fiesta was the best selling model in both March and Q1.

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

The tables above show registration figures for Great Britain, Northern Ireland, the Isle of Man and the Channel Islands in detail. Providing that SMMT is cited as the source of this information, the figures may be quoted for editorial use only. Substantial reproduction needs specific approval by SMMT.

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