UK and European Registrations Figures Dip

Newly released registration figures show that total European passenger car registrations in May dropped 1.7 per cent to 1,290,933, across the continent, with UK numbers falling 3.4 per cent to 187,900 units. The figure also show that in the UK diesels cars now occupy 36.8 per cent of the market, the highest point so far in 2005. Convertibles have also increased in popularity, with the sector now accounting for a record six per cent of May registrations

Although May 2005 had more working days in most countries than previous months, the European figures were heavily influenced by the significant –27.9 per cent drop in Italian registrations. This was attributed to a one-month strike conducted by car transporters in the country. Italy aside, France (+8.4 per cent), Spain (+7.1 per cent) and Germany (+6.2 per cent) all posted healthy increases in registrations numbers.

Across Europe these figures were reflected by manufacturers in those countries. Fiat for example reported a 25.5 per cent drop in registrations during May, something that was likely to have been caused by the Italian car transporters strike. Meanwhile, it is clear that Germany’s healthy 6.2 per cent growth was supported by BMW registrations – the group reported a 22.5 per cent increase in registrations.

Commenting on the UK registration data, SMMT chief executive, Christopher Macgowan said: “In a competitive market, this month’s figures remain stable, despite a slight dip compared to last year’s near record levels. The industry is proving resilient as it rides out weakening consumer confidence and the short-term problems associated with MG Rover.

“The new road pricing proposals could also have an effect on car buyers. Charging may well have a role in managing demand on our congested road network but it must not lead to an increase in tax take from the motorist. Any plans to change driving habits will only succeed if government delivers an improved infrastructure and a credible, cost efficient public transport network.”