IHS: 2015 car registrations show gains across brands and segments
Following SMMT’s release of record 2015 UK car registration figures, market analysts at IHS have offered commented on the brand and model trends the numbers reveal.
Following SMMT’s release of record 2015 UK car registration figures, market analysts at IHS have offered commented on the brand and model trends the numbers reveal.
UK new car registration figures for December 2015 released by the SMMT show a remarkable 8.4 per cent increase on the same period last year and, when combined with the previous 11 months of data, reflect an overall market improvement of 6.3 percent for 2015 over 2014.
Annual registrations of new cars in the UK grew for the fourth consecutive year in 2015 and exceeded 2.6 million units for the first time. Figures from the Society of Motor Manufacturers and Traders (SMMT) show that the market has posted increases in all bar one of the past 46 months, and a bumper December – up 8.4 per cent and the biggest ever – saw 180,077 new cars registered.
SMMT figures reveal that that it was a similar story of recovery for commercial vehicles, as registrations of commercial vehicles rose 13.9 per cent in November to 33,303 units. As with cars, this sales growth followed a dip in October.
Van registrations posted a 9.6 per cent rise in the month, continuing the general trend seen over the past few years with businesses having grown in confidence and online deliveries surging in popularity.
While November saw a rise in car sales, SMMT figures show that it was far from a good month for the VW Group in the UK: Volkswagen sales in Britain tumbled in November with new car registrations of VW-branded models falling 20 per cent year-on-year in the wake of the diesel emissions rigging scandal.
Following October’s decline – the first in 44 months – registrations of new cars in the UK returned to growth in November, according to the latest figures from The Society of Motor Manufacturers and Traders (SMMT).
178,876 cars were registered in the month, an increase of 3.8 per cent over November 2014, while the overall market in the first 11 months of 2015 has seen 6.2 per cent growth to 2,453,426 units.
The Society of Motor Manufacturers and Traders has issued a statement in response to the 2015 spending review: “Government engagement with industry has been fundamental to the recent success and global competitiveness of UK automotive, so today’s commitment by the Chancellor to a long-term industrial strategy for the sector is encouraging.
The UK automotive sector is leading Britain’s resurgence as a competitive industrial powerhouse, but needs government to work with industry to ensure continued success. That’s the message delivered by Gareth Jones, president of the Society of Motor Manufacturers and Traders (SMMT), in his keynote speech at SMMT’s 99th Annual Dinner in London yesterday evening.
The latest car registration figures released by the Society of Motor Manufacturers and Traders (SMMT) show that the market is levelling off, after a 1 per cent drop in October 2015 figures. 177,664 new cars were registered in the month, down 1.1 per cent on last year’s figure, following 43 consecutive months of growth.
The latest figures from the SMMT show that commercial vehicle (CV) registrations once again posted a healthy rise in September.
SMMT figures show that new car registrations in the UK reached their highest-ever September total last month. 462,517 cars were registered in September as buyers took advantage of a range of competitive deals on the latest 65-plate, making it the 43rd consecutive month of growth in the market. This marked a rise of 6 per cent for the month and the highest September on record.
Following up today’s release of August new car registration data, the Society of Motor Manufacturers and Traders has added country-based statistics showing that England is leading the way from the home nations.
Demand for commercial vehicles has increased in August, with overall new registrations rising 15.3 per cent, the Society of Motor Manufacturers and Traders states. In the year to date, demand has risen 19.0 per cent to 255,849 units, with truck demand in particular rising (38.3 per cent up to 49,890 in 2015). Growth in August for the truck sector saw registrations up 20.2 per cent.
According to figures published today by the Society of Motor Manufacturers and Traders, Britain’s new car market recorded its 42nd consecutive month of growth in August – albeit in one of the year’s quietest months. New car registrations increased 9.6 per cent to 79,060 for the month, taking year-to-date growth to a healthy 6.7 per cent.
Britain’s commercial vehicle manufacturing industry continued its strong recovery in July, with production volumes up 46.3 per cent over the same month last year. A total of 9,274 CVs were built in the month, with output for the UK market posting an especially strong gain of 137.6 per cent.
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