Government urged to kick-start consumer confidence after weak car registrations in August
4 Sep 2008· August new car market down by 18.6% and 3.8% year-to-date.
· Mini segment volume doubles in August, taking year-to-date increase to 37.1%.
· Diesel registrations account for 43.2% of 2008 new car market, year-to-date.
“August is one of the quietest months for the new car market, but this year it was the lowest since 1966 with only 63,225 registrations. The slow-down in the UK mirrors the difficult conditions being experienced across the main European markets,” said Paul Everitt, 91³ÉÈË chief executive. “Industry is encouraged by the growing interest in lower carbon cars, but is concerned by the reluctance of consumers to commit to major purchases. There is a clear need for sustained action by government to boost the economy and restore confidence.”
