Registrations
Strong May rise of 13.5% precedes expected market decline
4 Jun 2010
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· New car registrations climbed 13.5% in May, marking the eleventh successive monthly rise.
· Full year registrations total expected to dip slightly as scrappage boost comes to an end.
· Fleet and private markets show positive gain in May up by 16.0% and 12.3% respectively.
“May was another good month for the UK new car market, although we expect the coming months to be extremely challenging,” said Paul Everitt, 91³ÉÈË chief executive. “It is essential that the upcoming emergency budget promotes consumer and business confidence to maintain economic recovery.”
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