Currently reading: More record growth for UK's new car market
The UK's new car market continued its record growth last month, with a total of 76,958 new cars registered
Darren Moss
News
2 mins read
5 March 2015

The UK’s new car market grew again in February, with the industry recording the 36th consecutive month of growth.

New figures from the Society of Motor Manufacturers and Traders (SMMT) reveal that a total of 76,958 new cars were registered in February, up by 12% on February last year.

The figures show that while private sales continue to do well, with 30,899 new cars registered last month alone, it is the fleet sector which is helpingd to drive the record growth, with sales up by 19% on February 2014.

Sales of alternatively fuelled vehicles, which includes plug-in hybrids and pure EVs, were up by 52.8% on last year, with 1852 cars registered last month.

The UK’s car market has been growing steadily since March 2012, far beating the previous period of record growth, set in the late 1980s.

SMMT chief executive Mike Hawes said: “Three years of continuous growth in the new car market is remarkable and reflects the strong upturn in the confidence of UK car buyers since the recession.

"Registrations of fleet and business cars have outpaced the private market in February, reflecting the increased business confidence across the UK. With most fleet car buyers on a three-year replacement cycle, many of those cars purchased at the beginning of the current growth period are now due for replacement.

“Over the course of 2015, however, we are expecting a more stable market to emerge given there has already been an extended period of consistent growth.”

UK’s best-selling cars in February 2015

Ford Fiesta 4096 units registered

Volkswagen Golf 3177

Vauxhall Corsa 2830

Vauxhall Astra 2396

Ford Focus 2021

Nissan Qashqai 1800

Vauxhall Insignia 1797

Mercedes-Benz C-Class 1686

Audi A3 1609

Fiat 500 1436

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Comments
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AndyT 6 March 2015

Chrysler sold only 12 cars

Chrysler sold only 12 cars last month. It must be a matter of time before FCA withdraw the brand as a failed experiment and concentrate on Jeep, Fiat and Alfa (again).
fadyady 5 March 2015

Golf vs Fiesta

At this rate VW will soon be selling more Golfs than Ford is selling the Fiesta. Is this happening at the expense of Polo?
catnip 6 March 2015

fadyady wrote:At this rate VW

fadyady wrote:

At this rate VW will soon be selling more Golfs than Ford is selling the Fiesta. Is this happening at the expense of Polo?

Well the new Golf does seem to be everywhere you look, maybe the Up has snipped some Polo sales at the lower end too. My experience with VW dealers in recent years is that they think the Polo is the poor relation, some of them are almost derisory towards it. Vauxhall will be pleased that the Astra has at long last overtaken the Focus, perhaps we'll see the 'new' Corsa doing the same to the Fiesta soon.

LP in Brighton 5 March 2015

February is a quiet month

So the 12% sales increase is no big deal. But after 3 years of continuous growth, it'll be interesting to see what happens next. Will the forthcoming registration change see a leveling off, or will the market continue to grow?