New car registrations have dropped for the first time in a year
5 August 2010

New car sales have dropped for the first time in a year, according to the Society of Motor Manufactures and Traders.

The drop in sales this July, by 13.2%, has been blamed on the end of the scrappage scheme and the country’s current economic problems.

Although July’s figures of 136,446 in new car registrations are down, sales figures are still up by 15 per cent against last year.

Paul Everitt, SMMT’s chief executive, said July’s losses were expected, but he remained confident that predicted sales volumes are still forecast to exceed 2009.

However, the SMMT added that the outlook for 2010 remains “difficult to predict”.

Everitt said that the planned rise in VAT from January 2011 would help 2010 figures, and should see customers bring their purchases forward to beat the VAT rise.

Approximately two million newly registered cars were sold last year, partly thanks to the scrappage scheme boosting sales by at least 330,000. The incentive ceased in March this year.

The three best-selling models in July this year were the Ford Fiesta, Vauxhall Astra and Vauxhall Corsa.

 

Add your comment

Log in or register to post comments

Find an Autocar car review

Driven this week

  • Citroën C3 Aircross
    First Drive
    17 October 2017
    It's got funky looks and a charming interior, but it's another small SUV, and another dynamic miss. Numb steering is just one thing keeping it from class best
  • Skoda-Karoq 2.0 TDI 4x4
    First Drive
    16 October 2017
    Diesel version of Skoda’s junior SUV is unobtrusive and undemanding, but we’d still go for the silkier petrol version of the Karoq
  • Audi Q7 e-tron
    First Drive
    16 October 2017
    Expensive and flawed but this understated diesel-electric Audi Q7 has a lot to offer
  • Citroën C3
    First Drive
    16 October 2017
    Is the third gen Citroën C3 ‘fresh and different’ enough to take on its supermini rivals? We spend six months with one to find out
  • BMW X3
    First Drive
    15 October 2017
    A satisfying rework of the X3 that usefully improves its handling, cabin finish, space and connectivity to make this BMW a class front-runner again