New car registrations down by nearly 22 per cent in February
5 March 2009

New car registrations in the UK fell yet again in February, with the market down nearly 22 per cent year on year.

Although the month’s sales figures were slightly above expectations, the Society of Motor Manufacturers and Traders (SMMT) warned that urgent government action was still needed to slow the decline.

“Other European countries have been proactive in assisting their automotive industries,” said Paul Everitt, SMMT chief executive. “It is imperative that UK government increases the pace in responding to industry proposals for a scrappage scheme, and access to finance and credit.”

Not every automotive market segment suffered, however; supermini sales were up by 47.3 per cent compared with February 2008.

Matt Rigby

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