UK Car Sales Are Up In The Last 14 Months
Posted by Admin at 3 January 2012, at 09 : 23 AM
The UK car sales are picking up in 2011. UK People are having their confidence back in the economy, and they are spending money in the car market. The British Govt is also taking all the necessary steps to lift the vehicle sales. The new automobile sales & used auto sales were generally uptrend in 2010-2011. The SMMT has reviewed the outlook Car market of UK, and they’re saying that the market is still ‘Challenging’.
The Society of the Motor Makers & Traders or SMMT in short, attested that UK’s new car sales rose in August, 2011. This rise is very significant for the UK Car Sales industry. August was the fastest month for Auto sales. There was more than fifty 9,000 new car registration during in the August. The sale was up 7.3% in this month alone. The total sale was up by within a third. UK automobile sale figure was uptrend before the September’s launch of the new Automobile plants.
The launch of 61 automobile plate registrations is very important for the United Kingdom Automobile industry. This figure is the total of 17% total annual registration.
The little autos sales in UK have increased sharply in the August. The mini automobiles sales jumped more than 30%. The super mini automobile type sales rose 18%.
The Ford’s Fiesta is still holding the top sale position in UK market. In Aug, Ford sold 3,213 Fiesta in UK.
The sales of Electrical vehicles were on the rise. In August, 34 electric car was sold. In 2011, a total 837 electric car was sold in UK. The UK govt. has granted ?5000 to 812 individuals who bought the electric car. SMMT found that the high cost of electrical vehicle maintenance is slowing the Electrical automobile sales. While purchasing an electric vehicle, people also consider the higher interest payment associated with the electric automobile. The two elements are hampering the growth of electric automobile market.
SMMT also found in their study that, some UK shoppers are still worried about the economic result. This is having an effect on their car buying decision. They also noted that, they’re also gaining confidence bit by bit by knowing the present car market situation. The body said that, in 2012, the vehicle sales could exceed the 2,000,000 figures. The United Kingdom market condition is really promising at this time. The approaching hydrogen automobile project and State of the art car plants will surely provide more just design cars in the United Kingdom automobile market. This will in general boost the sales of cars in England Automobile Market. The critics are also optimistic about the good automobile sales result in 2012.
This will in general boost the sales of cars in the UK Auto Market. The critics are also hopeful about the good vehicle sales result in 2012.