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Huge Fall In New Car Registrations In September

October 7, 2018 by Logan Biggs

If you are a motor trader focusing on the sale of new cars, you may have found that the number of such vehicle sales dropped significantly when comparing the figures for September 2018 with the same month last year based upon data produced by the Society of Motor Manufacturers and Traders (SMMT). This is unfortunate news especially when you consider that September is one of the months when new cars are registered with a new number plate that included 68 for last month.

This was no small drop either. In September 2017 there were 426,170 new cars registered yet in the same month of this year that figure dropped to only 338,834 – a fall of 87,336. That equates to a drop of over 20% – a huge difference.

Diesel fuelled new car sales fell from 170,733 to 98,191 equating to a drop of 42.5%. Petrol fuelled new car sales dropped from 232,809 to 217,136 – a fall of 6.7%. AFV new car sales rose from 22,628 to 23,507 – an increase of 3.9%.

On a year to date basis to September 2018, a drop was also seen. In the 12 months to September 2017 there were 2,066,411 new cars registered yet in the same period to September 2018 there were 1,910,820 new cars registered – a drop of 7.5%. Again, diesel fueled new car sales fell from 884,188 in the 12 months to September 2017 to 607,092 in the 12 months to September 2018 – a fall of 31.3%. Petrol fuelled new car sales rose from 1,088,098 in the 12 months to September 2017 to 1,189,154 in the year to September 2018 – an increase of 9.3%. AFV new car sales continued on an upward path with 114,574 being registered in the 12 months to September 2018 compered to 94,125 in the twelve months to September 2017 – an increase of 21.7%.

The top 5 selling new cars in September 2018 were: –

1. Ford Fiesta 12,227
2. Vauxhall Corsa 10,660
3. Mercedes Benz A Class 8,005
4. Nissan Qashqai 7,003
5. MINI 6,931

Motor traders will be hoping that the market turns around this month and that we see an improvement in the numbers of new cars that are sold here in the UK. The number of new car sales has a knock on effect in the number of used cars that are either sold or put in part exchange. We will continue to keep you up to date.


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