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September new car registration figures exceed expectations |
As the UK new car registration figures for September are released, David Raistrick, UK Manufacturing Leader at Deloitte, commented:
“Today we’ve seen the third consecutive month of growth in new car registration figures, with an increase of 11.4%. September is an important month for new car registration figures given the demand for new number plates; hence it is critically important that the figures have risen significantly.
“The 11.4% rise in new car registrations exceeds market expectations and is a much more promising increase than the previous two months’ 6% and 2.7% rises, giving hope that the industry is on the slow road to recovery.
“Reports suggest that scrappage currently accounts for almost 25% of new car sales and this has no doubt added to September’s increased registration figures. It is a relief for the industry that the scheme has been extended. The extension of an extra 100,000 vehicles will hopefully maintain the momentum that the automotive sector needs to achieve a long lasting recovery.”
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In this press release references to Deloitte are references to Deloitte LLP, which is among the country's leading professional services firms.
Deloitte LLP is the United Kingdom member firm of Deloitte Touche Tohmatsu (‘DTT’), a Swiss Verein, whose member firms are legally separate and independent entities. Please see www.deloitte.co.uk/about for a detailed description of the legal structure of DTT and its member firms.
The information contained in this press release is correct at the time of going to press.
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