{"id":1878,"date":"2015-04-13T10:39:48","date_gmt":"2015-04-13T10:39:48","guid":{"rendered":"https:\/\/dev.lnetdev.uk\/thevra2026\/?p=1878"},"modified":"2015-04-13T10:39:48","modified_gmt":"2015-04-13T10:39:48","slug":"march-car-registrations-hit-16-year-high","status":"publish","type":"post","link":"https:\/\/dev.lnetdev.uk\/thevra2026\/march-car-registrations-hit-16-year-high\/","title":{"rendered":"March car registrations hit 16-year high"},"content":{"rendered":"

New car registrations rose 6% to 492,774 units in March, the best month since the twice-yearly number plate changes were introduced in 1999.<\/p>\n

Year to date the market is ahead 6.8% to 734,588 units, according to figures from the SMMT.<\/p>\n

New car registrations March and 2015 YTD (Source: SMMT)<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
March<\/strong><\/td>\nTotal<\/strong><\/td>\nDiesel<\/strong><\/td>\nPetrol<\/strong><\/td>\nAFV<\/strong><\/td>\nPrivate<\/strong><\/td>\nFleet<\/strong><\/td>\nBusiness<\/strong><\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
2015<\/td>\n492,774<\/td>\n229,357<\/td>\n249,082<\/td>\n14,335<\/td>\n253,043<\/td>\n219,153<\/td>\n20,578<\/td>\n<\/tr>\n
2014<\/td>\n464,824<\/td>\n222,409<\/td>\n233,702<\/td>\n8,713<\/td>\n246,488<\/td>\n196,304<\/td>\n22,032<\/td>\n<\/tr>\n
% change<\/td>\n6.0%<\/td>\n3.1%<\/td>\n6.6%<\/td>\n64.5%<\/td>\n2.7%<\/td>\n11.6%<\/td>\n-6.6%<\/td>\n<\/tr>\n
Mkt share \u201915<\/td>\n<\/td>\n46.5%<\/td>\n50.5%<\/td>\n2.9%<\/td>\n51.4%<\/td>\n44.5%<\/td>\n4.2%<\/td>\n<\/tr>\n
Mkt share \u201914<\/td>\n<\/td>\n47.8%<\/td>\n50.3%<\/td>\n1.9%<\/td>\n53.0%<\/td>\n42.2%<\/td>\n4.7%<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Year-to-date<\/strong><\/td>\nTotal<\/strong><\/td>\nDiesel<\/strong><\/td>\nPetrol<\/strong><\/td>\nAFV<\/strong><\/td>\nPrivate<\/strong><\/td>\nFleet<\/strong><\/td>\nBusiness<\/strong><\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
2015<\/td>\n734,588<\/td>\n349,741<\/td>\n364,062<\/td>\n20,785<\/td>\n351,571<\/td>\n354,690<\/td>\n28,327<\/td>\n<\/tr>\n
2014<\/td>\n688,122<\/td>\n334,962<\/td>\n340,376<\/td>\n12,784<\/td>\n347,668<\/td>\n309,545<\/td>\n30,909<\/td>\n<\/tr>\n
% change<\/td>\n6.8%<\/td>\n4.4%<\/td>\n7.0%<\/td>\n62.6%<\/td>\n1.1%<\/td>\n14.6%<\/td>\n-8.4%<\/td>\n<\/tr>\n
Mkt share \u201915<\/td>\n<\/td>\n47.6%<\/td>\n49.6%<\/td>\n2.8%<\/td>\n47.9%<\/td>\n48.3%<\/td>\n3.9%<\/td>\n<\/tr>\n
Mkt share \u201914<\/td>\n<\/td>\n48.7%<\/td>\n49.5%<\/td>\n1.9%<\/td>\n50.5%<\/td>\n45.0%<\/td>\n4.5%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

The March market was fuelled by the fleet market, which rose 11.6%, reflecting growing confidence in the UK economy. Year to date fleet sales are ahead 14.6%.<\/span><\/p>\n

Private sales rose 2.7% for the month and year to date are ahead 1.1%. The retail market has been powered over the past 18 months by strong fianc\u00e9 deals, the growth of PCPs and low interest rates.<\/p>\n

There has been growing concern, however, that sales are being distorted by dealers having to increasingly pre-register cars in order to meet targets.<\/p>\n

Mike Hawes, SMMT chief executive, said, \u201cThe best month this century for new car registrations is a welcome boost for the UK\u2019s thriving automotive sector.\u201d<\/p>\n

Chris Sutton, managing director of finance firm Black Horse said: \u201cThe industry has for a while been suggesting that demand will ease for new cars but based on current data it is hard to predict when this growth will slow down.<\/p>\n

\u201cCertainly the continued low interest rate environment coupled with attractive and affordable car finance deals continue to play a strong role in maintaining growth in this part of the UK economy.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

New car registrations rose 6% to 492,774 units in March, Read More…<\/a><\/p>\n","protected":false},"author":4,"featured_media":1573,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[37],"tags":[213,214],"class_list":["post-1878","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news","tag-car-registrations","tag-march"],"acf":[],"_links":{"self":[{"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/posts\/1878","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/comments?post=1878"}],"version-history":[{"count":0,"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/posts\/1878\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/media?parent=1878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/categories?post=1878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/tags?post=1878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}