Auto market remains challenging

Posted on 7 Jan 2011 by The Manufacturer

Total registrations of new cars was up by 1.8% in 2010 to just over two million vehicles, although the total remains the second lowest in the last decade, according to figures released today by the Society of Motor Manufacturers and Traders.

The Society of Motor Manufacturers and Traders revealed that registrations were up by 19.9% in the first half of 2010, but fell by 13.8% in the second half, after the scrappage scheme ended in March. This led private registrations to fall by 5.6% year-on-year, but a 10.3% rise in fleet sales provided compensation. December’s registrations…

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