page 1
page 2
page 3
page 4
page 5
page 6
page 7
page 8
page 9
page 10
page 11
page 12
page 13
page 14
page 15
page 16
page 17
page 18
page 19
page 20
page 21
page 22
page 23
page 24
page 25
page 26
page 27
page 28
page 29

New car marketUsed Car ConferenceNewsNew car newsAMRecruitmentIndexNews digestShowroomNew car marketBy Tim RoseOctober's new car market has ended 2.6% ahead of the same month in 2010, bringing a little cheer to franchised dealers and carmakers despite the uncertain economic climate.It was the second period in 2011 of year-on-year growth, after August's positive result but, like August, was against a backdrop of a very low October 2010 performance. The retail sector remains very depressed, with private registrations in October down 4.3% year-on-year and industry bodies continue to call on the Government to take action to lift consumer confidence in the economy.Sources have suggested to AM that dealer pre-registering is now very much a part of the market, with some mainstream and premium brands heavily pushing pack deals and stock funding facilities to get their networks to take more new cars and earn their volume bonuses. One industry source reported that pre- registrations accounted for almost a tenth of September's total volume.The challenge for dealers will be in retailing out of this stock early in the New Year at a profitable level while creating demand among sufficient private buyers for the March plate-change campaign.Paul Everitt, chief executive of the Society of Motor Manufacturers and Traders, said October was "a positive result". He added: "Vehicle manufacturers and their dealer networks are working hard to offer consumers value for money through improved fuel efficiency, Top 10 models in October by UK regionClick here October 2011new car regs by UK regionClick here October Total Diesel Petrol AFV Private Fleet Business2011 134,944 72,107 61,248 1,589 55,043 73,712 6,1892010 131,495 71,879 58,106 1,510 57,520 68,333 5,642% change 2.6% 0.3% 5.4% 5.2% -4.3% 7.9% 9.7%Mkt share '11 53.4% 45.4% 1.2% 40.8% 54.6% 4.6%Mkt share '10 54.7% 44.2% 1.1% 43.7% 52.0% 4.3%October new car registrationsPre-registering is believed to be a significant factor in the marketIndustry welcomes second sales increase in 2011'We hope the Chancellor's Autumn Statement will help to boost economic growth'Paul Everitt, SMMTSource:

low running costs and innovative finance. We expect market conditions to remain challenging and hope the Chancellor's Autumn Statement later this month will help to boost economic growth and consumer confidence." Sue Robinson, director of the RMI National Fran­chised Dealers Association (NFDA), echoed his view. She said: "The economy remains very fragile with external factors such as the European debt crisis affecting its stability. "Although last week's news that GDP was up 0.5% gives encouragement, consumer confidence remains low.  "The Chancellor needs to address the lack of consumer confidence in his autumn statement on New car marketNovember 29 by reviewing initiatives that could boost spending."The risersMarket leader Ford and second-placed Vauxhall both improved on their October 2010 performance, the former by 13% to 18,476 units and the latter by 0.2% to 16,008 units. Nissan continued to outperform the market, posting 7.6% growth to 6,385 registrations and inching the Japanese brand ever closer to Peugeot's heels in the year-to-date results.In terms of outright percentage growth year-on-year, the revitalised SsangYong leads the market, but its volume remains miniscule. Land Rover's registrations leapt 63.3% to 3,044 units, with a large boost from Evoque deliveries, while Hyundai and Honda also posted significant increases.The fallersSaab's woes continue, with the Swedish brand's October sales plunging 84% year-on-year to just 60 registrations. That was the worst fall in the market except for Lotus's 93.4% slump - only four cars were registered by the British sports car brand as it continues its network restructure.Many more mainstream brands posted declines, albeit less severe ones. Mazda's October sales were half those of 12 months ago, while Volvo and Mitsubishi also achieved a third fewer registrations. Declines of 40.6% and 17.7% at Aston Martin and Bentley respectively indicate that all is not well in the luxury supercar segment either, further evidenced by Porsche's 9% decline.October Year-to-date 1 Fiesta 7,308 1 Fiesta 84,5062 Corsa 6,300 2 Focus 72,8753 Focus 5,203 3 Corsa 67,2594 Golf 4,400 4 Golf 54,4135 Astra 4,159 5 Astra 53,2016 3 Series 3,664 6 Insignia 41,3097 Polo 3,289 7 Polo 39,9448 Insignia 2,923 8 3 Series 37,3149 Qashqai 2,789 9 Qashqai 33,55210 Jazz 2,472 10 Mini 30,305Top 10 best-sellersSource: Rover EvoquePaul Everitt's views on October's sales figures Click here