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Car buyers rush to franchised dealers in January

New car registrations up 9.3 per cent in January to 205,476 units 2001 was a record year for new registrations – 2.45 million units, beating the previous record set in 1989, which saw 2.3 million new cars registered. January figures mark 16 months of growth in the new car market December 2001 The attached tables show the registration figures for Great Britain, Northern Ireland, The Isle of Man and the Channel Islands in detail. Top performers by range and UK penetration figures are also listed. Providing the SMMT is acknowledged as the source of this information, the figures may be quoted. Substantial reproduction needs specific approval by the SMMT. DownloadClick to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window) SMMT chief executive Christopher Macgowan said, ‘Car buyers flocked into franchised dealers in January and 2002 is off to a flying start. Growth of nine per cent in the market is good news for the industry and it’s worth noting that the total number of British built cars increased year-on-year despite a rise in the sales of cars manufactured outside the UK. ‘New models, competitive pricing and high levels of customer satisfaction mean that the franchised dealer network continues to keep the customer in the driving seat for great deals.’ Notes to editors New car registrations in the UK are expected to reach 2.35 million units in 2002. Car buyers rush to franchised dealers in January The UK car market is now the second biggest in Europe. Private registrations up 5.3 per cent on top of 28.2 per cent rise in 2001 read more

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