03/Sep/2014 - Last News Update: 07:02

UK new car sales rise by 1.8% in 2010 says industry

Category: Business

Published: 7th Jan 2011 09:28:53

Sales of new cars in the UK grew by 1.8% in 2010 from the previous year, according to industry figures.

Registrations rose by 35,847 units to 2,030,846 according to the Society of Motor Manufacturers and Traders (SMMT).

But the SMMT warned sales were set to fall by 5% this year as "difficult market conditions continue".

Demand for fleet vehicles rose by more than 10%, but private sales slipped following the end of the government's Scrappage Incentive Scheme in May 2010.

This was reflected in sales which were up by 19.9% in the first half of the year, but which fell 13.8% in the second six months.

December sales were down by 18% on a year earlier - again because of the impact of scrappage scheme sales in 2009.

And while overall sales grew in 2010, it was the second lowest volume of car sales in the past decade and almost 375,000 below 2007 levels, the figures showed.

The SMMT's chief executive Paul Everitt said 2010 had been a "year of recovery for the motor industry".

"Economic conditions remain extremely challenging, but industry expects demand to strengthen in the second half of the year," he added.

"Competition in the retail sector will intensify as the industry seeks to rebalance demand across its new and used car and service and repair business."

Mr Everitt added that UK motor manufacturing had recovered "particularly well" in 2010, saying the outlook was for "further steady growth" this year.

BBC News External Link Show Citation

Latest News

Harvard Citation

BBC News, 2011. UK new car sales rise by 1.8% in 2010 says industry [Online] (Updated 7th Jan 2011)
Available at: http://www.ukwirednews.com/news/120524/UK-new-car-sales-rise-by-1-8-in-2010-says-industry [Accessed 3rd Sep 2014]

News In Other Categories

  • Toronto Film Festival 2014: Ones to watch

    The Toronto International Film Festival is set to kick off on Thursday - one of the largest and most prestigious events in the annual film festival calendar.
  • Bristol Academy extends reach overseas with first foreign students

    With the doors to its brand new £1million training centre officially open, one of the UK's leading apprentice training providers, Bristol based S&B Automotive Academy, is showcasing its world-class facilities by launching a series of foreign student exchanges for the first time in its 41-year history. To get a flavour of what life is like as an apprentice in the UK, the Academy hosted 16 apprentice engineers and bus drivers from the G9 Automotive College in Hamburg, Germany, as part of a Europe-wide vocational training initiative called the ‘Leonardo Programme’ with support from the European Social Fund. In a reciprocal arrangement, S&B will be sending nine apprentices to Germany during February 2012 so that they can get an appreciation of life in the automotive industry on the Continent. A further three German exchange groups are being planned for next year. Designed to assist the development of vocational skills and training across Europe, including work placements for trainees, the Leonardo Programme has a budget of €1.75bn, which is helping to encourage UK organisations to work with their counterparts abroad. In what is expected to be another challenging year for employers in the UK automotive sector, S&B’s Chief Executive, Jon Winter, claims that the exchange initiative will bring many benefits to the Academy and its apprentices: “In a world of global automotive brands, it’s important for our learners to understand the international context of the industry they have chosen to make their career. This new exchange programme will enable apprentices and Academy staff alike to achieve a better understanding of the challenges and opportunities within the automotive arena in Europe. With the Academy’s influence also extending to the USA and Asia, there’s every possibility that this initiative could move further afield in the future.” Continued Winter: “The need for skilled technicians across the world is on the increase and we actively encourage our apprentices to look at broader horizons during their training. Many of them have already learned the phrase ‘Vorsprung durch Gelehrtheit’, quite simply, ‘Advancement through learning.” In the 2010/11 academic year, S&B doubled the number of successful Apprenticeships over the previous year with some 350 apprentices graduating from the Academy. At the same time, achievement levels reached an all-time high with an overall success rate of 85%. For those learners on the Advanced Apprenticeship three-year programme, success rates were even higher, at over 98%. PHOTO CAPTION: As part of their exchange visit, S&B Automotive Academy arranged for the German apprentices to visit Hampshire bus operator, Bluestar, at its Barton Park depot. The students are pictured with S&B’s Andy West (3rd right) and Steve Prewett, Bluestar’s Area Engineering Manager (2nd right). Ends http://www.sandbaa.com
  • Daily question: Would Scots be better or worse off under independence?

    As the people of Scotland weigh up how to vote in the independence referendum, they are asking questions on a range of topics.
  • Barack Obama set to fly in for Nato summit in Newport

    Barack Obama will become the first serving US president to visit Wales when he arrives in Newport for the Nato summit later.
  • Scottish independence: Moderator calls for respect on both sides

    The Moderator of the General Assembly of the Church of Scotland has urged both sides in the referendum debate to treat each other with respect.
  • Swansea's Jonjo Shelvey in England 'thoughts' says Hodgson

    England manager Roy Hodgson has given encouragement to Jonjo Shelvey and his Swansea City team-mates that they remain in contention for a call-up.