Sales UP again in Sept
October 6th, 2009 by Richard Aucock
UK car registration figures just released by the SMMT show an 11.4% rise for September – again, thanks to scrappage.
The figures are the THIRD monthly rise in a row, and are a further boost to new car dealers.
367,929 new cars were sold in the key sales month of September, as car buyers responded to the launch of the 59-plate new registration.
It’s stemmed the drop in year-to-date sales, to 15 percent. So far in 2009, over 1.5m new cars have been registered in the UK. This will have many hoping the more pessimistic 1.6-1.7m annual sales estimates some spoke of earlier in the year are exceeded.
SMMT chief Paul Everitt said ‘market conditions remain challenging, with demand being underpinned by the extremely successful scrappage incentive scheme.
‘The extension of the scheme will help to sustain demand through the latter part of this year and into 2010. This will allow economic recovery to strengthen and safeguard valuable industrial capability.’
70 percent of these September sales would NOT have happened in 2009 if it wasn’t for the scrappage scheme.
Was it right to extend scrappage?
OFFICIAL: Scrap scheme extended
Tags: 59-plate, registrations, sales, SMMT