SMMT revises sales up
May 5th, 2010 by James Baggott
THE SMMT has revised its forecast for UK car registrations UP to 1.9m units after a strong start to 2010.
It says total new car regiustrations are still anticipated to dip on last year, but added van sales are likely to rise.
It predicts new car sales will dip 3.6 per cent to 1.9m units – but that’s still up 107,000 units compared to forecasts at the start of the year.
And the figure is considerably higher than many car manufacturer bosses have predicted to Car Dealer – some have forecast as low as 1.6m for 2010.
The SMMT believes van sales will rise 8.6 per cent as this market was largerly unaffected by the scrappage scheme.
‘Forecasts for 2010 full year car and van registrations have been increased following a better than anticipated first quarter,’ said the SMMT.
Tags: SMMT