The stats sound good so just in case you missed them I am going to let you take it in and digest – new car registrations rose seven per cent in November to 159,581 units, the month’s best performance since 2004 while 2,111,819 cars registered year-to-date, up 9.9 per cent and already ahead of 2012 full-year figure of 2,044,609.
In a time of austerity, these figures certainly lift the spirits and show the UK car market has turned the corner from those bleak days from 2008 to 2011. The market has been buoyed in the past year by interesting new metal in the guise of Ford’s Fiesta, the Vauxhall ADAM and of course halo models for Jaguar with the F-TYPE and the all new Range Rover from Land Rover.
The UK car park is a diverse country when it comes to cars. For many the car is a tool to get you from A to B but there are also a large number of enthusiasts making hot hatches something of a common sight. This sector in 2013 has been full of exciting new metal which in turn has also helped to increase sales. Cars like the Ford Fiesta, the Renault Clio Renaultsport and the Peugeot 208 GTi have all swelled the hot hatch sector making it one of the most competitive segments in years.
This upward turn, the increase in halo and hot hatches mean and of course the upturn in sales mean that UK market is turning the corner. The great news is that the SMMT expect more growth as the economy begins to grow – dealers get ready for an avalanche as new car sales are going keep on growing – mark my words.
The biggest new car trend could yet be on its way with the onslaught of electric powered cars. Nissan was amongst the bravest and set its stall out early – many other makers have gone for stop/start technology but the race is on to develop electric cars that come with a range able to cover between 400 and 500 miles. Motorsport technology is helping to develop electric power sources – will the charging network be able to cope with the onslaught of electric cars?
Regardless of the answer to the electric question – cars sales are set to go up in 2014 which should all put a smile on our face.