Further fall in new car sales
New car sales dipped again last month and are set to continue to fall for the rest of the year, it was announced today.
A total of 55,305 new cars were registered in August 2010 - 17.5% fewer than in the car scrappage-fuelled month of August 2009, the Society of Motor Manufacturers and Traders (SMMT) said.
The decline last month followed a fall in July this year - the first for 12 months.
After a huge dip in sales in the first half of 2009, registrations for the second half of last year soared when the car scrappage scheme was introduced.
With the scheme now over, it was expected that sales for the second half of 2010 would show a decline.
Despite falls over the last two months, new car sales for the year so far (January to August) are up 13.2% compared with the first eight months of last year.
The SMMT reckons that year-end registrations will reach 2.0 million, which would represent a 1.2% rise on the figure for 2009.
It is also forecast that this month's registrations - which feature the new "60" number plates - will be about 10% down on the September 2009 total of just under 368,000.
Diesel-fuelled cars took a record 52.6% share of the market last month. While sales of mini, supermini and lower-medium sector cars fell last month, registrations of multi-purpose and sports vehicles rose, as did sales of executive and luxury saloons.
SMMT chief executive Pal Everitt said: "New car registrations were down in August and conditions will remain challenging through the rest of the year.
"The industry enjoyed a better-than-expected first half of the year and, despite the difficulties, SMMT is forecasting that new car registrations will close just ahead of 2009 figures."
These were the best-selling models in August 2010:
1. Ford Fiesta
2. Ford Focus
3. Vauxhall Astra
4. Vauxhall Corsa
5. BMW 3 Series
6. Volkswagen Golf
7. Nissan Qashqai
8. Vauxhall Insignia
9. Volkswagen Polo
10. Audi A3
Justin Bieber was one of the hardest hit
- 1 Nigel Farage: Me vs Russell Brand on Question Time – he's got the chest hair but where are his ideas?
- 2 Harry Potter fans can apply to the Hogwarts-inspired College of Wizardry
- 3 Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
- 4 Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
- 5 Orange Wednesdays are no more
Weather bomb in pictures: Storms cuts power for tens of thousands – and snow is on the way
Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
Russell Brand was rendered speechless on Question Time by this man
Fury at Airbus after it hints the super-jumbo may be mothballed
Disgruntled RBS worker writes hilarious open letter to Russell Brand after anti-capitalist publicity stunt leaves him hungry
Shock poll shows voters believe Ukip is to the left of the Tories
Nigel Farage's approval rating hits 'record low' as popularity suffers in wake of Ukip sex scandal
Ukip candidate jokes about 'shooting peasants' in racist and homophobic rant
Pakistan school attack live: Taliban kill at least 132 children in 'horrifying' massacre
Sony hack: Angelina Jolie branded 'seriously out of her mind' in further embarrassing leaked email saga
iJobs Money & Business
Up to £70,000 per annum + benefits: Sheridan Maine: Are you a qualified accoun...
Up to £65,000 per annum + benefits: Sheridan Maine: Are you a qualified accoun...
£32000 - £35000 per annum + benefits: Ashdown Group: Marketing Services Manage...
£Neg. (DOE) + Excellent Benefits: Guru Careers: A Finance Account Manager with...