Number of new cars sold continues to fall
The number of new cars sold last month was 1.7% down on May last year at 150,431 registrations, new figures showed today.
Sales for the first five months of 2011 fell 7.3% to 846,513 units, said the Society of Motor Manufacturers and Traders.
Chief executive Paul Everitt said: "New car registrations for May were down just 1.7% on 2010 levels, with strong performances in the fleet and business sectors.
"Consumers remain cautious but, with significantly improved fuel economy, service plans and more affordable finance, there is great value on offer across the market."
New car sales have now fallen for 11 months in a row, but the Society of Motor Manufacturers and Traders (SMMT) said May's decline was the smallest since registrations began to contract in July last year.
Registrations over the first five months of this year have fallen by 7.3%, or 66,923 units, to 846,513.
The SMMT predicted that the market will stabilise in the third quarter of the year and the full-year market will total 1.93 million sales in 2011, a decline of around 34,000 units.
Demand from private car customers continued to fall, down 15.3% in May and by 18.9% over the year to date. Total market volumes have been supported by fleet sales, which rose by 11.1% last month.
Diesel cars accounted for 52.9% of the market in May, from 46.9% last May. VW's Golf was the best-selling diesel model in May, while the Ford Fiesta was the top-selling car overall.
Registrations of supermini cars posted their first rise in registrations since last June, while sales of executive luxury saloons and dual-purpose cars showed the best growth rates during May.
- 1 Bill Clinton portrait features Monica Lewinsky reference, artist admits
- 2 What happens to your body when you give up sugar?
- 3 Delhi bus rapist blames dead victim for attack because 'girls are responsible for rape'
- 4 Have sex with your iPad thanks to the new sex toy no-one asked for
- 5 Average penis size revealed: Scientists attempt to find what is 'normal' to reassure concerned men
Bill Clinton portrait features Monica Lewinsky reference, artist admits
Japanese island overrun with cats after population explodes
China's 'Inconvenient Truth': video exposing country’s smog crisis watched 100 million times
Delhi bus rapist blames dead victim for attack because 'girls are responsible for rape'
The 'sex selfie stick' lets you FaceTime the inside of a vagina
New theory could prove how life began and disprove God
'Jihadi John': CAGE representative storms off Sky News accusing Kay Burley of Islamophobia
This is what it's like to be dead, according to a guy who died for a bit
Durham Free School: 'Creationism taught at' free school facing closure
Ukip would cut billions from Scottish budget to fund English tax cuts
Nearly 100,000 of Britain's poorest children go hungry after parents' benefits are cut
iJobs Money & Business
£15000 - £18000 per annum: Recruitment Genius: This is a great opportunity for...
£50000 - £60000 per annum + Excellent Salary: Austen Lloyd: An outstanding new...
£20000 - £21000 per annum + uncapped commission: SThree: As a graduate you are...
£25000 - £30000 per annum + benefits: Ashdown Group: A global leader operating...