Is your car your pride and joy, or are you ready for a change? Let us know and you could win a £300 John Lewis voucher | No thanks

New car sales continue to grow in November

The Society of Motor Manufacturers and Traders (SMMT) has confirmed that new car sales in the UK continue to perform well in a weakening Europe. In November, registrations rose by 11.3% to 149,191 units, on the back of increased private demand, and the Focus overtook the Fiesta as the UK's best selleing car.

For the first ten full months of 2012, the market grew by 5.4% to 1,921,052, another positive performance for the UK motor industry. The SMMT is now predicting that 2,013,000 in 2012, and that will be the best year since 2008. Interestingly, the UK's new car sales have overtaken France's during January-October to become the EU's second largest market behind Germany.

Despite the encouraging growth in 2012, volumes remain 15% below the pre-recession annual markets of 2.4 million units and above. Much of this growth is is on the back of strong demand from private buyers - sales have increased by more than a fifth in November and by 12.9% over the year-to-date.

In November, the Ford Focus was the number one seller with 7495 units sold, outselling the Fiesta by a mere 12 cars. But for the year-to-date, the Fiesta remains convincingly the UK's best-selling car.

Paul Everitt, SMMT Chief Executive said: 'New car registrations rose 11.3% in November, positioning the UK new car market as the second largest in Europe. The upward trend has been driven by private retail customers. The outlook for 2013 remains challenging, but vehicle manufacturers and their dealers will continue to work hard to attract motorists to their showrooms and deliver outstanding value.'

Top 10 sellers: January-November 2012

  1. Ford Fiesta: 104,288
  2. Vauxhall Corsa: 84,924
  3. Ford Focus: 77,850
  4. Volkswagen Golf: 59,465
  5. Vauxhall Astra: 57,911
  6. Nissan Qashqai: 42,835
  7. BMW 3 Series: 41,340
  8. Volkswagen Polo: 39,401
  9. Mercedes-Benz C-Class: 35,328
  10. BMW 1 Series: 31,292

Ford _fiesta _3-door _econetic _uk -spec _13

Comments

Add a comment

 

Ask Honest John

Value my car

Amount to borrow
Sorry. The minimum loan amount is £1000
To pay back over

My credit score

Best available rate 9.20%

Total repayment £9,304.93

Total cost of credit £1,804.93

£155.08

60 monthly payments

Apply now

Representative example

The Representative APR is 13.2% (fixed) so if you borrow £7,500 over 4 years at a rate of 13.2% p.a (fixed) you will repay £199.21 per month and repay £9562.20 in total.

CarFinance 247 Limited is acting as an independent credit broker