• New car registrations fall by 2% in November.

    Autoshow Car sales fall in UK

Bad month for new car sales.

The UK new car market has seen a 2% fall in sales for the month of November 2006.

New car registrations fall by 2% in November.

In the UK new car registrations fell by two percent in November 2006 over the last November (2005) to 155,315 this comes following a 0.9 percent rise in October 2006 on last October (2005). The Society of Motor Manufacturing Traders (SMMT) who released the figures, also said that in the year to November as a whole, new car registrations were down 3.1 percent on the same period a year earlier at 2.21 million new car units.

Last month it revised up its forecast for the 2006 full year to 2.345 million new car units. This means that the figure would be some 4 percent below the 2005 market sales and it is anticipated that future years will remain at, or just below this level. Surprisingly diesel registrations have fallen for the first time since April 2006, down 2.5 percent to 65,203 new car units, to which the SMMT attributed to consumers greater awareness of environmental factors, yet there have been great strides into the introduction of green diesels and the like.

It is the Chancellor of the Exchequer’s pre-budget speech later today, it will be very interesting to see if he can offer any incentives on the tax on fuel or just something, but it is more likely to either do nothing or raise taxes on fuel. There are serious transport issues growing in the UK, public transport, road, air and train travel all needs to be looked at seriously.

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