Thursday, June 07, 2007
Only N. Ireland shows positive result in May
THE NEW car market in Scotland, in May, dropped 2.27% to 14,938 units.
"We are disappointed to see that Scotland's new car registration figures have slowed slightly in May, but I don't think we should be totally surprised as the continuing increases in interest rates over recent months was bound to have an effect eventually," said SMTA chief executive, Douglas Robertson.
"Nevertheless, we remain fractionally ahead of last year's figures whilst remaining guarded in our projections for the remainder of the year."
Wales and N. Ireland
Northern Ireland was the only home country to show an increase in May. There, registrations rose 2.95% to 5,749 cars.
The Welsh market suffered from a 5.9% decline, down to 6,511 units.
DATED: 07.06.07
FEED: AW
"We are disappointed to see that Scotland's new car registration figures have slowed slightly in May, but I don't think we should be totally surprised as the continuing increases in interest rates over recent months was bound to have an effect eventually," said SMTA chief executive, Douglas Robertson.
"Nevertheless, we remain fractionally ahead of last year's figures whilst remaining guarded in our projections for the remainder of the year."
Wales and N. Ireland
Northern Ireland was the only home country to show an increase in May. There, registrations rose 2.95% to 5,749 cars.
The Welsh market suffered from a 5.9% decline, down to 6,511 units.
DATED: 07.06.07
FEED: AW
