Friday, October 02, 2009
New car sales expected to show September drop
Total UK new car registrations for September are likely to be down by a quarter compared to the last pre-recession September plate-change.
The official SMMT figures are not released until Tuesday (October 6) but an industry source said he expected registrations to show a 2.3 per cent dip on September 2008's results, unless there was a significant push on the final few trading days. That would mean a total new car market of around 322,000 units.
However, when compared to the pre-recession 57-plate launch month, when 419,290 cars were registered in September 2007, the total decline amounts to 23 per cent.
DATED: 02.10.09
FEED: AW
