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Monday 07th of December 2009
December 4, 2009    

New car sales continue to rise in November

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by Kay Murchie
”New

The Society of Motor Manufacturers and Traders (SMMT) has today revealed sales of new cars grew by 57.6% in November compared with the same month in 2008, boosted by the Government’s scrappage scheme.

November also represented the fifth consecutive monthly rise. July saw the first monthly rise, prior to that there were 15 successive months of decline.

The scheme pays consumers £2,000 to get rid of their old cars and replace it with a more environmentally friendly car.

New registrations also rose in November with a total of 158,082 cars registered, the SMMT said.

Meanwhile the SMMT said the Ford Fiesta was the best selling car during November for the ninth time this year, as motorists opt for smaller cars.

Commenting on today’s figures, Paul Everitt, SMMT chief executive, said: “The increase in new car registrations in November reflects the positive impact of the scrappage incentive scheme, customers avoiding the VAT increase in January and the very difficult conditions we experienced a year ago.”

However, the SMMT warned that the outlook for the car industry was “uncertain” with the scrappage scheme coming to an end soon, as well as the VAT rate reverting back to 17.5% on 1 January 2010.

Furthermore, there are new road tax rates coming into effect in April, highlighted the SMMT.

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