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Monday 07th of February 2011
February 4, 2011    

UK car sales down for seventh straight month

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by Kay Murchie
”UK

The Society of Motor Manufacturers and Traders (SMMT) has today announced UK car sales fell by 11.5% in January compared with the same month in 2010.

It represents the seventh consecutive monthly fall.

The SMMT said the number of new cars sold in the month was 128,811. However, the fall was in line with the Society’s forecasts after it warned of challenging times as a result of the end of the ’cash for bangers’ scheme.

The £400 million initiative, which was launched in May 2009 to boost the ailing car industry, paid drivers of cars at least 10 years old £2,000 off the price of a new vehicle.

However, the scheme ended on 31 March 2010.

Commenting on today’s figures, SMMT chief executive Paul Everitt said: “This marks the beginning of a challenging year for the UK motor industry.”

However, Mr Everitt expects demand to strengthen in the second half.

The SMMT is urging the Government to consider freezing fuel duty, while “providing stability and certainty on motoring taxes” in next month’s budget.

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