Dealers Struggle In Weak October New Car Market

  • Registrations fell 10.8 per cent in October to 152,497 units
  • Year-to-October figures were down 5.6 per cent at 2,124,377 units on the back of a strong September
  • Diesel penetration at record 39.9 per cent, but first fall in volumes in 61 months

'2005 has been a tough year for the new car market,' commented SMMT chief executive Christopher Macgowan. 'The downturn in consumer spending has hit dealerships across the country. The good news for buyers is that a weak market means strong deals. The next few months will also see a range of new models, especially in the popular supermini segment. Manufacturers and dealers will continue to fight hard for every sale.'

6 November 2005 Staff
 
 

The information contained this motoring news article may have changed since publication. Product specifications, reviews and editorial may only apply to the UK market. You may wish to check with the manufacturer before making a purchasing decision. E.&.O.E. You may NOT reproduce our motoring news in full or part, in any format without our written permission. carpages.co.uk © 2017