SMMT data shows static fleet market in April
The SMMT's figures reveal that a total of 72,385 vehicles were registered by fleets in April – virtually identical to the 72,354 vehicles registered for the same month in 2009.
The sub 25 fleet sector showed more variance, with April's registrations down by 13.6% to 6,050 compared to 7,004 units in April 2009.
It was only the retail market, despite the dissipation of the scrappage scheme, that put in a positive performance – this led to a rise in overall new car registrations of 11.5% to 148,793.
Year-to-date figures painted a more rosy picture for fleet and business sales, with the fleet sector having registered a total of 344,896 vehicles – up by 14.7% on 2009 – and registrations were also up amongst smaller businesses by 4.4% to 36,725.
Overall year-to-date figures for the market show an improvement of 23.9% compared to 2009. However, although underlying market strength is on the up, the outlook still remains cautious, according to the SMMT in April.
Paul Everitt said: 'April was another good month for the UK motor industry with private buyers responding positively, despite the end of the scrappage scheme. There are still difficult months ahead, but the strong start to 2010 has led SMMT to increase its annual forecast to 1.924 million units.'For more of the latest industry news, click here.