Decline in motor registrations across the UK

JonathanMay 9, 2011

More people could be turning to car leasing after new figures showed a noticeable decline in new car registrations.

According to the latest data from the Society of Motor Manufacturers and Traders, there was a 7.47 per cent year-on-year decline in April.

Some parts of the UK are worse affected than others, with the Welsh motor market hardest hit and showing a decrease of 19.78 per cent.

Meanwhile, Northern Ireland was not far behind with a drop of 18.52 per cent year-on-year.

Scotland saw a fall of 9.67 per cent, while England had 6.29 per cent fewer car registrations than the same month in 2010.

In total, there were 136,746 new vehicles registered in April – down from 147,779 in 2010.

Part of this may be down to the fact that car leasing clients and other road users now have to pay huge fuel bills.

Figures from the AA show respective rises of 15p and 20p per litre of petrol and diesel between Easter 2010 and 2011.

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