UK new car registrations rose 11.5% to 143,643 units in January, another positive result to contrast with markets elsewhere in Europe.

The SMMT said that growth was boosted by 15.9% rise in private registrations during the month.

"The new car market has started the year confidently with registrations climbing 11.5% in January," said Mike Baunton, Interim Chief Executive, SMMT. "Lifted by a solid rise in private demand, the new car market posted its 11th successive month of growth with motorists attracted to forecourts by the latest models and competitive deals on offer. Building on a strong performance in 2012, SMMT has increased its market forecast - we anticipate a modest rise over the year, followed by further growth in 2014." 

January's growth was the third month of double digit growth in the past four months and the 11th successive monthly rise. 

The SMMT acknowledged that market growth is set against a challenging economic backdrop, suggesting market-specific factors are helping to drive demand, such as delayed purchases being tempted by deals and offers. 

The Ford Fiesta was the best selling model in January.

The SMMT revised upwards its full year forecast for 2013 and 2014, after the better than expected growth in 2012. The market is expected to rise by 0.6% to 2.057 million units in 2013 and by 2.6% to 2.11 million units in 2014.

John Leech, UK head of automotive at KPMG, also said that replacement demand is driving the market: “It [market growth] also reflects a return to the new car market by customers who had switched to used cars during the recession.  This may soon impact the UK’s used car market which has been booming and enjoying record high prices. 

“Dealers and fleet managers need to take care that there may be a downwards price realignment in the used car market in 2013.  I believe prices could potentially fall by as much as 5% over the next 12 months.”

Best sellers
January
1 Fiesta 7906
2 Focus 5794
3 Astra 5462
4 Corsa 5178
5 Qashqai 4280
6 Golf 3335
7 208 2959
8 Polo 2885
9 Juke 2522
10 C-Class 2356
REGISTRATIONS OF NEW CARS IN THE UNITED KINGDOM - BY MARQUE
JANUARY
MARQUE 2013 % Market share 2012 % Market share % Change
Abarth 83 0.06 49 0.04 69.39
Alfa Romeo 332 0.23 538 0.42 -38.29
Aston Martin 100 0.07 63 0.05 58.73
Audi 9848 6.86 8563 6.65 15.01
Bentley 80 0.06 107 0.08 -25.23
BMW 6279 4.37 6249 4.85 0.48
Chevrolet 698 0.49 2064 1.6 -66.18
Chrysler 143 0.1 98 0.08 45.92
Citroen 4759 3.31 4041 3.14 17.77
Dacia 294 0.2 0 0 0
Fiat 3351 2.33 2886 2.24 16.11
Ford 19640 13.67 20061 15.57 -2.1
Honda 3725 2.59 3263 2.53 14.16
Hyundai 4863 3.39 4066 3.16 19.6
Infiniti 16 0.01 33 0.03 -51.52
Jaguar 1207 0.84 915 0.71 31.91
Jeep 122 0.08 158 0.12 -22.78
Kia 4473 3.11 4282 3.32 4.46
Land Rover 4665 3.25 3492 2.71 33.59
Lexus 537 0.37 741 0.58 -27.53
Lotus 4 0 23 0.02 -82.61
Maserati 25 0.02 36 0.03 -30.56
Mazda 2144 1.49 1784 1.38 20.18
Mercedes-Benz 6750 4.7 6273 4.87 7.6
MG 31 0.02 107 0.08 -71.03
MINI 1660 1.16 1595 1.24 4.08
Mitsubishi 478 0.33 555 0.43 -13.87
Nissan 9477 6.6 6285 4.88 50.79
Perodua 23 0.02 35 0.03 -34.29
Peugeot 7714 5.37 7282 5.65 5.93
Porsche 444 0.31 409 0.32 8.56
Proton 2 0 23 0.02 -91.3
Renault 2370 1.65 2802 2.17 -15.42
Saab 1 0 4 0 -75
SEAT 2697 1.88 2430 1.89 10.99
Skoda 4036 2.81 3718 2.89 8.55
smart 303 0.21 385 0.3 -21.3
Ssangyong 28 0.02 43 0.03 -34.88
Subaru 105 0.07 224 0.17 -53.13
Suzuki 1695 1.18 1185 0.92 43.04
Toyota 6112 4.25 5756 4.47 6.18
Vauxhall 18253 12.71 12110 9.4 50.73
Volkswagen 11560 8.05 11589 8.99 -0.25
Volvo 2380 1.66 2373 1.84 0.29
Other British 73 0.05 64 0.05 14.06
Other Imports 63 0.04 94 0.07 -32.98
Total 143643   128853   11.48