The UK market doesn’t seem to be in its best shape.
The Press release from the SMMT starts wit less than encouraging list of figures.
· New car registrations fell less than expected in February, dropping just 7.7% to 63,424 units.
· February outturn was above expectations and only just below the scrappage-boosted 2010 market.
· Registrations over the first two months of 2011 were down 10.2% to 192,235 units.
· First six months of 2011 are expected to be down by 8.3% before picking up in the latter half of the year.
· February typically accounts for just 3% of annual sales, ahead of the March plate change.
Said that Saab has sold 160 cars in February in the UK up from 84 cars last year.
Saab had in February a market share of .25% leaving behind Porsche (.17%), Subaru (.13%) and Lexus (.12%), but still behind Jaguar (.37%) or Alfa Romeo (.45%)
The YTD value is 612 cars (0.32% share) up from 212 (0.1 % share) in 2010.
The UK have two peak registration months, the first of it is march. In 2010 Saab sold about 1500 cars in March, in 2009 the value was about 2400, Saab should reach the 2009 level.
Those are the sales numbers in the UK during the last 3 Years, where maybe only 2008 can be seen as a normal year.