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Widest choice of new cars for a decade

publication date: Feb 7, 2008
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According to EurotaxGlass's, UK buyers can now choose from more than 7,000 different new car model derivatives - a 75pc increase over the 4,000 available at the beginning of the decade.

These numbers will be swelled further before the end of the year, with manufacturers expected to launch a further 72 new model ranges. Despite this unprecedented rise in choice, registrations of new cars are widely expected to fall during 2008.

The greatest influx of new models will occur in the volume-brand upper-medium sector, thanks to the arrival of the new Citroën C5, Honda Accord, Vauxhall Insignia and Volkswagen Passat CC - all following the recent launches of the Ford Mondeo, Renault Laguna, and Mazda6.

"This segment has experienced the biggest decline in new sales over the last 10 years, with market share falling from 19pc to under 10pc. This injection of new products should arrest that decline, for the time being at least," suggests Adrian Rushmore, Managing Editor at EurotaxGlass's.

There will be a marked rise in the number of new SUVs on offer. "The selection of model ranges in this sector has already grown massively, from 80 in 1998 to nearly 300 last year, and now accounts for almost 4pc of all new car registrations," reports Rushmore.

          

"As market demand for SUVs approaches saturation, new products like the Ford Kuga, Renault Koleos, Audi Q5 and Volvo XC60 will have to rely on conquest sales from direct competitors to make any significant progress."

An area of continued, albeit limited, growth during 2008 will be the MPV segment, in which the number of model derivatives has increased from 207 in 1998 to 910 in 2007. Taking compact MPV sales alone, the share has grown from just under 2pc to 8pc over this period.

"The main interest in the MPV sector will come from the Chrysler Grand Voyager, Dodge Journey, and the facelifted Mercedes B-Class,” notes Rushmore.

Summing up, Rushmore says, "The problem for customers is that they are overwhelmed by choice, making it increasingly difficult for them to make informed decisions. Manufacturers face problems too, as they must communicate to customers about a much wider range of new models - some of them occupying new niche segments unfamiliar to buyers - when their rivals are trying to do the same thing."



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