PwC comment: fuel-efficient vehicles boost 2014 new car registrations

Published at 12:05 PM on 06 February 2014

UK car sales in 2014 are set for moderate growth, aided by the desire for green vehicles. Phil Harrold, automotive partner, PwC, commented:

 

"UK registrations have shown a continuation of the trends of 2013 with further solid growth (albeit at a lower percentage, but that merely reflects the strength of last year's growth.) Most notable is the 25% rise in alternatively fuelled vehicles, almost all of which are hybrid, which reflects both motorists' desire for more economical motoring alongside their desire to go green. However, this is from a low base and such vehicles account for just 1.8% of registrations.

 

"As the SMMT notes, a typical 2014 vehicle is now 27% more efficient than a 2008 vehicle. This not only pays back in reduced fuel costs, but also in vehicle taxes and duties."

 

Ends 

 

 

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Lucy Bishop


PwC | Media Relations Executive
Direct: +44 (0) 20 7212 3205 | +44 (0) 780 803 5503
Email: [email protected]

 


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About PwC

At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 157 countries with more than 208,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com.

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