Our Scrappage, Recycling and Car Blog
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Small cars now accounting for more than 40% of UK passenger car market
Thursday, 28 February 2013
A new report from market research company, Euromonitor International has found that between 1999 and 2009 the number of small cars in the UK passenger vehicle market increased from less than 30 per cent to more than 40 per cent.
The increasing demand for smaller vehicles is said to have been borne about by changing lifestyles within the UK.
Automotive industry analyst, Neil King, said: “Even without the stimulus of a scrappage incentive scheme, consumers continue to switch from lower medium cars to offering in the supermini and even mini segments.
“Combined, they increased their share of the market again in 2012 – back up to 40 per cent. As vehicles have grown in size, right-sizing is a more appropriate term than down-sizing.”
A growth in the number of one and two-person households, as well as the increase in the number of women leading an independent lifestyle, are all suggested factors behind the evolving trends of the UK car market.
“There are plenty of opportunities for car manufacturers to capitalise on this growing automotive market trend. Small but distinctive cars such as the Citroen DS3, Nissan Juke and the Mini are just one of the successful small models in mature markets such as the UK,” added King.
Car scrapping is not just an incentive to get your hands on a more economical vehicle that saves you money; it is also a very responsible act of safeguarding the wider environment that we live in today by removing and storing potential toxins and making use of car parts that can be cleaned, tested and re-used in other vehicles.
At ASM Auto Recycling we seek to provide a first-class vehicle dismantling and recycling process using our modern 11-bay workshop that is fully equipped to enable the safe and efficient recycling of damage-repairable and end-of-life vehicles in accordance with the European ELV Directive.
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