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'PREMIUM PROGRESS'.


Byline: By MAXINE ASHFORD South Wales Echo The South Wales Echo is a daily newspaper distributed in south Wales. It was founded in 1884 and is based in Thomson House, Cardiff city centre. It is published daily, in a tabloid form, by Media Wales Ltd (formerly Western Mail & Echo Ltd), part of the Trinity Mirror group.  

Saab is claiming to be the fastest growing premium car marque in the UK, with a sales increase of 133 per cent in a market down by about five per cent overall.

In addition to last month's impressive growth, the company's sales are up by virtually a third for the year as a whole.

The executive arm of the giant General Motors corporation, which also includes Vauxhall in the UK, says the sales charge Sales Charge

A commission or fee paid by an investor at the time of purchasing mutual fund shares. The charge is paid to a mutual fund salesperson or financial advisor and is intended to provide compensation for the financial salesperson's efforts in assisting their client select
 is being led by the 9-3 range, including the acclaimed Convertible model.

This is the only soft-top to have achieved a five-star Euro NCAP NCAP New Car Assessment Program
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NCAP Network Capable Application Processor (from IEEE standard 1451.
 safety rating, with demand outstripping supply. It was the second best selling premium convertible in July, and sales of the larger 9-5 range are also running at record levels, with diesels especially in demand.

Saab's Jonathan Nash says: 'We are the fastest-growing manufacturer in the declining British premium new car market segment.'

However, while the figures are impressive, they show Saab still has a long way to go to catch its rivals.

The 31 per cent growth for the year takes Saab's UK sales for the first seven months to 11,358, according to the latest figures from the Society of Motor Manufacturers and Traders The Society of Motor Manufacturers and Traders (SMMT) is the trade association for the United Kingdom motor industry. See also
  • British motor industry
External links
  • The Society of Motor Manufacturers and Traders official website
.

This compares with a sales growth last month of almost nine per cent for Jaguar, with sales for the year of 20,500.

Audi increased its sales here last month by a further 15 per cent, to 46,000 for the year, while BMW's figures are 15 per cent and 55,000 new cars, all of which seems at odds with Saab's description of a 'declining premium new car market'.
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Title Annotation:Features
Publication:South Wales Echo (Cardiff, Wales)
Date:Aug 13, 2004
Words:280
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