New car market growth continues despite declining private demand

UK new car registrations grew for the 21st consecutive month in April, rising by a modest 1.0 per cent to reach 134,274 units, according to the latest data published by the Society of Motor Manufacturers and Traders (SMMT). As a result, this was the market’s best April since 2021, although uptake was still -16.6 per cent below the pre-pandemic level in what is traditionally a low volume month following the March plate change.