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New car market up as plate change September marks 1 million EV milestone

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SMMT

The UK new car market recorded its second successive month of growth in September (the second ‘plate change’ month of the year), with registrations rising 4.6 per cent, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT). During what is typically the second biggest month of the year for the sector, 225,269 cars joined Britain’s roads. While this was a 9,957 unit increase on last year, when the industry recorded its weakest September since 1998, overall registrations for the month are still some -34.4 per cent below pre-pandemic levels as the industry continues to battle issues constraining supply to fulfil a backlog of orders.

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Related news:

  1. 36th month of growth in car sales
  2. August car sales up 23 per cent – electric cars account for one in twelve sales
  3. Fleet sales mean March new car sales up 11.5 per cent YOY
  4. Car registrations ‘incredibly encouraging’ comments Carwow
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Challenges rising in Europe’s car market, says GlobalData

Data and analytics company GlobalData has released data showing that Western Europe’s car market was up 3.7 per cent year-on-year in August and the annual selling rate was also up versus July.

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  1. Europe’s light vehicle market faces long recovery climb: GlobalData
  2. BYD, Toyota tie-up on BEVs for China mutually beneficial – GlobalData
  3. Auto industry faces sharper downturn than 2007/8 financial crisis – GlobalData
  4. ASEAN vehicle sales fell 28 per cent in 2020, says GlobalData 
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June car registrations down a quarter

UK new car registrations fell 24.3 per cent year-on-year in June. According to figures released by the Society of Motor Manufacturers and Traders (SMMT), 140,958 new vehicles were registered during the month, the weakest June performance since 1996.

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Related news:

  1. EVs a strongpoint in Covid-stalled UK car market
  2. Most successful year for electric cars, but 2021 UK registrations just 1% higher than 2020
  3. January car production hits 13-year low
  4. New car registrations hit 24-year low in March
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Supply shortages mean May car registrations down by 20 per cent

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New UK car registrations fell -20.6 per cent to 124,394 units in the second weakest May since 1992, after the 2020 pandemic-hit market, as supply shortages continued to hamper new purchases and the fulfilment of existing orders, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). The decline, compared with the first full month of reopened showrooms in May last year, demonstrates the impact of continued global supply chain disruptions, with the market -32.3 per cent below the 2019 pre-pandemic level despite strong order books.

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Related news:

  1. Fleet sales mean March new car sales up 11.5 per cent YOY
  2. Record sales of AFVs in February as overall market dips slightly
  3. Slight fall in August new car sales, but strong showing for electric cars
  4. Decline in car sales continues in October
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New car registrations hit 24-year low in March

UK new car registrations fell by 14.3 per cent to 243,479 units in March. Despite manufacturers reporting robust order books during the first quarter, the Society of Motor Manufacturers and Traders (SMMT) shares that ongoing supply chain shortages – especially of semiconductors – continued to squeeze supply during what is normally a busy ‘new plate’ month.

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Related news:

  1. EVs a strongpoint in Covid-stalled UK car market
  2. January car production hits 13-year low
  3. SMMT: New car market recovery squeezed by supply issues
  4. UK September car production hits four-decade low
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UK car registrations up 15% in February

According to figures from the Society of Motor Manufacturers and Traders (SMMT), UK new car registrations rose by 15.0 per cent in February as 58,994 new cars joined Britain’s roads. This rise of 7,682 units was in comparison with the same month in 2021, when the pandemic shut car showrooms across the UK – registrations are down 25.9 per cent on pre-pandemic levels, as vehicle supply remains constrained by semiconductor shortages.

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Related news:

  1. Yet another month of growth for the UK new car market
  2. UK car registrations down, but decline slows
  3. September car registrations down 20.5 per cent
  4. Fleet sales mean March new car sales up 11.5 per cent YOY
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January car production hits 13-year low

UK car production fell 20.1 per cent in January, to 68,790 units. The Society of Motor Manufacturers and Traders (SMMT) says this is the weakest January total since 2009. Output was down 17,262 units against the same month last year, which itself was one of the worst Januarys on record when volumes were impacted by friction in the new post-Brexit trading arrangements, extended shutdowns and the pandemic.

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Related news:

  1. EVs a strongpoint in Covid-stalled UK car market
  2. August car sales up 23 per cent – electric cars account for one in twelve sales
  3. SMMT: New car market recovery squeezed by supply issues
  4. UK September car production hits four-decade low
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Positive start’ to 2022 new car sales, but overall market levels still low

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The UK automotive sector recorded a positive start to 2022 as 115,087 new cars were registered, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). Registrations were up by more than a quarter (27.5 per cent) on January 2021, when lockdown restrictions kept car showrooms shut.

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Related news:

  1. Record sales of AFVs in February as overall market dips slightly
  2. Slight fall in August new car sales, but strong showing for electric cars
  3. 35.5% decline means lowest February car registrations for 62 years
  4. Fleet sales mean March new car sales up 11.5 per cent YOY
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Dealers optimistic about demand despite current new car issues – NFDA

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NFDA

The National Franchised Dealers Association argues that there is cause for optimism in the new car sector based on strong consumer demand, despite a disappointing 1 per cent increase in new car registrations in 2021. Chief executive Sue Robinson said: “A poll conducted by NFDA revealed that 78.6 per cent of franchised vehicle dealers are optimistic about the level of demand in the year ahead as consumer confidence improves while we move through the pandemic and the electrification of the UK car parc continues apace.

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Related news:

  1. Fleet sales mean March new car sales up 11.5 per cent YOY
  2. Record sales of AFVs in February as overall market dips slightly
  3. August car sales up 23 per cent – electric cars account for one in twelve sales
  4. Cautious optimism on car sales from NFDA
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‘Year EVs became mainstream’ but infrastructure, pricing concern buyers – Deloitte

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Responding to the Society of Motor Manufacturers and Traders’ 2021 new car registration data, analyst Deloitte has proclaimed 2021 “the year electric vehicles became mainstream”. It added that range issues are receding as a headwind thanks to technological progress. It identifies the speed of charge point infrastructure and the price of entry post-subsidies as the major headwinds for the sector in 2022.

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Related news:

  1. Dealers optimistic about demand despite current new car issues – NFDA
  2. Peak petrol – has UK hit auto landmark unnoticed?
  3. ‘Great relief’ but recovery ‘might be slower’ than expected – analysts on car sales
  4. UK sets new record for EV registrations
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Most successful year for electric cars, but 2021 UK registrations just 1% higher than 2020

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2021 UK car sales were stalled by Covid and its impact on the supply chain, the Society of Motor Manufacturers and Traders explains. 1.65 million new cars were registered in an increase of just 1.0 per cent on pandemic-ravaged 2020, making it the second-worst year since 1992. Sales were -28.7 per cent below pre-Covid levels thanks to headwinds, which included the semiconductor shortage. However, figures did show that the transition to electric cars is proceeding quickly. More than one in six registrations were plug-in, while battery electric cars alone rose to one in nine. Overall, the SMMT notes that this means more BEVs (Battery Electric Vehicles) were registered than in 2016-2020 combined. The society added that the UK auto industry is calling for the government to extend incentives and mandate chargepoint targets. It argues that the UK needs to accelerate consumer uptake of EVs, maintaining the country’s attractiveness against competitor markets.

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Related news:

  1. SMMT urges government to back new-tech diesel following market decline, uncertainty
  2. Fleet sales mean March new car sales up 11.5 per cent YOY
  3. Slight fall in August new car sales, but strong showing for electric cars
  4. Car registrations ‘incredibly encouraging’ comments Carwow
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EVs a strongpoint in Covid-stalled UK car market

Last year, new car registrations grew by a marginal 1.0 per cent on a pandemic-ravaged 2020, as 1.65 million new cars entered the UK market. Figures released by the Society of Motor Manufacturers and Traders (SMMT) underline the ongoing impact of Covid and the semiconductor shortage on the industry, with the market down 28.7 per cent on pre-pandemic 2019, representing the second worst year since 1992.

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Related news:

  1. UK new car registrations hit record low in April
  2. ‘Great relief’ but recovery ‘might be slower’ than expected – analysts on car sales
  3. SMMT: New car market recovery squeezed by supply issues
  4. Car registrations up 1.7%, battery EV uptake doubles
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Car registrations up 1.7%, battery EV uptake doubles

New car registrations grew 1.7 per cent year-on-year in November, bringing an end to four months of consecutive decline, with the Society of Motor Manufacturers and Traders (SMMT) reporting 115,706 units registered. However, this must be viewed in the context of a weak 2020, when lockdowns impacted registrations, including November. Compared to the pre-pandemic average, the market remains down significantly, with 31.3 per cent fewer vehicles registered during the month.

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Related news:

  1. SMMT urges government to back new-tech diesel following market decline, uncertainty
  2. August car sales up 23 per cent – electric cars account for one in twelve sales
  3. ‘Great relief’ but recovery ‘might be slower’ than expected – analysts on car sales
  4. Car registrations ‘incredibly encouraging’ comments Carwow
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EV demand continues surge, but supply issues undermining new car market

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Demand for electric cars has continued to surge even during a quiet August ahead of the registration plate change. The Society of Motor Manufacturers and Traders (SMMT) figures show that even as new car registrations fell by -22.0 per cent, demand for battery electric (BEV), hybrid (HEV) and plug-in hybrid (PHEV) vehicles rose 32.2, 45.7 and 72.1 per cent respectively. Overall, the UK new car market is up 20.3 per cent versus Covid-hit 2020, though the pandemic remains a blight on the market due in part to chip shortages.

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Related news:

  1. August car sales up 23 per cent – electric cars account for one in twelve sales
  2. Cautious recovery in new car registrations during May
  3. Car registrations ‘incredibly encouraging’ comments Carwow
  4. ‘Great relief’ but recovery ‘might be slower’ than expected – analysts on car sales
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July car sales fall – SMMT revises outlook

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July’s new car registrations fell by -29.5 per cent to 123,296 units, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). The decline was artificially heightened by comparison with the same month last year, when registrations rose dramatically as showrooms enjoyed a full month’s operation following the first 2020 lockdown.

Read more

Related news:

  1. Fleet sales mean March new car sales up 11.5 per cent YOY
  2. 36th month of growth in car sales
  3. Car registrations ‘incredibly encouraging’ comments Carwow
  4. ‘Great relief’ but recovery ‘might be slower’ than expected – analysts on car sales
/by

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