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March new car market continues recovery with eighth month of growth

UK new car registrations in March bounced back by 18.2 per cent to deliver the best ‘new plate month’ performance since before the pandemic, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). The increase saw 287,825 units delivered, the eighth consecutive month of growth for the new car market, as supply chain challenges slowly continue to ease. As a result, the first quarter of 2023 is the strongest since 2019, with just under half a million new cars joining the road.

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Related news:

  1. UK new car market down a third as tentative restart reveals subdued demand
  2. Fleet sales mean March new car sales up 11.5 per cent YOY
  3. EVs energise new car market but chargepoint rollout must accelerate, says SMMT
  4. January rise in UK new car sales marks 6th consecutive month of growth
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Best February in quarter of a century for UK van market

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The UK new light commercial vehicle (LCV) market grew for the second consecutive month in February, rising by 8.5 per cent to 17,540 units, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). While February is traditionally a volatile month due to small volumes as many operators delay procurements until March and the new number plate, the increase marks the best February performance since 1998, the year before the bi-annual plate change was introduced.

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Related news:

  1. February LCV market fall was “not unexpected” says SMMT
  2. October LCV sales down 7.4%
  3. June LCV sales down nearly six per cent
  4. September van registrations improve, but YTD market -20% on 2021
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February UK new car market marks seventh straight month of growth

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UK new car registrations grew by 26.2 per cent in February as 74,441 new cars joined Britain’s roads, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). While February is typically low volume ahead of the March plate change, this year it marked the seventh month of consecutive growth as easing supply chain shortages steered the market closer to pre-pandemic levels, down just -6.5 per cent on the same month in 2020.

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Related news:

  1. Best January for new car sales for eight years
  2. Fleet sales mean March new car sales up 11.5 per cent YOY
  3. January rise in UK new car sales marks 6th consecutive month of growth
  4. SMMT urges government to back new-tech diesel following market decline, uncertainty
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January LCV registrations show encouraging growth

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UK new light commercial vehicle (LCV) registrations grew to 22,098 units in January, a year-on-year increase of 25.8 per cent, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). The growth represents the first rise in new LCV registrations since the September plate change last year, and while full year growth is expected in 2023, January is traditionally a volatile month due to the intermittent nature of fleet renewal, with this year -6.2 per cent below pre-pandemic January 2020.

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Related news:

  1. March LCV sales up 85.5 per cent, but still below industry expectations
  2. January LCV sales fall, but EV sales on the rise
  3. June LCV sales down nearly six per cent
  4. January UK van registrations rise two per cent
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January rise in UK new car sales marks 6th consecutive month of growth

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The UK new car market grew 14.7 per cent in January to reach 131,994 units, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT), setting the tone for an anticipated countercyclical year of growth. This was the best start to the year since January 2020’s pre-Covid 149,279 units and is the sixth successive month of expansion.

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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. Fleet sales mean March new car sales up 11.5 per cent YOY
  4. New car market up as plate change September marks 1 million EV milestone
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UK car production drops to three-quarter million mark

As is being reported around the world with varying levels of schadenfreude, last year UK car production reached its lowest level since 1956. A total of 775,014 cars were produced in the UK in 2022, 40.5 per cent below 2019 figures and way under half the record production of 1,971,311 achieved half a century ago. The SMMT strives to highlight the positive news within this result, and stresses that production of electric vehicles reached a new record during 2022.

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Related news:

  1. British car exports to China nudge 140k last year
  2. August car sales up 23 per cent – electric cars account for one in twelve sales
  3. SMMT calls for new zero-emission measures
  4. SMMT: More new plug-in vehicles in 2021 than during whole of last decade
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Shades of grey remain in demand – SMMT

Grey is officially the nation’s favourite new car ‘colour’ for the fifth year in a row, with the Society of Motor Manufacturers and Traders (SMMT) reporting that 25.7 per cent of UK buyers chose the shade in 2022. Some 415,199 grey cars were registered last year, up 1.7 per cent, while black and white took second and third place overall, completing a monochrome podium.

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  1. Grey is Britain’s favourite car colour – again
  2. Halved in 5 years: Q2 bus & coach registrations
  3. HGV market down 8.4% in Q3 2021
  4. Bus & coach registrations shrink almost a fifth in Q3 2021
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SMMT: Continued decline in UK used car market

The UK’s used car market fell for the second consecutive quarter this year, with the SMMT reporting a 12.2% decline over the three months of July to September. Some 1,785,447 vehicles changed hands, the first time that quarter three transactions have dipped below two million since 2015, as semiconductor shortages impacted supply of stock. Year to date sales are now down 9.7% to 5,319,482.

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Related news:

  1. Yet another month of growth for the UK new car market
  2. New models drive rebound in British car manufacturing
  3. EVs a strongpoint in Covid-stalled UK car market
  4. Most successful year for electric cars, but 2021 UK registrations just 1% higher than 2020
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UK van market falls by nearly a fifth in October

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SMMT

The UK’s new light commercial vehicle (LCV) market fell by -18.4 per cent in October, with 22,386 of the latest vans joining Britain’s roads. Despite robust demand, registrations were at the lowest level for October since 2012, and some -16.5 per cent below the pre-pandemic five-year average, as supply shortages continue to restrict global production and availability.

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Related news:

  1. June LCV sales down nearly six per cent
  2. October LCV sales down 7.4%
  3. First LCV market growth since January
  4. January LCV sales fall, but EV sales on the rise
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EVs energise new car market but chargepoint rollout must accelerate, says SMMT

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SMMT

The UK new car market recorded a third month of growth in October, with registrations rising by more than a quarter (26.4 per cent) to 134,344 units, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). Fulfilment of strong order books helped deliver the bounce-back, although the increase follows a particularly disappointing October 2021 when deliveries fell by -24.6 per cent. In the year to date, the market is down -5.6 per cent on the same period in 2021, but still a third below pre-Covid levels.

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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. UK now biggest EU market for Korean car brands – SMMT
  4. UK new car market down a third as tentative restart reveals subdued demand
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September van registrations improve, but YTD market -20% on 2021

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SMMT

The light commercial vehicle (LCV) market grew by 10.8 per cent to 34,950 units in September – a popular month due to the plate change. Despite strong order books throughout 2022, September is the first month of growth in registrations this year, as supply disruptions have restricted model availability. The SMMT warned that this performance is artificially inflated versus 2021; this September remains -35.5 per cent below the five-year pre-pandemic average.

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Related news:

  1. February LCV market fall was “not unexpected” says SMMT
  2. UK new van market shrinks -86.2 per cent in April
  3. New van market growth stemmed only by supply issues – SMMT
  4. UK LCV market finishes year down -20.0 per cent
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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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UK car production rises for 3rd consecutive month

Car production in the UK rose for the third consecutive month in July, with figures published by the Society of Motor Manufacturers and Traders (SMMT) showing 8.6 per cent year-on-year growth to 58,043 units. But before the local industry pats itself on the back, the SMMT cautions that this performance must be set in context as it compares with July 2021, which thanks to the semiconductor shortage was the worst July since 1956.

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Related news:

  1. UK September car production hits four-decade low
  2. Car production falls for 8th consecutive month
  3. First rise in 11 months for UK car production
  4. UK car production up 12% in March
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Sixth month of decline for UK van market

Figures released by the Society of Motor Manufacturers and Traders (SMMT) yesterday show that the UK new light commercial vehicle (LCV) market declined for the sixth consecutive month in June. New registrations fell by 23.0 per cent to 26,443 units. Amid ongoing global supply chain shortages, 144,384 new vans, pickups and 4x4s were registered during the first half of 2022, 24.6 per cent fewer than in the same period last year.

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Related news:

  1. November a record month for UK van sales
  2. UK new van registrations up 2.4 per cent in 2019 as market finishes year on a high
  3. New van market growth stemmed only by supply issues – SMMT
  4. SMMT: Best-ever November for LCV registrations
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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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