Figures from the Society of Motor Manufacturers and Traders (SMMT) show that March new car registrations rose by 10.4%. These are the best March figures since 2019 and mark the 20th consecutive month of growth. The increase in new car registrations was primarily driven by fleet registrations, up 29.6%, while private car sales continue to struggle, down by -7.7%.
A total of 317,786 new ’24 plate cars were registered in March 2024, but this figure is still down by -30.6% compared to pre-pandemic figures.
Market growth continues, fuelled by fleets investing after two tough years of constrained supply. A sluggish private market and shrinking EV market share, however, show the challenge ahead. Manufacturers are providing compelling offers, but they can’t single-handedly fund the transition indefinitely. Government support for private consumers – not just business and fleets – would send a positive message and deliver a faster, fairer transition on time and on target.
Said Mike Hawes, SMMT Chief Executive.
APRIL 2024 NEW CAR REGISTRATIONS. Short new car news.
Latest figures from the Society of Motor Manufacturers and Traders (SMMT) show that the UK new car registrations grew by 1.0% in April. This has been the 21st consecutive month of growth but private [...]
MERCEDES-BENZ 300SL SELLS AT AUCTION. Used car auction watch.
The extremely low mileage 1989 Mercedes-Benz 300SL with only 2,729 miles on it at the Historics Auctioneers auction, held at the Farnborough International Exhibition Centre sold for £77,953.00. https://webloganycar.co.uk/low-mileage-mercedes-benz-300sl-used-car-auction-watch/ For more information on [...]
VAUXHALL LOTUS CARLTON SELLS AT AUCTION. Used car auction watch.
A quick update on the 1991 Vauxhall Lotus Carlton with 62000 miles on at the Historics Auctioneers auction, at the Farnborough International Exhibition Centre. It sold for £84,000. https://webloganycar.co.uk/vauxhall-lotus-carlton-at-uk-car-auction-used-car-auction-watch/ For more information on the [...]
LOW MILEAGE MERCEDES-BENZ 300SL. Used car auction watch.
Here is another extremely low mileage car that will be at the Historics Auctioneers auction, held at the Farnborough International Exhibition Centre on the 11th of May 2024. . This iconic 1989 Mercedes-Benz 300SL has had two [...]
MORE DRIVER FOCUSED BMW M4 CS. Short new car news.
BMW have released details on its new M4 CS. The 3.0 litre six-cylinder twin turbo engine power has been increased by 20 hp to 550 hp with 650 Nm of torque. 0 to 62 [...]
FERRARI TESTAROSSA AT THE HISTORICS AUTIONEERS AUCTION. Used car auction watch.
This 1993 Ferrari Testarossa, with only 14,780 miles, caught my eye. It is in Ferrari Rosso Corsa with cream leather interior. Back in 2018, when the mileage was only at 14,428 this Testarossa was [...]
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