UK new car sales declined by -15.8% in April 2022. A total of 119,167 new cars were registered.
The continued parts shortage and economic headwinds have forced the SMMT to revise its 2022 market forecast from 1.89m to 1.72m units.
Battery electric vehicles continue their growth in 2022.
The worldwide semiconductor shortage continues to drag down the market, with global geopolitical issues threatening to undermine both supply and demand in the coming months. Manufacturers are doing everything they can to deliver the latest low and zero emission vehicles, and those considering purchase should look to place their orders now to benefit from incentives, low interest rates and reduced running costs. Accelerating the transformation of the new car market and the carbon savings demanded of road transport in such difficult times requires not just the resolution of supply issues, however, but a broader package of measures that encourages customer demand and addresses obstacles, the biggest of which remains charging anxiety.Said Mike Hawes, SMMT Chief Executive.
Figures from the Society of Motor Manufacturers and Traders (SMMT)
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