January 2023 new car market recorded its sixth consecutive month of growth with 131,944 new cars registered a rise of 14.7%.
This is the best start to a year since January 2020.
The MG HS starts the year as the best selling car this month with a total of 3,481 registrations.
The automotive industry is already delivering growth that bucks the national trend and is poised, with the right framework, to accelerate the decarbonisation of the UK economy. The industry and market are in transition, but fragile due to a challenging economic outlook, rising living costs and consumer anxiety over new technology. We look to a Budget that will reaffirm the commitment to net zero and provide measures that drive green growth for the sector and the nation.
Said Mike Hawes, SMMT Chief Executive.
Data from Society Of Motor Manufacturers and Traders (SMMT).
Disclosure. This post contains Amazon Associate affiliate links. If you purchase an item, via a link on the blog, I will receive a small percentage from the sale. Please do not let this put [...]
Ferrari has announced that the SF90XX Stradale has set a new record for a homologated road car around the Fiorano test track. Driven by Raffaele de Simone, Ferrari Head of Development Test Driving, the [...]
The UK used car market grew by 5.5% in the third quarter of this year. A total of 1,884.160 used cars changed hands according to figures from the Society of Motor Manufacturers and Traders [...]
*Advertisement feature* Personal car leasing has become an increasingly popular option for individuals in the UK who want a cost-effective and hassle-free way to drive a brand-new vehicle. With this method of acquiring a [...]
The new car market in October grew by 14.3%, with a total of 153,529 registrations, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). This is 7.2% above pre-pandemic [...]