JULY 2023 NEW CAR REGISTRATIONS ON THE RISE. Short new car news.

According to new figures from the Society of Motor Manufacturers and Traders (SMMT), the UK new car market grew by 28.3%. A total of 143,921 new vehicles were registered in July. Company registrations was where most of the growth came from up 61.9%.
Electrified vehicles accounted for 35.4% of the market.

The industry remains committed to meeting the UK’s zero emission deadlines and continues to make the investments to get us there. Choice and innovation in the market are growing, so it’s encouraging to see more people switching on to the benefits of driving electric. With inflation, rising costs of living and a zero emission vehicle mandate that will dictate the market coming next year, however, consumers must be given every possible incentive to buy. Government must pull every lever, therefore, to make buying, running and, especially, charging an EV affordable and practical for every driver in every part of the country.

Said Mike Hawes, SMMT Chief Executive.

Best selling car for July was the Ford Puma.