New figures out today from The Society of Motor Manufacturers and Traders (SMMT) show that May 2022 UK new car registrations fell by -20.6%.
A total of 124,394 new cars were registered but this figure represents the second weakest May in three decades after lockdown 2020.
Battery electric registrations rise by 17.7%.
In yet another challenging month for the new car market, the industry continues to battle ongoing global parts shortages, with growing battery electric vehicle uptake one of the few bright spots. To continue this momentum and drive a robust mass market for these vehicles, we need to ensure every buyer has the confidence to go electric. This requires an acceleration in the rollout of accessible charging infrastructure to match the increasing number of plug-in vehicles, as well as incentives for the purchase of new, cleaner and greener cars.
Delivering on Net Zero means renewing the vehicles on our roads at pace but, with rising inflation and a squeeze on household incomes, this will be increasingly difficult unless businesses and private buyers have the confidence and encouragement to do so.Said Mike Hawes, SMMT Chief Executive.
Figures from the Society of Motor Manufacturers and Traders (SMMT)
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