New car figures realised today show that January 2021 was the worst start to a year since 1970.
Figures by The Society of Motor Manufacturers and Traders (SMMT) show that the UK new car market fell by -39.5% compared to January 2020.
This amounts to 59,030 fewer new cars being registered last month.
“Following a £20.4 billion loss of revenue last year, the auto industry faces a difficult start to 2021. The necessary lockdown will challenge society, the economy and our industry’s ability to move quickly towards our ambitious environmental goals. Lifting the shutters will secure jobs, stimulate the essential demand that supports our manufacturing, and will enable us to forge ahead on the Road to Zero. Every day that showrooms can safely open will matter, especially with the critical month of March looming.”Said Mike Hawes, SMMT Chief Executive.
Some better news is that the battery and plug-in hybrid vehicle market continues to grow – accounting for 13.7% of the new car registrations.
New emissions figures for 2020 show that the average new car CO2 emission fell by -11.8% making last year’s new cars the cleanest in history.
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