Latest figures from the Society of Motor Manufacturers and Traders (SMMT) show that the November new car market fell by -1.9%, with a total of 153,610 new car registrations.
This marks the second consecutive monthly decline in four months.
Petrol registrations were down -17% and diesel down -10%, while battery electric registrations continued to rise for the fifteenth month in a row, up by 58.49% to 38,581 new cars.
Manufacturers are investing at unprecedented levels to bring new zero emission models to market and spending billions on compelling offers. Such incentives are unsustainable – industry cannot deliver the UK’s world-leading ambitions alone. It is right, therefore, that government urgently reviews the market regulation and the support necessary to drive it, given EV registrations need to rise by over a half next year. Ambitious regulation, a bold plan for incentives and accelerated infrastructure rollout are essential for success, else UK jobs, investment and decarbonisation will be at further risk.
Said Mike Hawes, SMMT Chief Executive.
Figures from the Society of Motor Manufacturers and Traders (SMMT).
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