Latest figures from The Society of Motor Manufacturers and Traders (SMMT) show that the UK new car market grew by 21% in September. A total of 272,610 new cars where registered last month.
Mike Hawes, SMMT Chief Executive commented,
A bumper September means the new car market remains strong despite economic challenges. However, with tougher EV targets for manufacturers coming into force next year, we need to accelerate the transition, encouraging all motorists to make the switch. This means adding carrots to the stick – creating private purchase incentives aligned with business benefits, equalising on-street charging VAT with off-street domestic rates and mandating chargepoint rollout in line with how electric vehicle sales are now to be dictated. The forthcoming Autumn Statement is the perfect opportunity to create the conditions that will deliver the zero emission mobility essential to our shared net zero ambition.
Figures from The Society of Motor Manufacturers and Traders (SMMT).
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