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 [...]
The latest full year figures from the Society Of Motor Manufacturers and Traders (SMMT) show that the 2022 UK new car market fell -2.0% compared to the 2021 pandemic-effected year. Once again semiconductors and supply chain issues were the main reasons for this fall in the UK new car registrations with many manufacturers [...]
New figures from the Society of Motor Manufacturers and Traders (SMMT) show that for the first time since February this year the new car market rose by 1.2% in August. August is typically a quieter month because many buyers would choose to wait for the September new number plate change.A total of 68,858 new cars [...]
June 2022 new car registrations fell by -24.3% according to new figures from the Society of Motor Manufacturers and Traders (SMMT). This represents the weakest new car registrations performance for June since 1996!! Better news is that Battery Electric Vehicles (BEVs) growth continues with an 14.6% increase. The semiconductor shortage is stifling the new car market even [...]
