Blog tagged as SMMT

Shifting Trends

October 2024 presented a nuanced picture of the UK electric vehicle (EV) market. While new battery electric vehicle (BEV) registrations saw promising growth, the overall new car market faced significant challenges. Meanwhile, the used EV sector continued to thrive, offering an appealing alternative ...

July's Growth in the UK new car market
The SMMT figures for July 2024 have been released, showing the continued growth of EV's and Hybrids. New Car registration figures are showing a shift in how the UK market is being influenced by the route to market for these new cars.
2024 so far in the New Car Market

After the recent release of the SMMT figures for June, the UK new car registration market's trend for the first half of 2024 is quite evident. Despite reports pointing out a decline in retail sales, both monthly and year-to-date registrations show growth of 1.1% and 6.0% respectively compared to the...