Another tough month for the automotive sector saw registrations fall 34.4% compared with September 2021. Retailers report that consumer demand is strong and order books are healthy, but the chip...
Read moreWith the new car market having found a small sweet spot of pent-up demand, the SMMT has raised its forecast for the year to 1.86 million units by the end of the year, up 13.9% on the end of the year....
Read moreThe headline figure for March registrations might be one of overall growth, with the total up 11.5% over the same month in 2020, but the retail element within that total was down by 4.1%. And the...
Read moreLockdown has seen another poor month for registrations, depressing the market ahead of the crucial March plate-change. Retail registrations were down 37.3% in February compared with the same month...
Read moreRetail registrations rose a modest 0.4% in October, but retailers will surely have been hoping for more given that October 2019 was itself a weak month. The market wasn’t helped by the...
Read moreCommentators are bemoaning the weakest ever ‘new plate’ September following a 4.4% drop in new car registrations, but the true picture is rarely as simplistic as the headlines. It should be noted...
Read moreAs registrations of alternative fuelled vehicles (AFVs) surge, new research from Close Brothers Motor Finance finds that 32% of UK drivers are planning to buy an AFV as their next car purchase. A...
Read moreThe headline figures for registrations in August might on the surface look disappointing, with the month finishing 5.8% down compared with 2019. But the retail element of those registrations was down...
Read moreRetail registrations rose over 20% in July compared with the same month last year, bringing welcome relief to retailers after June’s tentative restart. Fleet registrations were also up, by a more...
Read moreA tentative restart for the UK’s new car market saw June yield 145,377 registrations, equating to a 34.9% decline compared with the same month last year. June may have represented the first full...
Read moreAn 89% fall in new car registrations in May is no surprise given that retailers’ doors were closed throughout the month, and they were only latterly allowed to begin sales using click and collect...
Read moreThe fall in new car registrations of some 97% in April is dramatic, but certainly unsurprising, and any comparative data for the month is largely meaningless. Of more concern is what the sector’s...
Read moreThe impact of the coronavirus lockdown on UK new car registrations has emerged from the latest data, highlighting that after a positive start to March, the final week saw an 82% drop in levels...
Read more