Cars

04 September 2020 #Cars #Registrations #SMMT News

New car registrations decline -5.8% during traditionally quiet pre-plate change month. Private car demand remains

05 August 2020 #Cars #Registrations #SMMT News

Pent-up demand sees UK new car registrations rally in July with 11.3% increase to 174,887 vehicles, as dealerships across the nation fully re-open.
Overall registrations currently down -41.9% YTD and expected to be -30.0% down by end of 2020, totalling £20bn in lost sales.
Manufacturer offers help encourage demand but economic uncertainty could put the brakes on recovery.

06 July 2020 #Cars #Registrations #SMMT News

Tentative restart for UK’s new car market in June yields 145,377 registrations, a -34.9% decline reflecting uncertain economic confidence and delayed re-opening of Welsh and Scottish showrooms.
Almost quarter of a million sales to private buyers now lost since lockdown, at a cost of £1.1bn to the Treasury in VAT receipts.
Year to date registrations down -48.5%, with just 653,502 new cars joining British roads in first six months – the lowest level since 1971.

new car registrations
04 June 2020 #Cars #Registrations #SMMT News

UK new car market falls -89.0% in May as shutdown goes on, with just over 20,000 vehicles delivered.
‘Click and collect’ services help but market still 163,477 units behind same month last year.
Market down more than -51% in first five months, as showrooms get green light to re-open.

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