New car registrations shrink in October but EV deliveries rise
- 5 November 2024
New car demand across all buyer types fell back in October but take-up of fully electric vehicles soared.
New car demand across all buyer types fell back in October but take-up of fully electric vehicles soared.
New car registrations in the UK rose 1.7% in May, as soaring fleet and business demand continued to offset a fallback in the private consumer market.
The UK new car market rose 10.4% in March, clocking up its 20th consecutive month of growth on the back of soaring demand.
The UK new car market has recorded its best year since the pandemic on the back of surging fleet investment but BEV market share declined.
New car registrations rose 9.5% year-on-year in November, driven entirely by soaring uptake from larger fleets.
October new car registrations have hit their highest level since 2018 on the back of strong demand from larger fleets, but subdued EV growth is hindering green goals.
The UK new car market grew 21.0% in September on the back of surging fleet demand, but the industry continues to call for private motorist support for EVs as uptake declines.