Full year 2023 new car sales data shows Volkswagen dominated the UK’s new car market in 2023, ending the year with 162,087 registrations and market share of 8.52%, almost a whole percentage point ahead of nearest rival Ford’s 7.57%.
The SMMT said sluggish private registrations and shrinking EV demand signal the challenge for 2024, despite 10.4% growth overall in March.
Sales of new electric cars held their own during the traditionally slow month of February
The forthcoming Spring Budget is a chance for Government to launch measures to boost the industry, focused largely on jump starting market demand for EVs.
UK car production got off to a fast start in January, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT).
Superminis led the UK’s overall used car market growth of 5.1% in 2023, according to the latest figures from the SMMT.
Fleet and business orders accounted for almost two in every three new car registrations in January, when the month's market ended at its highest level since 2020.
UK car manufacturing is positioned for a sustainable future - if buyers are offered sufficient incentives
Monochrome topped the new car colour chart for the sixth year in a row, according to the latest Society of Motor Manufacturers and Traders (SMMT) figures.
Women still face challenges when dealing with mechanics with millions finding a visit to a garage leaves them feeling uncomfortable, according to a new study.
The European Union and the UK have finalised a three year extension to trade rules, avoiding the imposition of a 10% tariff on new electric vehicles.
In a last-minute agreement, the UK and the EU have reached a deal that will delay the implementation of 'rules of origin' and the imposition of EV tariffs
The UK new car market enjoyed its best November for four years with registrations staging a near return to pre-pandemic levels
The UK's vehicle assembly plants are expected to produce about a million cars and vans this year, well above an earlier forecast, according to the Society of Motor Manufacturers and Traders (SMMT).
The lack of incentivisation for private motorists to choose electric vehicles has again been highlighted by the Society of Motor Manufacturers and Traders as it fears the uptake of zero emission vehicles is "plateauing".
Leading automotive companies in the United Kingdom have committed to ensuring that women constitute 30% of their workforce within the next six years
The UK's first EV battery strategy has been published which sets out a 2030 vision for the UK to have a globally competitive battery supply chain that supports economic prosperity and the transition to net zero carbon emissions.
Rapid growth in fleet segment new car sales is a sign of carmakers' return to their traditional habits of large volume incentives and increased supply to car rental companies.
Battery electric vehicles (BEV) represent 1.8% of the used market, up from 1.0% last year
An absence of consumer incentives could mean the EV market could be lacklustre next year with the SMMT revising down growth to a market share of 22.3%.
