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  • New passenger car registrations in the UK continued to increase in April
Ekonomické zprávy

New passenger car registrations in the UK continued to increase in April

The Society of Motor Manufacturers and Traders Limited (SMMT) said UK new car sales rose by 11.6% per annum, to 132,990 units in April, recording the ninth consecutive monthly increase. The performance marks the best April since 2021’s, but remains -17.4% down on 2019 volumes. In March, UK new car sales rose by 18.2% per annum.

The data showed that in April, car deliveries to private buyers fell by 5.5%, and to enterprises with a fleet of less than 25 cars increased by 13.3%. Meanwhile, the number of car registrations among large fleets increased by 33.1%.

Battery electric vehicles (BEVs) remained the second most popular fuel type, with deliveries up by more than 50% and 15.4% of the market. Plug-in hybrid vehicles (PHEVs) also posted strong growth (+33.3%), while hybrid electric vehicles (HEVs) recorded a 7.7% increase. As a result, electrified vehicles accounted for more than one in three registrations in April. Petrol-powered cars retained their best-selling status, comprising 58.1% of all registrations.

The SMMT also stated that from the beginning of 2023 (to April) UK new car sales increased by 16.9% - the best start to a year since the pandemic. Against the backdrop of such a significant increase, SMMT has improved its quarterly forecast (for the first time since 2021): 1.83 million new car registrations are expected in 2023, compared with 1.79 million expected in January. That puts expected market growth this year at 13.5%, which would be the best percentage gain since 1983.

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