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AUTO NEWS – UK new automobile gross sales proceed to take a battering, though electrical automobile gross sales are up

UK new automobile gross sales proceed to take a battering, though electrical automobile gross sales are up


The brand new automobile gross sales decline has continued into October, with newest figures from the Society of Motor Producers and Merchants exhibiting a decline of 24.6 per cent to 106,265 items.

Electrical automobile gross sales proceed to buck the development, however not in enough portions to dent the general droop. There have been 16,155 battery-powered automobiles offered in October, representing a 15.2 per cent market share, whereas the plug-in hybrid market grew to eight,383 items or 7.9 per cent of month-to-month gross sales.

The SMMT now predicts that ‘electrified’ autos (a time period that encompasses each absolutely electrical and hybrid automobiles) will account for greater than 25 per cent of the 2021 market come yr finish, with predicted mixed gross sales volumes of round 287,000 autos.

The backdrop is way much less rosy for the trade although, with the SMMT figures portraying automotive gross sales ravaged by each Covid and the semiconductor scarcity. Gross sales in October this yr had been the weakest since 1991, and whereas the drop in non-public automobile gross sales was modest in comparison with final yr at simply -3.3 per cent, fleet gross sales in October dropped -40.4 per cent year-on-year.

Newest SMMT predictions recommend a ultimate yr gross sales quantity of 1.66 million automobiles in 2021, which is simply 1.9 per cent up on final yr however a whopping 650,000 gross sales wanting the pre-pandemic determine.

“A partial restoration, nevertheless, is forecast for 2022, with trade anticipating some 1.96 million new automobile registrations subsequent yr,” the SMMT mentioned. “This will likely be pushed by continued demand for plug-in autos, which is predicted to proceed at tempo with new BEVs anticipated to be extra standard than new standard and mild-hybrid diesels by the tip of 2022. Plug-in automobiles are additionally anticipated to account for greater than a fifth (21.5 per cent) of all new automobile registrations subsequent yr.”

Pondering of shopping for an electrical, petrol or hybrid automobile? Learn our purchasing information that can assist you alongside the way in which…

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AUTO NEWS – UK new automobile gross sales proceed to take a battering, though electrical automobile gross sales are up
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