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Peak petrol – has UK hit auto landmark unnoticed?

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Volkswagen

Following the SMMT’s June round of car registrations figures, analyst Deloitte wonders if there is cause to think a UK automotive landmark has passed. While much of the focus has been on the historic depths the country’s car sales have hit, the proportional demand for hybrid and electric vehicles has continued to rise at pace. Michael Woodward, UK automotive lead, Deloitte, said: “The automotive industry is taking positive steps towards recovery from the impact of COVID-19. Socially-distanced showrooms have been reopened in England for a full month, and factory production is ramping up again, in some cases faster than expected.

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  1. SMMT urges government to back new-tech diesel following market decline, uncertainty
  2. Decline in car sales continues in October
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  4. Fall in new car market a ‘wake up call’ to policy makers
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Cautious optimism on car sales from NFDA

Commenting on the SMMT car registration figures, Sue Robinson, director of the National Franchised Dealers Association (NFDA), which represents franchised car and commercial vehicle retailers in the UK, said: “Pent-up demand helped sales during the first weeks, but the market will need to be monitored closely to support the sector over the coming months”

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  1. Record sales of AFVs in February as overall market dips slightly
  2. Slight fall in August new car sales, but strong showing for electric cars
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  4. Decline in car sales continues in October
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UK new car market down a third as tentative restart reveals subdued demand

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SMMT

UK new car registrations fell -34.9 per cent in June, according to figures from the Society of Motor Manufacturers and Traders (SMMT) as the market began a tentative restart after more than two months of lockdown. The drop was an improvement on May’s -89.0 per cent wipe-out but, with 145,377 new car registrations, this still represented a significant decline of 78,044 compared with June 2019, as dealerships in Wales and Scotland remained closed for much of the month.

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  1. SMMT urges government to back new-tech diesel following market decline, uncertainty
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  4. Record sales of AFVs in February as overall market dips slightly
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Europe’s light vehicle market faces long recovery climb: GlobalData

Following ACEA’s latest assessment that new car sales in the European Union will fall by 25 per cent in 2020, GlobalData’s automotive analyst David Leggett, says: “In May, the European passenger car market (EU+EFTA+UK) suffered another sharp drop, with new registrations falling by 57.2 per cent on last year.

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  1. UK, European new car registrations rise in September
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‘Positive trading’ since car showroom reopening – NFDA

Responding to the 52.3 per cent fall in May European car registrations, the NFDA says UK showrooms are reporting “positive trading” in the two weeks since reopening. The latest figures from the European Automobile Manufacturers’ Association (ACEA) show that the decline has become less severe. In April, sales had declined by 76.3 per cent.

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Commuters may help car market recovery

Stephen Goodchild

Although UK monthly new car registrations in April were lower than since the days of postwar petrol rationing, there is at least some optimism that the automotive industry will benefit from one aspect of the COVID-19 crisis. With social distancing and fear of contagion part of the ‘new normal’, mistrustful commuters may shun public transport in favour of private cars.

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  1. UK new car registrations hit record low in April
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UK new car registrations hit record low in April

Stephen Goodchild

Figures published today by the Society of Motor Manufacturers and Traders (SMMT) show that UK new car registrations plummeted 97.3 per cent year-on-year in April. This marks a record low for the new car market as the coronavirus pandemic forced the nation into lockdown for the entire month, with showrooms closed and car buyers housebound.

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  1. Commuters may help car market recovery
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Car registrations down 2.9% in February

February is traditionally one of the quietest months of the year for new car registrations in the UK, coming as it does ahead of the March number plate change. It was even quieter this year – data published by the Society of Motor Manufacturers and Traders (SMMT) show that last month’s sales were 2.9 per cent below those recorded in February 2019, with just 79,594 new cars registered in the UK during the month.

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UK, European car registrations decline in January

As far as the European Automobile Manufacturers Association (ACEA) is concerned, we can count Brexit as occurring from the start of this year – the association has already removed the UK from its passenger car registration figures for January 2020. Registrations for the slimmed-down EU27 region fell 7.5 per cent year-on-year, to 956,779 units. Registrations fell by a similar level on our side of the channel, with figures from the Society of Motor Manufacturers and Traders (SMMT) showing a 7.3 per cent decline in January, to 149,279 units.

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Slight fall in August new car sales, but strong showing for electric cars

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SMMT figures show that the UK new car market remained steady in August, with just 1,521 fewer cars registered than in the same month last year. Registrations fell by -1.6 per cent in what is typically one of the smallest months of the year, as falling demand for diesel and plug-in hybrid vehicles continued to impact the overall market.

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  1. Record sales of AFVs in February as overall market dips slightly
  2. 10-year high for April car registrations
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Deloitte: Electric vehicles will be cheaper than petrol/diesel by 2021

Commenting on yesterday’s new car registration figures – which showed registrations of battery electric vehicles (BEVs) increasing 158 per cent year-on-year in July despite the wider downward trend – Deloitte opines that a ‘tipping point’ between combustion and electric vehicles will occur in the UK by 2021.

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New car market declines in July but pure EV registrations almost triple

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The UK new car market declined again in July, with 157,198 vehicles leaving showrooms, according to figures released by the Society of Motor Manufacturers and Traders (SMMT). Registrations fell by -4.1 per cent, the fifth consecutive month of decline, as political and economic uncertainty and confusion over future government policy on different fuel types continued to knock consumer and business confidence.

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UK new car market falls again in May

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The UK new car market declined by -4.6 per cent in May with 183,724 units registered, according to figures released by the Society of Motor Manufacturers and Traders (SMMT). The fall reflects continued uncertainty over diesel and clean air zones as well as the removal of incentives for plug-in hybrid vehicles. Meanwhile, the underlying economic and political instability continues to affect consumer and business confidence.

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New car demand falls in April as plug-in hybrids take a hit

The UK new car market declined by -4.1 per cent in April, according to figures released by the Society of Motor Manufacturers and Traders (SMMT). The month saw 161,064 units registered, the second lowest April volume since 2012 but following a double-digit increase the previous year.

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UK motor parc – more vehicles, less CO2

As drivers take advantage of the latest low emission vehicle technology – whether petrol, diesel or alternatively fuelled vehicles (AFV) – average CO2 emissions for the UK motor parc have fallen to the lowest on record. According to figures released by the Society of Motor Manufacturers and Traders (SMMT), emissions are down -17.8 per cent compared with the 175.1g/km average CO2 emissions from the UK car fleet in 2008.

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