“In the first half of 2022, new car sales have fallen as a result of global supply side constraints limiting the production of new vehicles.” said Sue Robinson, Chief Executive of the National Franchised Dealers Association (NFDA), which represents franchised car and commercial vehicle retailers in the UK commenting on the latest SMMT’s new passenger car registration figures.
In June, a total of 140,948 new cars were registered, a decrease of -24.3% % from the same period last year. Sales to private buyers reduced by -21.7%; fleet registrations were down by -27.6%.
Battery electric vehicles (BEVs) experienced moderate growth, up 22,737 units from 19,842 units. Plug-in hybrid (PHEVs) registrations declined by -36.5% to 7,714 units, whilst hybrids (HEVs) grew by 7.3% to 14,978 units. There are now 115,249 newly registered BEVs on the road in 2022 compared to the 73,893 at the same point last year, a 56.0% increase.
With sales of electric growing, diesel fell from 15,027 units to 8,003 (46.7%), and petrol has also fallen from 86,411 units to 62,005 (28.2%).
Sue Robinson added: “The new car market has declined in 2022, driven primarily by the ongoing semiconductor and global supply side issues. However, It is positive to see the increasing market share of electric vehicles. The UK market will continue to see this trend as new models come to market ahead of the 2030 decarbonisation deadline. Franchised Dealers across the UK are enabling customers to purchase EV’s with confidence through expert advice and Electric Vehicle Approved (EVA) accreditation.
*Article Source www.rmif.co.uk
