Automotive Industry Digest

Latest Fleet News For The Automotive Industry

The Editor's View

The Editor’s View

Availability constraints are still having an impact on new car sales with sales in May falling again. In May, a total of 124,394 new cars were registered, a decrease of -20.6% from the same period last year. Sales to private buyers grew by 11.4%; fleet registrations were down by -26%. Electric vehicles however are still experiencing moderate growth up 17.7% to 15,448 units. Plug-in hybrid (PHEVs) registrations declined by -25.5% to 7,339 units, whilst hybrids (HEVs) grew 12% to 14,561 units. There are now 15,448 registered EVs on the road in 2022 compared to the 13,120 at the same point last year, a 17.7% increase. With sales of electric growing, diesel fell from 15,474 units to 7,614 (-50.8%), and petrol has fallen from 75,787 units to 56,767 (-25.1%). Supply issues along with cost-of-living pressures are continuing to calm the new vehicle market.

Automotive Industry Digest

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