Full year 2023 new car sales data shows Volkswagen dominated the UK’s new car market in 2023, ending the year with 162,087 registrations and market share of 8.52%, almost a whole percentage point ahead of nearest rival Ford’s 7.57%.
The European Union and the UK have finalised a three year extension to trade rules, avoiding the imposition of a 10% tariff on new electric vehicles.
In a last-minute agreement, the UK and the EU have reached a deal that will delay the implementation of 'rules of origin' and the imposition of EV tariffs
The UK new car market enjoyed its best November for four years with registrations staging a near return to pre-pandemic levels
The UK's vehicle assembly plants are expected to produce about a million cars and vans this year, well above an earlier forecast, according to the Society of Motor Manufacturers and Traders (SMMT).
The lack of incentivisation for private motorists to choose electric vehicles has again been highlighted by the Society of Motor Manufacturers and Traders as it fears the uptake of zero emission vehicles is "plateauing".
Leading automotive companies in the United Kingdom have committed to ensuring that women constitute 30% of their workforce within the next six years
The UK's first EV battery strategy has been published which sets out a 2030 vision for the UK to have a globally competitive battery supply chain that supports economic prosperity and the transition to net zero carbon emissions.
Rapid growth in fleet segment new car sales is a sign of carmakers' return to their traditional habits of large volume incentives and increased supply to car rental companies.
Battery electric vehicles (BEV) represent 1.8% of the used market, up from 1.0% last year
An absence of consumer incentives could mean the EV market could be lacklustre next year with the SMMT revising down growth to a market share of 22.3%.
Swift legislation could help deliver a £66 billion annual economic uplift offered by connected and automated mobility (CAM) technology.
UK manufacturers salute South Korea tariff deal
Consumer incentives must be put in place by the UK Government as a matter of urgency in the wake of its decision to delay the ban on the sale of new petrol and diesel cars from 2030 to 2035.
With one electric vehicle registered every 60 seconds, EVs now account for more than 16% of overall sales, making Britain Europe’s second largest zero emission car market by volume
Data for the August new car market shows that Tesla was the ninth most in-demand car brand, ahead of the likes of Mercedes-Benz, Peugeot, MG Motor and Volvo.
Two in every five (39.5%) cars made in the UK are now either high-tech hybrid electric (HEV), plug-in hybrid (PHEV) or battery electric vehicles (BEVs), according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT).
The UK's used car market continues to climb back towards its traditional level, according to data from the Society of Motor Manufacturers and Traders which reveals the first half of 2023 recorded 4.1% used car transactions growth year-on-year.
The number of new cars sold in July was up 28.3% versus July 2022, marking the 12th consecutive month of registrations growth since the market was hit by COVID disruption and supply issues.
UK car production is building momentum with an increase of 11.7% in the first half of the year to 450,168 units, according to the latest figures from the SMMT.
