Wednesday, October 4, 2023

Car sales in the United Kingdom rose by 16.7% in May, driven by improving supply

Archive - Vauxhall Corsa

The market records its longest period of uninterrupted growth since 2015, but is still down 21% compared to 2019.

Registrations of passenger cars and SUVs in the United Kingdom reached a volume of 145,204 units in May, an increase of 16.7% compared to 124,394 copies sold in the same month of 2022, a growth in sales which is attributed to improvements in the supply chain. As per the data and estimation of The Society of Motor Manufacturers and Traders (SMMT).

Thus, sales of this type of vehicle in the United Kingdom have increased for 10 consecutive months, which is why its market has recorded the longest period of uninterrupted growth since 2015, although registrations are 21% below average. . May 2019 (183,724 units), pre-pandemic year.

Thus, accumulated up to the fifth month of the academic year, registrations of passenger cars and SUVs in the British market increased by 16.8% compared to the same period last year and stood at 772,454 units.

By motorisation type, 100% electric vehicles were registered in the United Kingdom last month at 24,513 units, up 58.7% on May 2022, while the cumulative figure stood at 121,268 units (+31.1% year-on-year) . ,

This type of passenger car had a market share of 15.7% in the United Kingdom for the cumulative year, which was 1.7 percentage points higher than the same period the previous year (14%).

Meanwhile, the number of passenger cars and hybrid SUVs registered in May increased to 17,792 units, up 22.2% compared to 14,561 such units sold in the fifth month of 2022. Cumulatively, this figure stood at 98,679 units (+28.8%). year-on-year) and its market share stood at 12.8% (compared to 11.6% in the same period in 2022).

On the other hand, registrations of plug-in hybrid vehicles grew 23% year-on-year to 9,025 units in May, while the cumulative figure stood at 49,385 copies (+13.4%) and a market share of 6.4. %, when a year ago the relative weight of this type of vehicle was 6.6%.

The number of registrations for diesel cars in the United Kingdom was 5,758 units in May, down 24.4% year-on-year, while the accumulated sales figure for this type of vehicle was 31,235 units (-17.9% year-on-year). -on-year) and its market share fell to 4% (compared to 5.8% in the same period in 2022).

Similarly, in the fifth month of 2023, 59,766 gasoline passenger cars were sold in the country, up 5.3% year-on-year, with 327,210 units sold (+13.2%) for the cumulative year and a market share of Rs. Contracted by 42.4% as compared to 43.7% in the same period last year.

“After the Covid supply difficulties of recent years, it is good to see that the new car market is continuing its upward trend and the fact that growth is increasingly ‘green’ growth” is encouraging. However, the rapid pace of changing the market on a national and a level means we must increase demand and help address any reluctant drivers’ concerns about electric vehicles,” SMMT Executive Director Mike Hauss Said.

“This will require all stakeholders – industry, government, charging point operators and energy companies – to play their part, to accelerate investment to drive decarbonisation,” he added.

Ford Puma, also leading in May
With respect to the most sought-after models in the United Kingdom in May, the Ford Puma led the market for another month with 4,184 units sold, ahead of the Nissan Qashqai (3,140 units) and the Vauxhall Mokka, which delivered 3,066 copies. closed the podium with

Vauxhall Corsa (3,028 units) at fourth place, followed by Audi A3 (3,018 units), Hyundai Tucson (2,712 units), Volvo XC40 (2,699 units), Nissan Juke (2,534 units), Tesla Model Y (2,509 units) and Toyota Yaris (2,484 units), which closed out the ‘Top 10’.

Meanwhile, the ‘most popular’ model in the United Kingdom in the first five months of the year was the Ford Puma (17,312 units), followed by the Vauxhall Corsa (17,062 units) and the Nissan Qashqai, which ranked third with 16,751 units. sold out..

World Nation News Desk
World Nation News Desk
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