UK electric vehicle market enjoys best ever year in 2020
Petrol and diesel cars must be removed from sale by 2030 in the UK
Electric vehicle market goes from strength to strength even despite Covid-19 pandemic, with UK sales making up more than one in ten new car registrations in 2020
Electric vehicles delivered record sales figures in the UK last year, as battery and plug-in hybrid cars and vans seized more than 10 per cent of total market share amid plunging petrol and diesel sales,.
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Date: 06 January 2021 Â Â |Â Â Author: Sean Keywood
UK new car registrations fell by 29.4% in 2020 as the market was hit hard by the Covid-19 pandemic and associated lockdown measures.
Figures from the Society of Motor Manufacturers and Traders show that just 1,631,064 cars were registered during the year. This was the lowest total seen since 1992, and a drop of 680,076 units on the figure from 2019.
It was if anything an even worse year for fleet car registrations, which fell by 31.1%, compared with a 26.6% fall for private registrations.
Business sales, classed as to fleets with fewer than 25 vehicles, were down by 43.3%, taking only 2.1% of the market.
Click the thumbs up >The UK’s franchised car retailers have been praised for their ability to adapt and meet the challenges of the COVID-19 pandemic after the SMMT reported a 29.4% decline in new car registrations during 2020.
Reacting to the Society of Motor Manufacturers and Traders’ (SMMT) latest registrations data this morning (January 6), National Franchised Dealers Association (NFDA) chief executive, Sue Robinson, said that the sector’s efforts had mitigated the impact of the pandemic, adding that it was “well placed for growth” despite this week’s return to lockdown.
SMMT data showed that the UK new car market saw a 10.9% decline in registrations during December, with 132,682 units registered, as the market ended 2020 having completed the registration of 1.63 million units – the lowest total since 1992.
New-car registrations hit a 30-year low in 2020, but two manufacturers managed to buck the trend
6 Jan 2021
New-car registrations may have been hit by the coronavirus pandemic - to the tune of a 29.4 per cent slump, with 680,076 fewer vehicles finding homes last year compared to 2019 - but two manufacturers managed to increase their sales in 2020.
MG saw 18,415 new cars registered in the UK last year, up from 13,075 in 2019 - a 40.84 per cent increase, according to figures released by the Society of Motor Manufacturers and Traders (SMMT).
Tesla registrations are harder to pin down, as the company does not list national sales breakdowns, but a total of 26,086 ‘other imports’ are listed in SMMT’s registration data for last year, up from 14,635 in 2019 - a 78.24 per cent rise.
UK New Car Registrations Down by 30 Percent in 2020
The UK new car market fell by almost a third in 2020 as a result of CCP virus lockdowns, new climate rules, and Brexit uncertainty, an auto industry group has revealed.
Annual new car registrations dropped by 680,076 units, or 29.4 percent, to just 1,631,064 units, the lowest level of registrations since 1992, according to figures published by the Society of Motor Manufacturers and Traders (SMMT) on Wednesday.
UK automotive looks to green recovery strategy after -29.4% fall in new car registrations in 2020https://t.co/UtthgtqPZgpic.twitter.com/Os4eQSWlCo
In 2020, the industry suffered a total turnover loss of some £20.4 billion ($27.7 billion). Private vehicle demand fell by 26.6 percent, which led to a £1.9 billion ($2.6 billion) loss of VAT revenues to the UK Treasury.