UK new car registrations fell 7.3 percent from a year earlier to 148,279 units in January 2020, as confusion over diesel and clean air zones and ongoing weak confidence affected demand. There was a weaker demand for private (-13.9 percent) and fleet (-2.2 percent); while the business market rose 4.2 percent. Registrations of new diesel cars dropped for 34th month and by 36 percent, the most since 2000. Also, petrol cars registrations declined by 9.5 percent. Meantime, alternatively fueled cars continued to grow in popularity, boosted by hybrid electric cars (+20.6 percent); plug-in hybrid electric vehicle (+111.1 percent); and battery electric vehicle (+203.9 percent). Combined, alternatively fueled vehicle registrations reached 11.9 percent of the market in January, the most on record.
Car Registrations in the United Kingdom averaged 154325.30 from 1962 until 2020, reaching an all time high of 562337 in March of 2017 and a record low of 33051 in July of 1992. This page provides the latest reported value for - United Kingdom Car Registrations - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: The Society of Motor Manufacturers and Traders Limited (SMMT)
Car Registrations in the United Kingdom is expected to be 465000.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Car Registrations in the United Kingdom to stand at 154000.00 in 12 months time. In the long-term, the United Kingdom Car Registrations is projected to trend around 176000.00 in 2021, according to our econometric models.