New car sales grow in April but private EV share falls

New car registrations record 21st month of growth, rising 1.0% in April. Battery electric vehicle (BEV) market share rises to 16.9%, sustained by business buyers, as private retail demand continues to drop. New 2024 market outlook revises overall uptake upwards to 1.984m units, but BEV share downgraded to 19.8% as weakened private retail demand moderates expectations.…

UK car production down 14% in February – but EV sales up

UK car production fell -14.0% in February, with 105,008 units leaving factory gates, although growth of electric vehicles increased 25% in the same period, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT).  Over 17,00 fewer cars were manufactured in February, representing an 18th consecutive month of decline and the…