new car registrations
New car finance market suffers ‘largest contraction’ since COVID-19 lockdown
The UK’s new car finance suffered its “largest contraction” in new business volumes since February 2021’s COVID-19 lockdown period during June, according to new data published by the Finance and Leasing Association (FLA).
European EV and plug-in hybrid sales suffered ‘biggest fall on record’ in June
Europe’s electric vehicle (EV) and plug-in hybrid sales suffered their “biggest fall on record” in June as Tesla’s Chinese factory closures and Russia’s invasion of Ukraine took their toll on production.
PHEVs falter as soaring fuel prices and supply issues prompt car buyers to go EV
New car buyers are leapfrogging plug-in hybrids (PHEV) in favour of a faster electric vehicle (EV) switch as soaring fuel prices and manufacturing constraints app to the appeal of zero-emission transport.
May delivered its lowest new car registrations in three decades, SMMT reveals
New car registrations slumped 20.6% to deliver the lowest May volume in three decades as supply issues continued to hamper the automotive retail sector, Society of Motor Manufacturers and Traders (SMMT) data shows.