New Car Market up 3.4 in January

New car market up 3.4 in January

The Society of Motor Manufacturers and Traders said 144,127 new cars were registered last month.

UK New Car Market Starts 2026 Strong, but EV Targets Remain Elusive

The UK new car market began the year on a positive note, growing by 3.4% in January to reach 144,127 registrations, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). This marks the strongest start to a year since pre-pandemic 2020.Growth was recorded across all buyer segments. Private retail registrations increased by 4.5%, fleet registrations rose by 1.6%, and the low-volume business segment saw a sharp…

New car market grows in January despite fall in EV market share

The new car market rose by 3.4 per cent in January as 144,127 vehicles were registered across the UK, figures show.

EV market stalls in January but growth ‘is on the way’

Registrations of new electric cars stalled last month, registering a mere 0.1% increase over the previous year. The near-static sales figures came after months of strong growth for EVs and as the overall new car market grew 1.4% year-on-year. As a result, EVs’ market share fell to 20.6% – the lowest since April 2025 – according to the Society of Motor Manufacturers and Traders (SMMT). Overall registrations were also sharply down on the previous …

Retail demand boosts new car January growth as EV share softens

Private retail demand increased by 4.5% in the UK new car market in January, but electric vehicle uptake softened, according to new SMMT data.