Large fleets drive September growth

By |2023-10-05T09:45:27+01:00October 5th, 2023|News|

Large fleets rose 40.8% to 143,256 units to reach a market share of 52.5%. This represents a market rebalancing after constrained supply in 2022 restricted deliveries to business and fleet customers. Private consumer demand, meanwhile, also grew, up 5.8% to 122,944 units. As a result, the industry enjoyed its best September since 2020, although registrations remain -20.6% below pre-pandemic levels.

New car sales maintain steady rise

By |2023-05-04T16:12:42+01:00May 4th, 2023|Dealer Insights, News|

As supply chain pressures have begun to ease, the overall market is now up 16.9% in the first four months – the best start to a year since the pandemic, with growth worth £3.2 billion. This has led to an upward revision of the quarterly market outlook, the first positive revision since 2021, with 1.83 million new car registrations expected in 2023, up from 1.79 million anticipated in January.

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