Source: Sharecast
New car registrations increased by 6.7% in June to 191,316 units, but still accounted for less than 40% of new cars on the road, while private sales were up 5.9% at 71,616 and fleet sales grew 8.5% to 114,841. Business sales, on the other hand, slumped 15.8% to 4,859.
However, despite a positive performance in June, overall registrations remained below pre-Covid levels, down 14.4% on 2019.
New petrol registrations declined 4.2% to 88,029 and diesel volumes were broadly flat at 10,716, while total electrified vehicle registrations came to 92,571, achieving a 48.5% market share. Battery electric vehicles jumped 39.1% to 47,354, while plug-in hybrid electric vehicles grew 28.8% to 21,382 and hybrid electric vehicles fell by 8.5% to 23,835 registrations.
SMMT's Mike Hawes said: "A second consecutive month of growth for the new car market is good news, as is the positive performance of EVs. That EV growth, however, is still being driven by substantial industry support with manufacturers using every channel and unsustainable discounting to drive activity, yet it remains below mandated levels. As we have seen in other countries, government incentives can supercharge the market transition, without which the climate change ambitions we all share will be under threat."
Reporting by Iain Gilbert at Sharecast.com