Motor Trade Insurance

Another Bad Month For The Number Of New Cars Sold

August 6, 2019 by Logan Biggs

Here in the UK, the new car market is having a poor time of things. The Society of Motor Manufacturers and Traders (SMMT) has announced that the number of new cars sold here in the UK in July 2019 fell by 4.1% when compared with the same month last year.

In July 2019 the number of new cars sold amounted to 157,198 compared to the 163,898 sold in July 2018.

It will not come as a surprise to motor traders to read that the number of new diesel cars sold fell significantly from 52.157 in July 2018 to 40,651 in July 2019. That is a hefty 22.1%. The market share fell from 31.8% in July 2018 to 25.9% in July 2019.

The sale of new petrol cars rose from 100,795 in July 2018 to 103,441 in July 2019- a rise of 2.6%. Not a large increase but nevertheless a positive factor. The market share rose from 61.5% to 65.8% during the above two periods.

The sale of new battery electric vehicles has rocketed from 880 in July 2018 to 2,271 in July 2019. That is a huge rise of 158.1%.

Looking at the figures on a year to date basis, to July 2019 the number of new cars sold amounted to 1,426,443 whereas to July 2018 the figure was 1,477, 892 โ€“ a drop of 3.5%. New diesel car sales totalled 385,528 down from 480,163 to July 2018. That is a drop of 19.7%. New petrol car sales for the same periods were 943,877 compared to 913,090 โ€“ a rise of 3.4%. New battery electric vehicle sales rose from 8,350 to 14,246 โ€“ an increase of 70.6%.

The 5 top selling new cars in July 2019 were: –

  1. Ford Fiesta                              5,646
  2. Volkswagen Golf                    4,288
  3. Nissan Qashqai                       4,047
  4. Ford Focus                              3,863
  5. Mercedes-Benz A-Class          3,702

It is to be hoped that the UK sees a turnaround in the number of new cars sold in the coming months. New car sales impacts on a number of different sectors of the motor trade industry such as manufacturing, car parts, used car sales and car servicing. We will continue to keep our readers up to date with statistics relating to the motor trade industry.

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