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Drop In Engine Production And New Car Registrations

March 19, 2021 by mti

Engine Production

Those operating in the motor trade industry will be disappointed to read that the number of vehicle engines built in the UK in January 2021 fell when compared with the same month last year. This was the 13th month in a row that this sector of the motor trade industry has dropped according to the Society of Motor Manufacturers and Traders (SMMT).

In January 2020, the number of engines manufactured amounted to 238,193 whereas there were only 168,291 built in January 2021. This equates to a fall of 29.3%. The number of engines built for the home market in January 2020 amounted to 97,775 compared to 71,160 in January 2021 – a fall of 27.2%. The number of engines built for the export market in January 2020 amounted to 140,418 compared to 97,131 in January 2021 – a drop of 30.8%.

New Car Registrations

There was a big drop in the number of new cars registered here in the UK in February 2021 when compared with the same month last year. In February 2021, there were 51,312 new cars registered compared to 79,594 in February 2020. That is a significant fall of 35.5%.

The number of new cars sold to the private sector in February 2021 amounted to 21,364 compared to 34,049 in February 2020 – a fall of 37.3%. The number of new cars sold to the fleet sector in February 2021 amounted to 29,311 compared to 44,078 in February 2020 – a drop of 33.5%. The number of new cars sold to the business sector amounted to 637 in February 2021 compared to 1,467 in February 2020 – a drop of 56.6%.

The number of new diesel fuelled cars sold in February 2021 was 6,761 compared to 17,347 in February 2020 – a fall of 61.0%. The number of new petrol fuelled cars sold in February 2021 amounted to 26,752 compared to 48,219 in February 2020 – a drop of 44.5%. The number of new electric cars sold in February 2021 rose when compared with February 2020.

The top 5 selling new cars sold in February 2021 were: –

  1. Ford Fiesta                              1,645
  2. Vauxhall Corsa                        1,408
  3. Nissan Qashqai                       1,321
  4. Mercedes-Benz A-Class          1,298
  5. Volvo XC40                            1,251

February tends to be a quieter month for the registration of new cars. However, March usually sees a big increase in sales of new registration plated vehicles but this month may prove to be a disappointment due to the pandemic. We will continue to keep our readers updated with statistics relating to the motor trade industry.  


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