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Drop In New Car Sales In October

November 5, 2020 by mti

Motor traders will be disappointed to read that, according to the Society of Motor Manufacturers and Traders (SMMT), there has been a drop in the sale of new cars for the month of October 2020 when compared with the same month last year.

In October 2020 there were 140,945 new cars sold whereas in October 2019 the figure was 143,251. That is a fall of 2,306 that equates to a drop of 1.6%.

The number of new diesel cars sold in October 2020 amounted to 20.941 whereas in October 2019 the figure was 34,004. That was a reduction of 38.4%. The number of new petrol cars sold in October 2020 amounted to 69,704 compared to 88,622 in October 2019 – a fall of 21.3%. The number of new electric cars sold in October this year increased in comparison to the same month last year.

On a year to date basis to October 2020 the figures look very poor with only 1,384,601 new cars registered compared to 2,005,522 in October 2019. That is a huge difference of 620,921 that equates to a drop of 31.0%. The sale of new diesel cars fell from 512,151 in October 2019 to 230,034 in October this year – a drop of 55.1%. The sale of new petrol cars dropped from 1,293,341 in October 2019 to 789,612 in October 2020 – a drop of 38.9%. The number of new electric cars registered increased.

There was only a small difference in the number of new cars sold for the private sector. In October 2019 the figure was 60,184 whereas in October 2020 the figure was 60,422. – a small rise of 0.4%. The number of new cars sold for the fleet market dropped from 79.918 in October 2019 to 77,249 in October 2020 – a fall of 3.3%. The number of new cars sold for the business sector in October 2019 was 3,149 compared to 3,274 in October 2020 – a rise of 4.0%.

The top 5 selling new cars in October 2020 were: –

  1. Mercedes-Benz A-Class                   4,149
  2. Vauxhall Corsa                                 3,957
  3. Ford Fiesta                                       3,845
  4. Volkswagen Golf                             3,831
  5. Ford Puma                                       3,609

Today, we have entered into a lockdown for a month in England so it will be interesting to see the impact that has on the number of new cars registered in November 2020. It is certainly a worrying period for motor traders.


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