Motor Trade Insurance

New Car Registrations Rise In January

February 20, 2022 by mti

Motor traders will be pleased to read that the number of new cars sold in the UK in January 2022 increased significantly when compared to January 2021 according to figures published by the Society of Motor Manufacturers and Traders (SMMT).

In January 2022, the number of new cars registered amounted to 115,087 whereas in January last year the figure was 90,249. That is a big increase of 27.5%.

In January this year, there were 62,300 new cars sold to the private sector compared to only 37,955 in January 2021 – a rise of 64.1%. There were 50,817 new cars sold to the fleet sector compared to 51.004 – a drop of 0.4%. There were 1,970 new cars sold to the business sector compared to 1,290 – a rise of 52.7%.

The number of new petrol cars sold in January 2022 amounted to 51,468 compared to 44,903 in January 2021 – a rise of 14.6%. The number of new diesel cars sold in January 2022 amounted to 6,008 compared to 11,083 in January 2021 – a big fall of 45.8%.

The top selling new cars in January 2022 were: –

  1. Kia Sportage                           3,458
  2. Ford Puma                              2,608
  3. Kia Niro                                  2,372
  4. MINI                                       2,313
  5. Vauxhall Corsa                        2,285

Motor traders will also be interested to read that the number of new HGV registrations in the UK rose by 12.9% in 2021 to 37,163 when compared with the figures for 2020. Rigids accounted for 21,231 vehicles and artics made up 15,932 of the full year’s total.

The number of new buses and coaches sold in the UK in 2021 fell by 16.8% to 3,467 when compared with 2020.

Motor traders and the rest of the motor trade industry will be hoping that the remainder of 2022 continues to improve on a month by month basis in respect of new car registrations. We will continue to keep our readers up dated with relevant statistics.  

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