“The 29.5% decrease in new car sales in July can be attributed to significant pent-up demand that was released when dealers reopened this time last year, after the first lockdown” said Sue Robinson, Chief Executive of the National Franchised Dealers Association (NFDA) which represents franchised car and commercial vehicle dealers in the UK, commenting on the latest SMMT’s new passenger car registration figures.
New car sales decreased by 29.5% compared to the same month last year demonstrating the challenges with new car stock coming onto forecourts. In total 1,033,269 new cars have been registered to date in 2021. Battery electric vehicles rose by 17.4% and plug-in hybrid vehicles rose by 151.4%, in July. Registrations of diesel vehicles declined by 31.1%, with petrol vehicles increasing modestly at 0.8%. Private, fleet and business registrations were all down from 2020 levels.
Sue Robinson added, “Given the headwind we are witnessing in relation to vehicle supply, as a consequence of semi-conductor shortages and factory closures, franchised dealers continue to perform resiliently.
“It is usual for consumer demand to wain slightly as we approach the important month of September. NFDA members still remain cautiously optimistic in their outlook for the remainder of the year.”
NOTES TO EDITORS
Jordi Skilbeck, Press Officer