Fleet sales increased by 14%, but sales to private buyers dropped by 12.9%
New car registrations increased for the 22nd month in a row in May, with a strong fleet market continuing to underpin growth as private sales dwindled. A total of 147,678 units hit the road in May, according to the Society of Motor Manufacturers and Traders which represents an increase of 1.7% year-on-year. The growth also means last month was the best May performance since 2021, but the industry is still down 19.6% compared to pre-coronavirus 2019.
Private BEV uptake decreased by 2% representing a drop of 98 registrations compared to May last year. The SMMT said EV sales in the UK were still “below the trajectory mandated on manufacturers by government in its Vehicle Emissions Trading Scheme, which demands 22% of new vehicles sold this year by each brand must be zero emission.
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