Press release

SMMT new car registrations | January 2020

Auto Trader's Commercial Director, Ian Plummer, provides his view on the latest new car registrations from the Society of Motor Manufacturers and Traders (SMMT)

“It’s reassuring to see that registrations of EVs have increased in January, but we do need this to continue at pace if we’re to meet the government’s new ambitious target of banning petrol and diesel new car sales by 2035. 

“Yesterday’s announcement reaffirms consumers’ interest in EVs, as consumers searching for EVs increased by over 165% on Auto Trader. Advert views of EV cars on the UK’s largest automotive marketplace, increased by a massive 143%, when compared with the previous day. However, the pressure is on to ensure the supply of EVs is there, and that those cars are available at an affordable price. Government grants and incentives remain crucial if we are to see EV sales increase at any kind of meaningful rate.”

“It’s also encouraging that sales of hybrid vehicles have increased. Advert views for alternatively fuelled vehicles more widely also increased yesterday by more than 42%, compared with Monday. They continue to provide a good entry point for those consumers wanting to try out new alternatively fuelled technologies, but who feel that a pure EV isn’t quite right for them just now.”

Wondering how car prices are being affected by #COVID19? Why not have a read of this blog from our franchise brand director @chrispenny222 in which he discusses the pricing trends we're seeing in the market & how we can limit the long-term impact https://t.co/MbWl0V4jVv
We've seen a lot of activity across our platforms over the last couple of weeks. In this short blog our Data & Insight Director, @therickw, highlights the key trends in consumer behaviour we've been observing across the market in response to #COVID19 https://t.co/pxeZSyZt5F
Thank you to everyone who watched the 3rd in our series of weekly webinars designed to help retailers navigate the challenges of #COVID19. And a big thank you to our guests, Fresh Motors' Jacob Freshwater & Peter Stonely. Missed it? You can catch up here https://t.co/55zKizOT3h https://t.co/57QGXtwVfN
According to our latest #automotive Retail Price Index, used retail prices remained relatively stable in March. The average sticker price for a used #car was £13,601 - down a negligible -0.2% (like-for-like) on March 2019. Read the full analysis here: https://t.co/iEDek8m2tR https://t.co/n5Mv96JqPB
Just over 30 mins to go before the 3rd in our series of #COVID19 focused webinars. Tune in to hear brand new market insights from the AT team, & our guests Jacob Freshwater of Fresh Motors & Trading Standards expert, Peter Stonely. Register here for free: https://t.co/oixBF6eCHH https://t.co/KoFkut8caM
Have you registered for tomorrow's webinar yet? Don't miss the chance to hear the latest market insights as well as invaluable information regarding distance selling from Peter Stonely, a specialist in Trading Standards law. Sign up for free here: https://t.co/oixBF5X1Q9 https://t.co/JdoFxzgUHq
During the #QueensSpeech on Sunday, during which circa 24 million people tuned in to hear her inspiring message around #COVID19, we saw a dramatic dip in ad views across our platforms. https://t.co/Pb3VhYBBLm
During the #Queen's address to the nation on #COVID19 last night, we saw a dramatic dip in ad views across our platforms. It's no surprise, as her broadcast attracted an audience of close to 24 million people. https://t.co/VEXZJelr5S
Here's a snapshot of what we covered during our last #COVID19 webinar. This week (10am Weds.) we'll be joined by Jacob Freshwater of Fresh Motors & trading standards law specialists, @StonelyTraining, as we discuss distance selling. Register for free here: https://t.co/oixBF5X1Q9 https://t.co/MfRnNZMMdo
The latest data from the @SMMT shows the #newcar market was down 44.4% in March. However, our market observations do offer a more reassuring picture for the future, as people are still actively looking for their next car. Read @IanJPlummer's view here https://t.co/uOmDKIAQSs https://t.co/WquwxioqDG

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