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Company cars and EVs drive November market bounceback

SMMT says battery electric vehicles take their largest monthly share of the new car market in 2022

Mark Moran
05 December 2022

 

The UK new car market grew 23.5% in November to 142,889 registered units in the fourth consecutive month of year-on-year growth, according to figures published by the Society of Motor Manufacturers and Traders (SMMT).

The growth delivered the highest total for November since 2019, with manufacturers continuing efforts to fulfil orders amid erratic global components supply. However, registrations in the month were still -8.8% below 2019 levels and, while further recovery is anticipated in 2023,...

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