More
    HomeTechnologyGreenTechMarch New Car Market Sustains Growth As Manufacturers Shore Up Electrified Demand

    March New Car Market Sustains Growth As Manufacturers Shore Up Electrified Demand

    Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!


    • New car registrations rise 10.4% in best March since 2019 and 20th consecutive month of growth.
    • Overall increase driven by fleet investment with weak confidence constraining private retail demand.
    • Industry calls for EV incentives with battery electric car market off the pace.

    SEE CAR REGISTRATIONS BY BRAND

    DOWNLOAD PRESS RELEASE AND DATA TABLE

    The UK new car market clocked up its 20th consecutive month of growth in March, with a 10.4% rise in registrations. In what is typically the busiest month of the year due to the new numberplate, 317,786 new cars reached the road with a 24 plate – the best March performance since 2019, although still -30.6% below pre-pandemic levels.1

    Growth was again driven by fleet investment, up 29.6% as the sector continues to recover following the…

    Read the full article originally published at cleantechnica.com.

    CleanTechnica
    CleanTechnicahttps://cleantechnica.com
    CleanTechnica is the #1 site in the US for cleantech news & commentary. Focus on solar energy, wind energy, electric cars, and other clean technologies.
    RELATED ARTICLES

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    - Advertisment -

    Most Popular

    Recent Comments