The Society of Motor Manufacturers and Traders (SMMT) reported a 10.4% drop in new car registrations in April, totaling 120,331 vehicles. This decline was attributed to various factors, including new vehicle excise duty regulations. However, electric vehicle sales rose by 8.1%, capturing a market share of 20.4% compared to 16.9% last year. SMMT chief executive Mike Hawes highlighted the need for additional government measures to support EV uptake, while Auto Trader's commercial director, Ian Plummer, anticipated consumer interest in new cars would rebound after April's decline.
New car registrations fell by 10.4% in April due to various factors, including new vehicle excise duty regulations.
EV registrations grew by 8.1%, making up 20.4% of the market, but demand is still below expectations.
SMMT's Mike Hawes emphasized the need for government support to address the unsustainable subsidies affecting EV uptake.
Auto Trader's Ian Plummer attributed April's decline in new car sales to 'short-term turbulence', predicting a recovery.
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