New car registrations in the United Kingdom rose by 1.7 percent year-on-year to 115,706 units in November 2021, bringing an end to four months of consecutive decline. Still, the number remains low taking into account a 27 percent decline in November 2020 when lockdowns impacted registrations. Also, compared to the pre-pandemic average, there were 31.3 percent fewer vehicles registered as semiconductor shortages constrain supply. Plug-in vehicle demand continued to grow, however, with battery electric vehicles (BEVs) equating to 18.8 percent of the market, with 21,726 units – more than double compared with November 2020 – while plug-in hybrid vehicles’ (PHEVs) share grew to 9.3 percent or 10,796 units. Year-to-date, 1.54 million new cars have been registered, up 2.7 percent from the same period of 2020. source: The Society of Motor Manufacturers and Traders Limited (SMMT)
Car Registrations in the United Kingdom averaged 153804.04 from 1962 until 2021, reaching an all time high of 562337 in March of 2017 and a record low of 4321 in April of 2020. This page provides the latest reported value for - United Kingdom Car Registrations - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Car Registrations - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.
Car Registrations in the United Kingdom is expected to be 136000.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Car Registrations is projected to trend around 169000.00 in 2022 and 185000.00 in 2023, according to our econometric models.