UK New Car Registrations Climb to 2019 High
2026-04-07 08:21
By
Joana Taborda
1 min. read
New car registrations in the UK rose 6.6% yoy to 380,627 in March 2026, typically the biggest market month of the year, following a 7.2% gain in February, according to the Society of Motor Manufacturers and Traders.
It marks the best March and best month overall since 2019, driven primarily by private demand, with retail registrations rising 10.1% to 162,470 units.
Fleet registrations increased 3.5% to 208,853 units, while the smaller business sector grew 18.8% to 9,304 units.
March was also the best month on record for EV volumes (196,059 registrations), underlining the impact of manufacturers’ investment in road transport decarbonisation.
Battery electric vehicles volumes went up 24.2% to reach record high, but market share was just 22.6%, when mandated target for the year is 33%.
At the start of 2026, battery costs were more than 30% higher than expected and industrial energy prices around 80% above 2021 levels, while public charging can cost over 140% more than five years ago.