LSE: 687.40 GBP -4.40 (-0.64%)
05 January 23 Press releases

New Car Registrations | December 2022


Auto Trader's Editorial Director, Erin Baker, shares her view on the latest new car registrations as well as the 2022 review

“Supply chain issues may have been to blame for the new car market’s worst year for three decades but 2023 should see a gradual recovery as those pressures ease, despite a backdrop of recession.

“The bright spot last year was battery EVs and hybrids, which accounted for almost one in four of new car sales. But we’re worried this is unlikely to last after signs a fall in consumer demand on our marketplace towards the end of 2022.

“EVs need to be easier to afford, charge and buy to keep sales on track and ultimately meet the government’s targets. Affordability will be the biggest barrier to mass EV adoption, as the cost-of-living crunch and prolonged concern over electricity prices threaten to be long-term problems.”

Up next
Auto Trader data to power Office for National Statistics' official measures of inflation
Read More
Retailers embracing digital are reporting more sales, more efficiency and more satisfied customers
Read More
Auto Trader is first FTSE 100 to achieve Gold Carbon Literacy status
Read More

Stay up to date

Follow us on our social channels to keep up with the latest news, insights and company developments.


If you would like to be added to our News & views mailing list, or have any media-related enquiries, please contact our press team:

Auto Trader UK

Auto Trader Insight

Auto Trader Life

Other Group sites

Looking to join the team?


Looking to buy or sell a vehicle?


Keep in touch

Sign up to our email alerts service:

RNS alerts

Join our news & views mailing list
or submit media-related enquiries:

Contact our press team
  • @2024 Auto Trader Group plc. Registered in England with company number: 09439967.