Press release

New car registrations | December 2019

Auto Trader's commercial director, Ian Plummer, offers his view on December 2019's - and the year as a whole - new car registration performance from the Society of Motor Manufacturers and Traders (SMMT).

Ian Plummer, Commercial Director:

Whilst December’s slight uptick in sales may have closed the year off on a positive note, 2019’s overall disappointing new car performance will come as little surprise to anyone in the industry, especially those at the front line who have had to face the challenge of falling consumer confidence, economic uncertainty and fuel-type confusion, as well as the arrival of added pressures from more stringent emission regulations.

With alternatively fuelled vehicles, and pure electric vehicles (EVs) in particular, recording such impressive growth in 2019, we can see just how significant an opportunity they present the industry. On our marketplace we recorded a similar trend, with searches for pure EVs increasing 78% since the start of the year. Pure EVs still only represent 1.6% of the market though, so it's hugely disappointing that this potential bright spot is being undermined by the government's removal of the plug-in car grant, which is already having a detrimental impact at a time when the industry is in need of the most support. As part of its pledge to support industry and its environmental commitments, we hope the government takes bigger steps to drive consumer adoption of low-emission vehicles.

As we look ahead to the new year, we can be optimistic that the renewed consumer confidence following the General Election result will have a relatively positive impact on the market.”  

Our CEO Nathan Coe will be live on next week's webinar to answer your questions. You can submit your questions to him in the comments and when you register to join the webinar live at https://t.co/rdtNiD8APu https://t.co/d99VfhPofQ
Last week saw the 89th week of consecutive used car price growth, with prices rising 28.6% year-on-year. With used car prices continuing to rise it’s crucial to keep repricing your stock inline with the market to ensure you aren’t leaving profit on the table. https://t.co/MRHJVoNvzs
2021 was a record year for new electric vehicles on our marketplace which saw a record number of advert views in 2021, with 1 in 5 new car advert views now for an electric vehicle. What EVs do you think we'll see drawing the most attention in 2022? https://t.co/niblnnJaPl
Looking to evolve your business by breaking free of outdated data feeds and enabling your customers to have a real-time view of your digital forecourt? Then check out our ‘Essentials to connected retailing’ masterclass now 👉 https://t.co/VggO5GDvFa https://t.co/hRUW9aXDTf
We’re still faced with an element of uncertainty when it comes to the pandemic which means you need to be prepared for any eventuality. So in this week’s tip of the week, @AndrewKorpela shares some top tips on how to make sure you're prepared for whatever is thrown at you next. https://t.co/9cKawLT6Q9
In his latest update, our CEO Nathan Coe shares our latest market insights, including an analysis of consumer demand and pricing, and reveals our plans for 2022. https://t.co/oyxwpJf2U1
With record numbers of new electric vehicle sales and, as we reveal in our latest blog, an electric vehicle being the fastest selling of any used vehicle in 2021, last year really was a victory for voltage 👇 https://t.co/j4Al3nByBL
In our latest Monthly Market Intelligence Report, we analyse the 3 key trends that came to define the automotive industry in 2021, record demand, the growth in used car prices and the acceleration of EV adoption 👉https://t.co/tVW6vpQjxm Will these trends continue through 2022? https://t.co/rITl15odBm
A quick summary of what we have covered in today's webinar from @ClarkRjoclark. https://t.co/QFgNQYhCR8
Prices then are still strong, but we are still seeing under-priced stock on our marketplace which means there is profit being left on the table. It's key then to monitor the live market prices and re-price to the live market value to avoid missing out on profit. https://t.co/3jGvyFVPIn

Auto Trader Group plc
Registered in England (Company number: 09439967)

Auto Trader Limited
Registered in England and Wales (Company number: 03909628)

Registered address:

1 Tony Wilson Place
Manchester
M15 4FN
VAT number: GB 614 8918 20

Keep in touch

We use social media to speak to the UK’s largest car buying audience