Press release

SMMT New Car Registrations | August 2019

Auto Trader's Commercial Director, Ian Plummer, provides his view on the latest new car registrations from the Society of Motor Manufacturers and Traders (SMMT)

Ian Plummer, Commercial Director at Auto Trader, said:

“Unsurprisingly the market is down, despite retailers and manufacturers best efforts as they sought to beat the new Real-world Driving Emissions (RDE) test deadline by registering large volumes of cars before the end of the month. This has effectively inflated sales. Although we shouldn’t be focused on August, more importantly it is about how the market fairs in September, a key plate change month. The market will have to continue to contend with the ongoing Brexit negotiations and as things heat up politically, uncertainty remains which is not helping business or consumer confidence - especially not helping to sway manufacturers to send more cars into the UK.”

“Although sales look encouraging in August, the longer term drive to accelerate alternative fuelled vehicle (AFV) sales is stalling, as heightened consumer demand is now outstripping supply. Almost certainly a symptom of Britain’s impending EU exit, while manufacturers are struggling to produce enough batteries and electric cars, and those that are rolling off production lines are destined for other, more profitable markets. If we continue to see an exchange rate at or around parity with the euro, the UK may even miss out on the best and newest EVs as manufacturers may make the decision to divert the vehicles to other markets where these cars are not only more profitable but also more certain to count for the imminent and very stringent fleet emissions targets that they need to comply with from next year. Many European markets are now leaving the UK in their wake: penetration is already high and growing faster than in the UK. In France and Germany new car sales of AFVs were up by 15% and 63% in the first quarter of 2019 and in the pioneering markets such as Norway and Holland AFV’s were up by 37% and 49%*.”

*https://www.acea.be/uploads/press_releases_files/20190508_PRPC_fuel_Q1_2019_FINAL.pdf

Just over a week to go to this year's @Auto30Club annual conference which we're proud to be hosting in our London offices. We're looking forward to what's set to be a fantastic day of unique insights, best practice and networking https://t.co/Phfymugcnw
On the 28th November at 11am we'll be hosting a webinar regarding our forthcoming changes to the consumer experience on our marketplace. Don't miss the opportunity to ask all your questions & comments to Beth, Chris and Marc. Sign up today here: https://t.co/2cSKLzsh8F https://t.co/vZhu7jXBBg
We're excited to partner with @gard_x to incorporate its innovative SpinCar technology onto our marketplace which we believe will further help retailers stand out in today’s increasingly competitive market. Read all about it on @AMchatter here https://t.co/AWdNtYWVWL
Two weeks to go! If you're not a member of the @Auto30Club (yet!) and would like to attend this one day seminar please get in touch with victoria@automotive30club.co.uk https://t.co/5w61NEY23R
We're proud to sponsor this year's @Auto30Club conference on 28 Nov. The event will see a host of brilliant guest speakers from inside & outside the industry sharing unmissable insight. For non members wishing to attend please get in touch with victoria@automotive30club.co.uk https://t.co/pr5hIwac0L
Did you know 88% of car buyers are worried they’re not getting a fair deal & 86% are worried they can’t trust the retailer. To help instil more confidence in the vehicle, the price & the retailer we're evolving the consumer experience. Find out more here https://t.co/kJyCtRAkTm https://t.co/PbvVn2RR5h
Throughout May & June we hosted a series of Dealer Open Golf Championship qualifiers around the UK with 192 golfers taking part. Last month we held the final at The Grove - it was a fantastic day & the brilliant team from @HiltonGarage lifted the trophy. Congratulations guys 🏆 https://t.co/xUQfHwt390
Good luck everyone!🏆 https://t.co/1eUedGX8Vp
We're very honoured to have been invited to @TrustFordUK's brilliant annual employee conference today. Our Insight Director Nick King loved the opportunity to share some of our latest insights from the Market Report and Car Buyers Report. Thank you for having us! https://t.co/GgP3OBzAzR
The latest figures from the AT Fastest Selling Index show that the Renault ZOE isn't only the fastest selling used car in the UK, it's the 2nd too. It's just the 3rd time a pure EV has taken the top spot & the first to get the one-two. Read more here: https://t.co/UmqSVkDRFN https://t.co/KN1NeyR9Fe

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