Press release

SMMT new car registrations | January 2020

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)

“It’s reassuring to see that registrations of EVs have increased in January, but we do need this to continue at pace if we’re to meet the government’s new ambitious target of banning petrol and diesel new car sales by 2035. 

“Yesterday’s announcement reaffirms consumers’ interest in EVs, as consumers searching for EVs increased by over 165% on Auto Trader. Advert views of EV cars on the UK’s largest automotive marketplace, increased by a massive 143%, when compared with the previous day. However, the pressure is on to ensure the supply of EVs is there, and that those cars are available at an affordable price. Government grants and incentives remain crucial if we are to see EV sales increase at any kind of meaningful rate.”

“It’s also encouraging that sales of hybrid vehicles have increased. Advert views for alternatively fuelled vehicles more widely also increased yesterday by more than 42%, compared with Monday. They continue to provide a good entry point for those consumers wanting to try out new alternatively fuelled technologies, but who feel that a pure EV isn’t quite right for them just now.”

We're excited to announce that, as of 1st July, we'll be powering the used car pages on @whatcar and its sister site, @autocar. https://t.co/H4GJLafkh7
We're excited to announce that, as of 1st July, we'll be powering the used car pages on @whatcar and its sister site, @autocar. https://t.co/H4GJLafkh7
What are the three big barriers to electric vehicle adoption and how can we as an industry help to overcome them? Find out in the latest edition of The Road to 2030 report 👉https://t.co/ho4cNqeUsQ https://t.co/qlA2IX6EiF
Are you getting the basics right? Find out in this week's tip of the week where @AndrewKorpela highlights the need to maintain your digital best practises. https://t.co/Rkm0nKu19B
One of the most recent entrants to the EV market, the @CUPRA Born, is currently seeing the most advert views of any new EV on our marketplace. With a new EV model set to enter the market every 10 days this year, what model do you think we'll see make the list? https://t.co/nOcF7YguLg
We've been working with manufacturers to get you access to the specification profile for each car and we're excited to announce that this is now available to retailers, helping you to make creating high-quality adverts easier than ever. Find out more 👇 https://t.co/lv2kLf4E77
After a slight technical glitch @therickw is live and sharing our latest market data. Demand has seen a decline but used car prices remain robust. https://t.co/lSNLB6rLrg
Over now to @MarcThornboroug who asks "is it time to reset your goals"? Last year's performance was incredibly strong across the market, being very much a seller's market. But in recent weeks we have seen it start to shift towards a buyers market. https://t.co/BVEiBdl9Dy
We're kicking off today's webinar with @marc_palmer. Right now the economy is the top issue for many people with the cost of living crisis in full swing and the spectre of a recession looming. But what does this mean for car sales? Read the thread to find out 👇 https://t.co/ZMErCURxJU

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