The UK car market continues to grow, posting growth of 2.9% in November. The market continues to confound widespread expectations that it would dip and is set to exceed last year’s annual total and set a new annual record.
The total of 184,101 new cars registered last month took the car market to more than 2.5m units so far this year – the first time the milestone has been reached in November.
Demand for alternatively fuelled vehicles (AFVs) remained strong in the month, growing 25.1% to 6,663 units, representing 3.6% of the market – the highest ever achieved. Petrol registrations grew 7.9% to 88,541 units, while diesels just edged ahead on market share with 88,897 vehicles registered, a fall of -2.9%.
Superminis continued to be the most popular body style – making up more than a quarter (29.7%) of all cars registered in November, followed by small family cars and SUVs. Executive and city cars enjoyed the biggest growth, up 27.7% and 25% respectively. Meanwhile, fleets accounted for more than half of the market, as registrations to private buyers fell slightly by -1.2%.
Mike Hawes, SMMT Chief Executive, said: “Our industry continues to make vehicles that are ever safer, more refined, more efficient and more enjoyable to drive – and the latest advanced technology and cutting-edge designs are continuing to attract buyers into showrooms.
“It’s encouraging to see that alternatively fuelled vehicles, although still a small proportion of the market, have seen strong growth this month achieving a record market share. Long-term government support and incentives are essential if these vehicles are to command a larger market share in the future.”