UK: April new car market declines -15.8% as supply constraints see 2022 outlook downgraded

  • UK new car market declines -15.8% to 119,167 units in April, but battery electric car registrations buck trend, up 40.9%.
  • SMMT revises 2022 outlook down from 1.89m units to 1.72m as parts shortages continue to impact supply.
  • Plug-in cars anticipated to account for more than a quarter of market in 2022 but additional assurance needed for more customers to make the switch.

 

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