UK car industry body cuts 2024 sales forecast on weak EV demand:
Britain's auto industry body cut its 2024 forecast for new car sales on Monday ...
reuters.com/world/uk/uk-new-car-sales-grew-july-preliminary-industry-data-shows-2024-08-05/
Photo: reuters.com · view article
UK Lowers 2024 EV Sales Outlook Amid Weak DemandUK new car sales forecast cut to 1.97 million units, with July marking 24 months of growth despite EV market challenges.
Key FactsAug 5, 2024 · Reading time: ~45 sec.
Summary created with AI assistance · Source: reuters.com
Summary created with AI assistance · Source: reuters.com
- The Society of Motor Manufacturers and Traders (SMMT) reduced the 2024 new car sales forecast slightly to 1.97 million units.
- July new car sales increased by 2.5% year-on-year, marking the 24th consecutive month of growth.
- Battery electric vehicles (BEVs) market share is now forecast at 18.5%, down from the earlier expectation of 19.8%.
- Weak private retail demand for electric vehicles remains the primary concern despite generous manufacturer discounts.
Weakening private retail demand particularly for EVs and despite generous manufacturer discounts, is the over-riding concern.— SMMT chief Mike Hawes said in a statement.
Story Details
| Last Updated | |
| Total Articles | 2 |
Main Topics
vehicle using only rechargeable electric batteries as energy source
Similar to This
Previous
EVs dominate China’s car market: 5 takeaways from the country's latest auto sales data
cnbc.com/2026/08/12/china-car-sales-data-byd-tesla-geely-vw.html
Electric vehicles the driving force behind new car sales in July : Central Statistics Office data show more than 20,000 new private cars licensed in July
irishtimes.com/business/2026/08/11/electric-vehicles-the-driving-force-behind-new-car-sales-in-july/
dpaq.de Aug 06
Chinese carmaker thrives amid Germany's EV subsidy boom ｜ DPA: Sales of electric cars in Germany rose sharply in July following the introduction of the ...
app.ekkow.com/1458091110580044586
Daily Sabah Aug 05
Electric, hybrids account for over half of cars sold in Türkiye: Despite an overall contraction in the Turkish auto market in the first seven months of 2026 ...
dailysabah.com/business/automotive/electric-hybrids-account-for-over-half-of-cars-sold-in-turkiye
1993 Volvo 850GLT Test: An Upstanding Member of the Community: If cars were men, you'd want your daughter to marry this one.
caranddriver.com/reviews/a71362847/1993-volvo-850glt-archive-test/
Electric vehicle sales reach record high in July - SIMI: A total of 9,682 new electric vehicles were registered in July, which was the highest monthly figure ...
rte.ie/news/business/2026/0804/1586383-society-of-the-irish-motor-industry-car-figures/
These were South Africa’s best-selling cars in July: New-car sales climbed to a 12-year high as petrol prices eased and consumer confidence improved
ebx.sh/iNC1oz
Surprise: The Global Oil Crisis Is Pushing People Toward Buying Electrified Cars: lectrified vehicle sales hit new highs around the world as 50 countries saw ...
engadget.com/2226837/electric-vehicle-sales-spike-in-wake-of-oil-crisis/
IEA: Global EV sales jump 35% in Q2 and 50 countries set records: Global EV sales jumped 35% in Q2 and set records in 50 countries, fueled by rapid growth across ...
electrek.co/2026/07/29/477795/
‘A new trajectory’: EVs now almost quarter of Australia’s new car sales as fuel crisis bites
theguardian.com/environment/2026/jul/27/australia-ev-car-sales-electric-vehicles-fuel-crisis-plug-in-hybrids
UK new car sales hit best May since 2019, industry data shows: Britain's new car sales rose 7.1% in May, the strongest for the month since 2019 ...
reuters.com/world/uk/uk-new-car-registrations-hit-strongest-may-since-2019-prelim-smmt-data-shows-2026-06-04/
Boost in EVs drives strong new car sales: A boost in demand for electric vehicles (EVs) drove the UK's new car market to its strongest May sales performance ...
scotsman.com/business/boost-in-evs-drives-strong-new-car-sales-8658296
Toyota hits record global sales for FY 2025, lifted by hybrid models - The Mainichi
mainichi.jp/english/articles/20260428/p2g/00m/0bu/008000c
New car market rises see highest February registrations since 2004: Just over 90,000 cars were registered during the month, according to new data.
expressandstar.com/news/motors/2026/03/05/new-car-market-rises-see-highest-february-registrations-since-2004/
GM sold more than twice as many EVs in the US as Ford in 2025: Ford’s electric vehicle sales took a hit in 2025 after scaling back plans, including ending ...
electrek.co/2026/01/06/gm-sold-twice-as-many-evs-as-ford-2025/
UK car sales top 2m in 2025 as Chinese brands boom: Electric car sales rose by nearly a quarter to a record 473,000, or 23.4% of the overall market, says SMMT
theguardian.com/business/2026/jan/06/uk-car-sales-2025-chinese-brands-electric-car-smmt
China forecast to have sold one in every 10 new cars in UK in 2025: Carmakers such as MG, BYD and Chery are set to pass 200,000 mark in sales, analysis suggests ...
theguardian.com/business/2025/dec/31/china-forecast-to-have-sold-one-in-every-10-new-cars-in-uk-in-2025
CNA Dec 16 25
EU moves to ease 2035 ban on internal combustion cars as auto industry faces headwinds
channelnewsasia.com/world/ev-eu-cars-engine-us-china-climate-5611226
Tesla just posted rare growth in China. Here’s what sparked the sales momentum.: November was only the third month this year in which Tesla reported sales growth ...
marketwatch.com/story/tesla-just-posted-rare-growth-in-china-heres-what-sparked-the-sales-momentum-4d6f1e37
Paid articlePaywall Next