In 2023, there were 1.90 million new passenger cars registered in the United Kingdom. This was an 18 percent increase compared to the previous year. The UK new car market has recorded its best year since the pandemic. The growth in 2023, was attributed to fleet investment, as the supply constraints of the previous year faded, thereby facilitating the fulfillment of accumulated demand.
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What consumers want
The most important feature British consumers were looking for in their new car was fuel efficiency. According to a 2023 Statista survey, some 56 percent of respondents reported this characteristic to be of importance to them when deciding on a new purchase. Vehicle safety, suitability for everyday use, low price, and high driving comfort were the features rounding off the top five.
Total number of licensed cars
The overall number of licensed cars in Great Britain came close to 32.2 million units in 2022, which marked a full recovery from the dip recorded in 2020, due to the COVID-19 pandemic. Almost 31.9 million units were registered in Great Britain in 2019.
Total number of new passenger cars registered in the United Kingdom (UK) from 2003 to 2023
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SMMT. (January 5, 2024). Total number of new passenger cars registered in the United Kingdom (UK) from 2003 to 2023 [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/299240/volume-of-new-passenger-cars-registered-in-the-united-kingdom/
SMMT. "Total number of new passenger cars registered in the United Kingdom (UK) from 2003 to 2023." Chart. January 5, 2024. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/299240/volume-of-new-passenger-cars-registered-in-the-united-kingdom/
SMMT. (2024). Total number of new passenger cars registered in the United Kingdom (UK) from 2003 to 2023. Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/299240/volume-of-new-passenger-cars-registered-in-the-united-kingdom/
SMMT. "Total Number of New Passenger Cars Registered in The United Kingdom (Uk) from 2003 to 2023." Statista, Statista Inc., 5 Jan 2024, https://www.statista.com/statistics/299240/volume-of-new-passenger-cars-registered-in-the-united-kingdom/
SMMT, Total number of new passenger cars registered in the United Kingdom (UK) from 2003 to 2023 Statista, https://www.statista.com/statistics/299240/volume-of-new-passenger-cars-registered-in-the-united-kingdom/ (last visited November 03, 2024)
Total number of new passenger cars registered in the United Kingdom (UK) from 2003 to 2023 [Graph], SMMT, January 5, 2024. [Online]. Available: https://www.statista.com/statistics/299240/volume-of-new-passenger-cars-registered-in-the-united-kingdom/