KPMG comments on new car registration figures for November 2020
KPMG comments on new car registration figures
Andrew Burn, Head of Automotive at KPMG UK, comments on the SMMT’s new car registration figures, which fell by 27.4%.
He said: “Given the latest lockdown, the new car registration figures for November come as no surprise, with yet another tough month for the sector.
“Although car sales fell overall, the positive news is the continued advancement in hybrid and electric vehicle sales, with market share having grown to 36.9%, whilst diesel has fallen to 14%. With the recent government announcements around the 2030 targets, I expect this trend to continue and for market share to keep building.
“Looking ahead, carmakers will be hoping for a positive Christmas period to give the sector a boost prior to seeing the impact of Brexit in January.”
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