Jarrod Partridge’s Post

Recently published industry figures have revealed that UK car production is down at -7.6% in first half of 2024. However, the new car market continues to grow 📈 Numbers are up 1.1% in June, reaching 179,263 units. Plus, registrations have hit the 1 million motors mark at the half year point - for first time since 2019! Read more on the latest motor industry figures from the Society of Motor Manufacturers and Traders (SMMT) 👉 https://buff.ly/4cV6sBM #NewCarSales #MotorIndustry #MotoringNews

The UK new car market has reached the significant milestone of 1 million registrations in the first half of 2024, the first time this has been achieved since 2019. This 6% increase over the previous year was driven primarily by growth in the fleet sector, while private consumer demand continued to soften. However, the industry is calling on the next government to provide greater support for the consumer to accelerate the transition to zero emission vehicles and achieve the goal of having half of all cars in use be zero emission by 2035. Read more in this article: https://heyor.ca/2HDRG0 #SMMT #AutomotiveIndustry #CarRegistrations #CarMarket

New car registrations back on trend, with diesel down and PiV up. A big increase in fleet registrations is particularly interesting as these join the used fleet in ~3yrs.

The range of EV cars eligible for a tax free Novated Lease keeps growing! #employeebenefits #employeeengagement #employeeretention #employeeincentives #employeerewards #ev #evcars

A recent report reveals a significant decline in new car sales across the European Union, with electric vehicles (EVs) taking a particularly hard hit. The industry is calling for urgent measures to address these challenges and stimulate the market. #EV #CarSales #EU #AutomotiveIndustry

Cork drivers buying more new cars but electric car sales down on last year: … February, 1,866 new electric cars were registered a drop of … figures with 19,010 new cars registered and 2852 new electric … 2023. Petrol cars continue to lead the new car market at 32 … .46 per cent, and plug-in electric hybrid at 7.76 per cent … #car #cars #awesome

The Electric Car Discount has proven successful in encouraging everyday Australians to switch to electric cars. Australia's National Automotive Leasing and Salary Packaging (NALSPA) show EVs account for 40% of all new novated leases. With the increased demand in Australia for electric vehicles, manufacturers are releasing new models to cater for the market demand. Here are the 4 latest release electric vehicles that you must know about for your new novated lease:

According to European Automobile Manufacturers' Association (ACEA) May 2024 Mew Car Registration Report; In May 2024, car registrations in the European Union decreased by 3%, with declines observed in three out of the region’s four major markets: Italy (-6.6%), Germany (-4.3%), and France (-2.9%). Spain, on the other hand, achieved a modest growth of 3.4% last month. Despite the downturn in May, year-to-date car registrations over the first five months of 2024 increased by 4.6% to 4.6 million units. The bloc’s largest markets all showed a similar performance, with Spain (+6.8%), Germany (+5.2%), France (+4.9%), and Italy (+3.4%) recording growth so far this year. In May, battery-electric cars accounted for 12.5% of the EU car market, a decrease from 13.8% the previous year. Meanwhile, hybrid-electrics continued to expand their presence, growing from 25% to nearly 30% of the market. The combined share of petrol and diesel cars fell to 48.5%, down from 52.1%, now representing less than half of the market. https://lnkd.in/dz6K4Efw #Automotive #NewCarRegistrations #ACEA

3.6% decrease in New Car Registrations for April 2024: … 11,160 electric cars were registered. In the new car market share … by engine type for 2024, Petrol cars lead … the new car market at 32.92% … at 12.70%, and Plug-in Electric Hybrid at 8.76%. Brian Cooke … #car #cars #awesome

New car registrations were up in October. The Society of Motor Manufacturers and Traders (SMMT) reported the highest level of new UK vehicle registrations in October since 2018 and EVs were up 34% year to date compared with 2022. An encouraging picture for the #AutomotiveIndustry across the UK and also in Europe according to Reuters👇 #motoring #fleetmanagement #electricvehicles https://lnkd.in/dSbjgE6w