New car registrations rose 14.0% to 84,886 during February – the best performance for the month since 2004.
February is traditionally volatile as the lowest volume month of the year, according to the Society of Motor Manufacturers and Traders (SMMT), with buyers often electing to wait until March and the new number plate.
The good news is that it was the 19th month of consecutive growth in the UK. However, fleets and businesses were responsible for the entirety of February’s increase, with registrations up 25.2% and 15.5% respectively.
Private uptake continued to struggle, with a -2.6% decline to record a 33.7% market share.
Best-selling new cars (Feb 2024)
1. Ford Puma – 2,535
2. Volkswagen Golf – 2,203
3. Volkswagen T-Roc – 1,986
4. Kia Sportage – 1,948
5. Audi A3 – 1,835
6. Mini – 1,828
7. BMW 1 Series – 1,815
8. Tesla Model Y – 1,777
9. Nissan Qashqai – 1,616
10. Vauxhall Mokka – 1,513
