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Deloitte comments on new SMMT car reg figures for September 2024

Jamie Hamilton, automotive partner and head of electric vehicles at Deloitte said:

“It’s encouraging to see car sales increasing a percentage point year-on-year in September. We expect demand to further increase as figures from Deloitte’s upcoming consumer tracker show that 7.2% of consumers plan to buy a new or used car in the next three months, up from 6.6% last quarter.

“The new ‘74’ plates will have certainly helped growth in September, as the market introduces incentives and discounts to encourage new car purchases.

“While sales of battery electric vehicles (BEVs) continue to show slow but steady growth, the figures are still below the required 22% market share, as set out in the zero-emission vehicle mandate.

“As well as price, the overriding concerns on access to electric vehicle charging points remain consistent – our Deloitte consumer tracker found that those who have access to off street parking charging points are twice as likely to consider an EV than those who don’t.

“As the market continues to offer incentives to encourage the sale of more electric vehicles, it is important to consider at the same time, the faster rollout of public charging points.”

ENDS