Deloitte comments on SMMT car reg figures for March 2025

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

“The arrival of the new ‘25’ registration plate delivered a welcome boost to new car sales in March, reversing the recent downward trend. This is particularly significant given that March consistently ranks as the most critical month for the automotive industry, with over 357,000 new cars hitting the roads.

"The consistent growth of the battery electric vehicle market in recent months highlights some positive indicators for the future, with fleet sales continuing to dominate the lion’s share of the market. Private demand is picking up, but challenges remain in addressing concerns around access to charging points and the time it takes to charge an electric vehicle.

“We’re also still waiting on the output from the government's consultation on the Zero Emission Vehicle Mandate. The industry needs clarity if the transition to electric is going to continue at pace.

“However, recent developments on the Industrial Strategy, with its commitment to substantial investment – including hundreds of millions of pounds earmarked for expanding semiconductor production in Wales – is a very positive step. This dedication to nurturing a resilient and globally competitive EV supply chain here in the UK, is exactly the type of initiative that will propel growth and solidify the country’s position in sustainable mobility.”

ENDS