Deloitte comments on SMMT new car registration figures for September
Jamie Hamilton, automotive partner and head of electric vehicles at Deloitte, said:
“A tenth consecutive month of growth in new car registrations is a testament to the resilience of the market, despite the obvious headwinds facing the industry. September’s plate change no doubt helped to uplift sales, with an increase registered across all sales types.
“The high cost of fuel will likely be incentivising some drivers to switch to electric, as seen in the supercharged growth in the electric market last month. At the same time, competition and variety of deals are also positioning EVs as an attractive option for more consumers than ever. As the industry continues to invest heavily on developing exciting and accessible new models to bring to the market, future momentum will also rely on clearer guidance for both consumers and manufacturers on long term policies. This clarity, paired with ongoing investment in charging infrastructure, could pave a road towards even stronger growth.”
ENDS
About Deloitte
In this press release references to Deloitte are references to Deloitte in the United Kingdom. The information contained in this press release is correct at the time of going to press.
In the United Kingdom, Deloitte LLP is a limited liability partnership registered in England and Wales with registered number OC303675 and its registered office at 1 New Street Square, London EC4A 3HQ, United Kingdom.
Deloitte LLP’s affiliate (Deloitte Management Services Limited) is a shareholder in Deloitte EMEA BV (Deloitte EMEA). Deloitte EMEA is a member firm of Deloitte Touche Tohmatsu Limited (DTTL). DTTL and Deloitte EMEA do not provide services to clients. Services may be provided by other Deloitte entities within the global network of member firms, each of which are separate and independent legal entities. Please see www.deloitte.com/about to learn more about our global network of member firms.