In March, new car registrations underperformed considering it was ’22’ plate change month. Electric Vehicles however, remain as the industry spotlight.

Overall, new car sales experienced a -14.3% decrease in March compared to the same month last year, the latest SMMT figures showed. In total, 243,479 new cars were registered in March.

In March, Battery electric vehicles (BEVs) registration continued to uphold the market, experiencing an increase of 78.7%, plug-in hybrids (PHEVs) fell from 17,330 units in 2021 to 16,037 units in 2022 (-7.5%). Registrations of diesel and petrol vehicles declined -55.2%  and -25.6% respectively. Hybrid electric vehicles rose by 28.4% compared to last year.

SMMT figures showed combined battery electric and plug-in hybrid vehicles accounted for 22.7% of new vehicles hitting the road (55,352 units). BEVs accounted for 16.1% and PHEVs 6.6% respectively.

Sue Robinson, NFDA Chief Executive, said: “New car sales fell in March as supply constraints continue to impact the market; underlying demand for new and used vehicles remains stable despite industry headwinds and external factors affecting confidence.

“On a positive note, sales of electrified vehicles performed very well in March accounting for more than one in three new cars registered; we expect this trend to continue as brands introduce new models and retailers help customers choose their next EV”.