Car Sales Drop In August

Mon 7th Sep 2020

The pandemic continues to bite into the motor industry with news that August new car registrations were down on the previous year.

While the drop wasn’t as dramatic as the 97 per cent slump at the height of the pandemic, the slip of 5.8 per cent from 92,573 to 87,226. Though the sales may be worrying to industry insiders, there is the hope that many car buyers may have been waiting for the new registrations to kick in in September.

It wasn’t all doom and gloom, electric vehicles saw a stunning 77.6 per cent increase year-on-year and PHEVs even larger with a 221 per cent jump.

Hybrids have taken a record 17 per cent share of the market, all of which spelt bad news for internal combustion engines. Petrol sales dropped by 14.7 per cent, with diesel again seeing a significant fall of 39.5 per cent.

Speaking about sales, Mike Hawes from the Society of Motor Manufacturers and Traders said: “The decline is disappointing, following some brief optimism in July. However, given August is typically one the new car market’s quietest months, it’s important not to draw too many conclusions from these figures alone. With the all-important plate change month just around the corner, September is likely to provide a better barometer.”