The UK automobile parc, the variety of cars registered for UK roads, reached 35.7 million by the tip of 2023, in line with the Society of Motor Manufacturers’ Motorparc database.
That total comes after the UK’s strongest post-pandemic latest automobile market last yr.
The information confirms, nevertheless, that franchised dealer networks could possibly be missing an enormous opportunity in aftersales from specializing in young cars, particularly as electrification ramps up, as two in three of all cars currently are older than seven years.
Almost one in three cars has been on the road for not less than 12 years, which is a testament to the production and engineering quality developed by the worldwide automotive industry because the Nineteen Eighties.
Nonetheless the SMMT identified that the ‘implied scrappage rate’ has fallen to the bottom level on record, and it reiterates its message to the UK Government that providing consumers with some level of monetary incentives, much like the tax benefits enjoyed by company automobile drivers who select zero emission latest cars, “would help dramatically decarbonise UK road transport”.
It highlights that, despite the record variety of motors on the road, average automobile CO2 dropped -2.1%. Nonetheless a -11.5% drop is emissions was recorded in the corporate automobile segment, where each drivers and corporations are incentivised to decide on lower emission models and where cars are typically lower than five years old.
Overall, of all cars registered for UK roads only 4.3% are plug-in cars (2.7% battery electric, 1.6% PHEV).
Of all of the 5 million vans and light-weight industrial vehicles on UK roads, just 1.3% are plug-in (1.2% battery electric, 0.1% PHEV).
Mike Hawes, SMMT chief executive, said, “After two difficult years of constrained supply, more people and businesses across the UK are actually getting back behind the wheel – and increasingly, choosing greener options. Nonetheless, given the ageing fleet, we now must encourage consumers and businesses who’ve deferred purchases of recent cars, vans, trucks and buses to upgrade.
“A stronger and stable economy, coupled with reduced living costs, would boost consumer and business confidence, while compelling fiscal incentives would make sure that these purchases are emissions free. Not only would this speed up the transition – fundamental to the UK’s net zero ambitions – but it surely would also stimulate the economy and enhance the broader environment wherein all of us live.”
This Article First Appeared At www.am-online.com
