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UK new car market sees slight rise in October, SMMT data shows
Battery electric vehicles captured 25.4% market share in October, but new tax on Employee Car Ownership Schemes risks reversing growth and threatening 5,000 jobs, industry warns.
- SMMT data shows registrations rose 0.5% to 144,948 in October as fleet registrations fell 1.5% but private registrations increased 2.0%.
- Battery electric vehicle registrations rose 23.6%, adding 7,028 units last month, with government support including the Electric Car Grant credited for boosting BEV demand, industry figures say.
- The planned ECOS tax change would close Employee Car Ownership Schemes supplying around 100,000 cars yearly, threatening workers’ affordable access and market supply.
- SMMT's updated outlook predicts 2.012 million sales this year and 2.032 million in 2026, but the BEV share at 28.2% falls short of ZEV Mandate targets for 2026 and 2027.
- Industry groups are calling on the Chancellor later this month to protect EV incentives and ECOS, warning the UK automotive sector workforce accounts for around 78% of 600,000 jobs.
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UK new car market sees slight rise in October, SMMT data shows
Britain's new car market rose by just under 1% in October, according to preliminary industry data released on Wednesday, with battery electric vehicles accounting for one in every four new cars in the month.
·United Kingdom
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Evening Standard+2 Reposted by 2 other sources
New car market grew 0.5% in October
The Society of Motor Manufacturers and Traders said 144,948 new cars were registered over the month.
·London, United Kingdom
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UK new car registrations up 0.5% on-year in October amid electric rise
The UK new car market was stable in October, boosted by electric cars, data published by the Society of Motor Manufacturers & Traders, SMMT, showed Wednesday. There were 144,948 new car registrations... -November 05, 2025 at 04:18 am EST MarketScreener
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Total News Sources14
Leaning Left1Leaning Right0Center5Last UpdatedBias Distribution83% Center
Bias Distribution
- 83% of the sources are Center
83% Center
L 17%
C 83%
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