In the UK, diesel cars declined the most, registrations nearly halving from 15,027 in June 2021 to 8003 this June.Petrol cars were again the most popular, with 62,005 registrations for a 44% market share. These too declined, however, with 24,406 fewer registered than in June 2021 .
The only segment to record growth was battery-electric cars, up 2895 from 19,842 to 22,737. Their market share also grew to 16.1%. For the year so far, registrations have fallen by 11.9% to 802,079. This, the SMMT notes, makes it the weakest first half year performance since 1992 - bar 2020, when the world was in the midst of the Covid pandemic. said: “The semiconductor shortage is stifling the new-car market even more than last year’s lockdown.
"Electric vehicle demand continues to be the one bright spot, as more electric cars than ever take to the road, but while this growth is welcome, it's not yet enough to offset weak overall volumes, which has huge implications for fleet renewal and our ability to meet overall carbon-reduction targets.
“With motorists facing rising fuel costs, however, the switch to an electric car makes ever more sense, and the industry is working hard to improve supply and prioritise deliveries of these new technologies, given the savings they can afford drivers.”
Car prices are going to crash soon.. Just like everything else is about to! I just sold mine for 1/3 more than it's worth!