UK January new car sales rise to best in six years, industry data shows
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UK new car sales increased by 3.4% in January, reaching the highest level in six years with 144,127 units registered. The rise indicates stabilizing demand, particularly in private purchases and a shift towards greener models. However, electric vehicle sales grew only 0.1%, with Tesla's sales halving to 718 units, while BYD's sales surged to 4,021 units. The Society of Motor Manufacturers and Traders (SMMT) has raised its annual forecast for UK car sales to 2.048 million units, reflecting optimism for growth despite a dip in EV market share.
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