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Data Dashboard
A snapshot of the latest UK automotive retail, production & wholesale data.
Retail and production
Car
New car registrations
153,610
(Nov '24 -1.9% YoY)
1,811,922
('24 YTD, +2.8% YTD)
i
SMMT
The number of new cars registered in the UK every month.
Updated: 05/12/2024
New car forecast (2025)
2.30m
(upside)
2.04m
(baseline)
1.74m
(downside)
i
Cox Automotive
The Cox Automotive new car registration forecast - 2024 full year.
Updated: 04/12/2024
Used car transactions
1,884,160
(Q3 '24, +4.3% YOY)
5,897,129
('24 YTD, +6.0% YOY)
i
SMMT
The number of used cars sold in the UK every quarter.
Updated: 04/12/2024
Used car forecast (2025)
7.80m
(upside)
7.48m
(baseline)
7.13m
(downside)
i
Cox Automotive
Cox Automotive used car transactions forecast - 2024 full year.
Updated: 04/12/2024
UK new car production
77,484
(Oct '24, -15.3% YOY)
670,346
('24 YTD, -10.8% YOY)
i
SMMT
The number of new cars manufactured in the UK each month.
Updated: 04/12/2024
Retail margin
£2,252
(Nov '24, +£100 MOM)
i
Dealer Auction
The average margin between cars bought on Dealer Auction and retailed on Auto Trader.
Updated: 04/12/2024
Retail demand
+6%
(Nov '24, YOY)
i
Auto Trader
Demand is a measure of consumer response on Auto Trader used car adverts.
Updated: 04/12/2024
Used car supply
-7%
(Nov '24, YOY)
i
Auto Trader
Supply is the level of used car stock in the market.
Updated: 04/12/2024
Market health
+13%
(Nov '24, YOY)
i
Auto Trader
Market Health is the balance between supply and demand indicating whether the used car market is stronger or weaker than previously.
Updated: 04/12/2024
Median days before sold
31
(Nov '24, +2 YOY)
i
Auto Trader
Market Health is the balance between supply and demand indicating whether the used car market is stronger or weaker than previously.
Updated: 05/07/2024
Wholesale
Car
Average sold price
£7,542
(Nov ' 24, -£265 MOM)
i
Manheim
The average sold price of used cars at Manheim Auction Services.
Updated: 04/12/2024
Wholesale price index
95.1
(Nov '24, -1 MOM)
i
Manheim
This index tracks the price performance of 2–4-year-old, 50K-70K, grade 1 to 5 cars sold through Manheim auctions relative to January 2020 prices.
Updated: 04/12/2024
Average mileage
69k
(Nov '24, +0k MOM)
i
Manheim
The average mileage of used cars at Manheim Auction Services.
Updated: 04/12/2024
Average age
101.6
(Nov '24, -1.4 MOM)
i
Manheim
The average sold price of used cars at Manheim Auction Services.
Updated: 04/12/2024
First-time conversions
83%
(Nov '24, -3.5% MOM)
i
Manheim
The percentage of used cars sold first time at Manheim Auction Services.
Updated: 04/12/2024
CAP value movements
-1.6%
(Dec '24, MOM)
i
cap hpi
The average change at 3-year/60k miles in used cars CAP values each month.
Updated: 04/12/2024
Wholesale supply index
69.6
(Nov '24, +5.3 MOM)
i
Manheim
This index tracks the supply of wholesale vehicles relative to January 2020 supply levels.
Updated: 04/12/2024
Wholesale demand index
77.1
(Nov '24, -9.6 MOM)
i
Manheim
This index tracks the demand for wholesale vehicles relative to whatever the start date was demand levels.
Updated: 04/12/2024
Commentary
“The UK new car market continued to contract in November, with registrations down -1.9%, falling -2.3% below the 2000-2019 average but within just 11 registrations of November 2019. While electric vehicles (EVs) saw impressive growth, rising 58.4% year-on-year and reaching 25.1% market share, this performance relied heavily on unsustainable manufacturer discounts totalling £4 billion across 2024. Fleet registrations remain the primary driver of EV adoption, while private registrations continue to face significant headwinds, highlighting affordability and infrastructure concerns.
This result underscores the industry’s challenges in meeting the Zero-Emission Vehicle (ZEV) mandate, with year-to-date BEV market share at 18.7%, still below the 22% target for 2024. While November’s performance supports our 2.0m forecast for the year, it also signals the critical need for urgent government intervention. Without accelerated infrastructure rollout, robust consumer incentives, and clear market regulation, the sector risks falling short of the ambitious targets set for 2025 and beyond.”
Philip Nothard - Insight & Strategy Director
Updated: 05/12/24
Retail and production
Commercial vehicle
New LCV registrations
30,300
(Nov '24, +10.5% YOY)
324,613
('24 YTD, +4.1 % YTD)
i
SMMT
The number of new LCVs registered in the UK each month.
Updated: 05/12/2024
UK LCV production
12,387
(Oct '24, -3.9% YOY)
105,834
('24 YTD, +6.9% YOY)
i
SMMT
The number of new LCVs manufactured in the UK each month.
Updated: 04/12/2024
New HGV registrations
10,839
(Q3 '24, -6.0% YOY)
33,376
(-2.5% '24 YTD)
i
SMMT
The number of new HGVs registered in the UK each quarter.
Updated: 04/12/2024
Wholesale
Commercial vehicle
Average sold price
£7,614
(Nov '24, +£443 MOM)
i
Manheim
The average sold price of used LCVs at Manheim Auction Services
Updated: 04/12/2024
Average age
69
(Nov '24, -1.2 MOM)
i
Manheim
The average age in months of used LCVs at Manheim Auction Services.
Updated: 04/12/2024
Average mileage
79k
(Nov '24, -2k MOM)
i
Manheim
The average mileage of used LCVs at Manheim Auction Services.
Updated: 04/12/2024
CAP average
98.8%
(Nov '24, +0.6% MOM)
i
Manheim
The average CAP performance of used LCVs sold at Manheim Auction Services.
Updated: 04/12/2024
First-time conversions
81.4%
(Nov '24, +0.1% MOM)
i
Manheim
The percentage of used LCVs sold first time at Manheim Auction Services.
Updated: 04/12/2024
CAP value movements
-0.7%
(Nov '24, MOM)
i
cap hpi
The average change at 3-year/60k miles in used LCVs CAP values each month.
Updated: 04/12/2024
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Discover Insight Quarterly (IQ), our new quarterly report from Cox Automotive, helping you stay informed about the industry’s most important trends and topics.
