Cars Registered in July

Cars Registered in July

HRUX is pleased to share the Society of Motor Manufacturers and Traders (SMMT) new car registration data for July. Overall volumes remain depressed at 112,162 units, down 9% from July 2021, and we continue to track towards less than 1.5m registrations for all of 2022,...
2022 could be lowest number of registered cars since 1990’s

2022 could be lowest number of registered cars since 1990’s

We’d like to take a moment to remember the approx 2.3 million cars NOT sold in the UK over the last 3 years. At average prices in each respective year, that’s an economic loss to the economy of circa £91bn and means that HM Treasury didn’t collect around £15bn...
The first 6 months of car registrations

The first 6 months of car registrations

It seems that often now we speak about time based on covid rather than actual years, “last time I went on holiday was the year before covid”, or “she got married during covid”. Well I thought I would keep with this trend going by taking a look into car registrations...
Cars Registered in June

Cars Registered in June

As usual, we are sharing the update for June UK car registrations based on data released by the Society of Motor Manufacturers and Traders (SMMT). Points to note: In general, we see much lower registrations this year compared to last (In 2021 for Jan – June, 910k cars...
How do we reimburse for electric cars?

How do we reimburse for electric cars?

Mr Brown goes off to town on the 8:21….. or at least he would if the trains were running. So instead he drives his new electric car. The car has a 280 mile range and he charges it overnight using a 7.5kwh “smart” home-charger at the equivalent of 3p per mile. The town...
Cars Registered in May

Cars Registered in May

The Society of Motor Manufacturers and Traders (SMMT) registration data for May is now out and reflects the trends we’ve seen over the last three years. The usual graph is below, showing the split between fuel types month on month for the last 13. Would it be...