Helping you stay informed about the industry’s most important trends & topics.
Discover Insight Quarterly.
Data Dashboard
A snapshot of the latest UK automotive retail, production & wholesale data.
Retail and production
Car
New car registrations
179,263
(June '24 +1% YoY)
1,006,763
('24 YTD, +6.0% YTD)
i
SMMT
The number of new cars registered in the UK every month.
Updated: 07/05/2024
New car forecast
2.2m
(upside)
2.1m
(baseline)
1.9m
(downside)
i
Cox Automotive
The Cox Automotive new car registration forecast - 2024 full year.
Updated: 20/05/2024
Used car transactions
1,967,923
(Q1 '24, +6.5% YOY)
1,967,923
('24 YTD, +6.5% YOY)
i
SMMT
The number of used cars sold in the UK every quarter.
Updated: 20/05/2024
Used car forecast
7.67m
(upside)
7.35m
(baseline)
7.11m
(downside)
i
Cox Automotive
Cox Automotive used car transactions forecast - 2024 full year.
Updated: 20/05/2024
UK new car production
69.652
(May '24, -11.9% YOY)
353,401
('24 YTD, -3.2% YOY)
i
SMMT
The number of new cars manufactured in the UK each month.
Updated: 05/07/2024
Retail margin
£2,263
(Jun '24, +£61 MOM)
i
Dealer Auction
The average margin between cars bought on Dealer Auction and retailed on Auto Trader.
Updated: 05/07/2024
Retail demand
+11%
(May '24, YOY)
i
Auto Trader
Demand is a measure of consumer response on Auto Trader used car adverts.
Updated: 05/07/2024
Used car supply
-3%
(May '24, YOY)
i
Auto Trader
Supply is the level of used car stock in the market.
Updated: 05/07/2024
Market health
+13%
(May '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: 05/07/2024
Median days before sold
29
(May '24, +1 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
£7,111
(Jun ' 24, +£120 MOM)
i
Manheim
The average sold price of used cars at Manheim Auction Services.
Updated: 05/07/2024
Wholesale price index
93
(Jun '24, -3 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: 05/07/2024
Average mileage
69k
(Jun '24, -1k MOM)
i
Manheim
The average mileage of used cars at Manheim Auction Services.
Updated: 05/07/2024
Average age
101.2
(Jun '24, -2.2 MOM)
i
Manheim
The average sold price of used cars at Manheim Auction Services.
Updated: 05/07/2024
First-time conversions
79%
(Jun '24, -0.5% MOM)
i
Manheim
The percentage of used cars sold first time at Manheim Auction Services.
Updated: 05/07/2024
CAP value movements
-0.1%
(Jun '24, MOM)
i
cap hpi
The average change at 3-year/60k miles in used cars CAP values each month.
Updated: 05/07/2024
Wholesale supply index
69.2
(Jun '24, +16.4 MOM)
i
Manheim
This index tracks the supply of wholesale vehicles relative to January 2020 supply levels.
Updated: 05/07/2024
Wholesale demand index
77.5
(Jun '24, +0.0 MOM)
i
Manheim
This index tracks the demand for wholesale vehicles relative to whatever the start date was demand levels.
Updated: 05/07/2024
Commentary
"The SMMT’s latest new market figures continue to paint a generally positive picture overall, but as always, the real story is in the details. Battery electric cars are gaining ground, but their overall adoption remains steady rather than soaring, and most registrations stem from fleets rather than private buyers.
"The low proportion of private registrations shows that consumers are still cautious. The industry unanimously calls on the next government to support the automotive sector and consumers in transitioning to EVs. The critical question now is whether we will see action. We’re unlikely to see a significant shift in the market performance this year."
Philip Nothard - Insight & Strategy Director
Updated: 05/07/24
Retail and production
Commercial vehicle
New LCV registrations
33,066
(June '24, -4.5% YOY)
177,620
('24 YTD, +4.5 % YTD)
i
SMMT
The number of new LCVs registered in the UK each month.
Updated: 05/07/2024
Used LCV transactions
256,286
(Q4 '21, -7% YOY)
495,592
(+28% YTD)
i
SMMT
The number of used LCVs sold in the UK every quarter.
Updated: 05/07/2024
UK LCV production
4,400
(May '24, -59.3% YOY)
45,439
('24 YTD, -3.2% YOY)
i
SMMT
The number of new LCVs manufactured in the UK each month.
Updated: 05/07/2024
New HGV registrations
11,068
(Q1 '24, -3.9% YOY)
11,068
(-3.9% '23 YTD)
i
SMMT
The number of new HGVs registered in the UK each quarter.
Updated: 05/07/2024
Wholesale
Commercial vehicle
Average sold price
£7,817
(Jun '24, -£834 MOM)
i
Manheim
The average sold price of used LCVs at Manheim Auction Services
Updated: 05/07/2024
Average age
66
(Jun '24, +3.9 MOM)
i
Manheim
The average age in months of used LCVs at Manheim Auction Services.
Updated: 05/07/2024
Average mileage
82k
(Jun '24, +2.7k MOM)
i
Manheim
The average mileage of used LCVs at Manheim Auction Services.
Updated: 05/07/2024
CAP average
90.1%
(Jun '24, -0.4% MOM)
i
Manheim
The average CAP performance of used LCVs sold at Manheim Auction Services.
Updated: 05/07/2024
First-time conversions
66.3%
(Jun '24, -3.4% MOM)
i
Manheim
The percentage of used LCVs sold first time at Manheim Auction Services.
Updated: 05/07/2024
CAP value movements
-3.2%
(Jun '24, MOM)
i
cap hpi
The average change at 3-year/60k miles in used LCVs CAP values each month.
Updated: 05/07/2024
Explore Insight Quarterly
Discover Insight Quarterly (IQ), our new quarterly report from Cox Automotive, helping you stay informed about the industry’s most important trends and topics.
