New Car & Light Motor Vehicle Dealers in the UK - Industry Market Research Report
Description
New Car & Light Motor Vehicle Dealers in the UK
Revenue is anticipated to plunge at a compound annual rate of 3.5% to £120.1 billion over the five years through 2023-24, including revenue growth of 3.3% in 2023-24. New car registrations have inched downwards – the result of skyrocketing fuel prices and customers delaying sales. New car sales are rising in 2023 driven by electric sales and plug-in hybrids, despite squeezed household incomes. Stricter environmental laws, like the expansion of the ULEZ zone in London, are leading to higher business sales, boosting revenue in 2023.
Companies in this industry sell new cars and other light motor vehicles. The industry includes retailers (which sell directly to consumers) and wholesalers (which sell to fleet markets). The vehicles sold must weigh less than 3.5 tonnes and include passenger cars, SUVs, specialised vehicles (like ambulances) and off-road motor vehicles. The sale of used motor vehicles or vehicles of a weight exceeding 3.5 tonnes are not included.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Revenue is anticipated to plunge at a compound annual rate of 3.5% to £120.1 billion over the five years through 2023-24, including revenue growth of 3.3% in 2023-24. New car registrations have inched downwards – the result of skyrocketing fuel prices and customers delaying sales. New car sales are rising in 2023 driven by electric sales and plug-in hybrids, despite squeezed household incomes. Stricter environmental laws, like the expansion of the ULEZ zone in London, are leading to higher business sales, boosting revenue in 2023.
Companies in this industry sell new cars and other light motor vehicles. The industry includes retailers (which sell directly to consumers) and wholesalers (which sell to fleet markets). The vehicles sold must weigh less than 3.5 tonnes and include passenger cars, SUVs, specialised vehicles (like ambulances) and off-road motor vehicles. The sale of used motor vehicles or vehicles of a weight exceeding 3.5 tonnes are not included.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
42 Pages
- ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Major Markets
Globalisation & Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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