Report cover image

New Cars in the United Kingdom

Publisher MarketLine
Published Sep 04, 2025
Length 48 Pages
SKU # MTLN20645790

Description

New Cars in the United Kingdom

Summary

New Cars in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • New cars market includes retail sales/registrations of new passenger cars. The scope of passenger cars covers saloons, hatchbacks, SUVs, 4x4s, and light pickup vehicles. Market volume refers to the total number of cars sold in a year, while market value is calculated by multiplying the average retail selling price with the market volume.
  • The UK new cars market recorded revenues of $68.9 billion in 2024, representing a negative compound annual growth rate (CAGR) of 2.7% between 2019 and 2024.
  • Market consumption volumes declined with a negative CAGR of 3.3% between 2019 and 2024, reaching a total of 1,929,346.0 units in 2024.
  • In 2024, Germany accounted for a share of 14.0% of the European new cars market.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, and leading players in the new cars market in the United Kingdom
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the new cars market in the United Kingdom
  • Leading company profiles reveal details of key new cars market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the United Kingdom new cars market with five year forecasts by both value and volume
Reasons to Buy
  • What was the size of the United Kingdom new cars market by value in 2024?
  • What will be the size of the United Kingdom new cars market in 2029?
  • What factors are affecting the strength of competition in the United Kingdom new cars market?
  • How has the market performed over the last five years?
  • Who are the top competitors in the United Kingdom's new cars market?

Table of Contents

48 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market share
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players?
7.3. What strategies do the leading players follow?
7.4. What are the strengths of the leading players?
7.5. What are the recent developments in the market?
8 Company Profiles
8.1. Renault-Nissan-Mitsubishi Alliance
8.2. Hyundai Motor Co
8.3. Volkswagen AG
8.4. Stellantis NV
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: United Kingdom new cars market value: $ billion, 2019-24
Table 2: United Kingdom new cars market volume: units, 2019-24
Table 3: United Kingdom new cars market geography segmentation: $ billion, 2024
Table 4: United Kingdom new cars market value forecast: $ billion, 2024-29
Table 5: United Kingdom new cars market volume forecast: units, 2024-29
Table 6: United Kingdom new cars market share: % share, by volume, 2024
Table 7: Renault-Nissan-Mitsubishi Alliance: Key Facts
Table 8: Renault-Nissan-Mitsubishi Alliance: Key Employees
Table 9: Hyundai Motor Co: Key Facts
Table 10: Hyundai Motor Co: Annual Financial Ratios
Table 11: Hyundai Motor Co: Key Employees
Table 12: Hyundai Motor Co: Key Employees Continued
Table 13: Volkswagen AG: Key Facts
Table 14: Volkswagen AG: Annual Financial Ratios
Table 15: Volkswagen AG: Key Employees
Table 16: Volkswagen AG: Key Employees Continued
Table 17: Stellantis NV: Key Facts
Table 18: Stellantis NV: Annual Financial Ratios
Table 19: Stellantis NV: Key Employees
Table 20: Stellantis NV: Key Employees Continued
Table 21: United Kingdom Size of Population (Million), 2020-24
Table 22: United Kingdom Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 23: United Kingdom GDP (Current Prices, $ Billion), 2020-24
Table 24: United Kingdom Inflation, 2020-24
Table 25: United Kingdom Consumer Price Index (Absolute), 2020-24
Table 26: United Kingdom Exchange Rate, 2019-24
List of Figures
Figure 1: United Kingdom new cars market value: $ billion, 2019-24
Figure 2: United Kingdom new cars market volume: units, 2019-24
Figure 3: United Kingdom new cars market geography segmentation: % share, by value, 2024
Figure 4: United Kingdom new cars market value forecast: $ billion, 2024-29
Figure 5: United Kingdom new cars market volume forecast: units, 2024-29
Figure 6: Forces driving competition in the new cars market in the United Kingdom, 2024
Figure 7: Drivers of buyer power in the new cars market in the United Kingdom, 2024
Figure 8: Drivers of supplier power in the new cars market in the United Kingdom, 2024
Figure 9: Factors influencing the likelihood of new entrants in the new cars market in the United Kingdom, 2024
Figure 10: Factors influencing the threat of substitutes in the new cars market in the United Kingdom, 2024
Figure 11: Drivers of degree of rivalry in the new cars market in the United Kingdom, 2024
Figure 12: United Kingdom new cars market share: % share, by volume, 2024

Search Inside Report

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us