The UK new car market experienced a slight uptick in October, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT). This growth comes as a welcome development after months of stagnation, with a noticeable rise in the registration of new vehicles. Consumer demand has shown signs of recovery, particularly in the electric vehicle segment, reflecting broader economic resilience in the face of fiscal challenges. Meanwhile, automotive industry stakeholders are optimistic about sustained momentum into the coming months, driven by innovative models and government incentives. However, ongoing supply chain issues and economic uncertainties remain potential hurdles. October’s performance highlights the industry’s adaptation to evolving market trends and the potential impact of policy decisions on future growth. Understanding these dynamics is crucial for automotive manufacturers, car dealers, and consumers alike.
ReutersNew data shows smarter solutions to change-of-mind returns as retailers crack down
August 3, 2026
In a bid to address the rising costs associated with change-of-mind returns, many retailers are implementing stricter policies. However, recent data suggests that a more