IUX24
TopMarketWorldEconomyFinanceTechnologyBusinessPoliticsAnalysis & Opinion

SMMT raises 2026 UK new car sales forecast to 2.1 million

SMMT raised its 2026 UK car sales forecast to 2.1 million units after April registrations rose 24%. The group trimmed its zero-emission vehicle outlook.

Xurve View
Insights:

The Society of Motor Manufacturers and Traders expects United Kingdom new car registrations to reach 2.1 million units by 2026. This revised outlook marks an upgrade from 2.05 million units despite geopolitical risks involving Iran. Investors are monitoring the 1.7% drop in zero-emission vehicle market share forecasts as consumer demand for electric models cools.

UK Market Resilience and Growth Forecasts
IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.