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USED CAR MARKET RECORDS 5.5% GROWTH IN 2024, EVS REACH RECORD MARKET SHARE

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NFDA 10/02/2025

In 2024, the used car market grew by 5.5%, reaching 7,643,180 transactions. From October to December, transactions increased by 4.0% to 1,746,051, marking eight consecutive quarters of growth.

Throughout the year, demand for used battery electric vehicles (BEVs) surged by 57.4%, reaching a record 188,382 units and setting a new market share high of 2.5%, up from 1.7% in 2023. Sales of plug-in hybrids (PHEVs) and hybrids (HEVs) also saw significant growth, rising by 32.2% to 92,120 units and 39.3% to 306,114 units, respectively.

Petrol and diesel vehicles made up 92.1% of all used car transactions, a slight decrease from 94.3% the previous year. Petrol remained the leading choice, rising by 6.8% to represent 57.1% of the market, while diesel transactions declined by -2.4%, accounting for 35.0% of all sales.

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2025 BEGINS WITH DOWNTURN IN THE NEW MOTORCYCLE MARKET, NMDA WELCOMES POTENTIAL REVIEW OF TRAINING, TESTING, AND LICENSING REGULATIONS

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07/02/2025

In January, there was a -30.5% decrease in total registrations, from 6,043 to 4,201 units. Total motorcycle sales declined by -30.4% from 5,656 to 3,936 units, whilst moped registrations also dropped by -35.3% to 231 units. The majority of motorcycle categories experienced declines during the month, ‘Modern Classic’ saw a decrease of -13.3% for the month to 547 units. ‘Adventure’ dropped by -35.0% to 734 units. ‘Touring’ grew by 48.8% from 80 to 119 units. Electric motorcycles experienced a decline, with registrations dropping from 253 to 172 units, a decrease of -32.0%.

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LCV MARKET DECLINES BY -20.5% IN JANUARY, EV UPTAKE RISES FOR FOURTH CONSECUTIVE MONTH

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NFDA 05/02/2025

In January, Light Commercial Vehicle (LCV) dealers registered a total of 19,050 new vans and light commercials, a decrease of -20.5%.

The heavier sectors of LCVs saw declines, with 2.0-2.5t sized vans dropping to 3,507 units from 5,040 units, a -30.4% decrease. The heavier, and most popular sized vans (2.5-3.5t) also saw a drop to 11,537 units from 14,839 units, a -22.3% decrease.

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NMDA at Motorcycle Live

NMDA 29/11/2022

The NMDA’s collaboration with MCIA and Bike Jobs on the Motorcycle Industry Careers Hub stand at Motorcycle Live was a great success and had attracted over 60 registrations of interest in careers after just 4 days in. The Hub gave people the opportunity to look at Job Vacancies through the Bike Jobs website and talk to the team about how to get a start in the Motorcycle Industry.

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NMDA COMMENTS ON PTW REGISTRATION FIGURES

NMDA 22/12/2021

“Despite Covid’s best efforts to scupper another full year of trading for motorcycle dealers, November’s registration figures (up 21.9% year on year) and subsequent 2021 year to date figures (up 12.1%) show a continued demand for Power Two Wheelers (PTWs) and consumer confidence in the sector” comments Paddy O’Connell, Head of NMDA.

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NMDA COMMENTS ON PTW REGISTRATION FIGURES

NMDA 16/12/2021

“Despite Covid’s best efforts to scupper another full year of trading for motorcycle dealers, November’s registration figures (up 21.9% year on year) and subsequent 2021 year to date figures (up 12.1%) show a continued demand for Power Two Wheelers (PTWs) and consumer confidence in the sector” comments Paddy O’Connell, Head of NMDA.

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