MG powered ahead in the first half of 2022 with new car registrations surging 84.4%.
Dacia was the second fastest growing brand in the first six months of 2022 with registrations ahead 75.5%, in contrast to its sister brand Renault which saw registrations fall -5.5% for the period, according to figures from the SMMT. (To see list of all carmakers scroll down)
Brands performing strongly in a market hit by supply shortages of components, particularly microchips, included Polestar (+72.2%), DS (+71.4%), Cupra (+60.6%), Bentley (+47.7%) and Porsche (+43.4%).
Brands under the cosh in straitened market included Seat, whose registrations are down -50.9%, Jaguar (-43.6%), Jeep (-35.4%), Subaru (-34.9%) and Volkswagen (34.6%).
Year to date registrations reach 802,079 units – a fall of -11.9% on last year, and second weakest first half for 30 years.
Mike Hawes, SMMT chief executive, said, the semiconductor shortage was stifling the new car market more than last year’s lockdown.
“Electric vehicle demand continues to be the one bright spot, as more electric cars than ever take to the road, but while this growth is welcome it is not yet enough to offset weak overall volumes, which has huge implications for fleet renewal and our ability to meet overall carbon reduction targets.
“With motorists facing rising fuel costs, however, the switch to an electric car makes ever more sense and the industry is working hard to improve supply and prioritise deliveries of these new technologies given the savings they can afford drivers.”