Total UK new car registrations fell -2.5% YoY in January, down from the -0.2% YoY decline reported in December.

• Gas-powered car registrations fell -15.3% YoY, losing substantial market share to start 2025.
• Battery powered electric vehicles saw sales surge 41.6% YoY which caused its market share in January to increase from 14.7% in 2024 to 21.3% in 2025.