KPMG comments on new car registration figures for April

KPMG comments on new car registration figures for April

Andrew Burn, Partner and Head of Automotive at KPMG, comments on the SMMT’s new car registration figures for April 2020, which recorded a drop of 97.3% year-on-year.


Also on

He said:Given the commencement of lockdown on 23 March 2020, it is no surprise that car sales in the UK have plummeted, very much in line with expectations. In some ways the sales drop would appear on the face of it to actually be more pronounced than the European results we saw in March suggested.

“Again, it’s unsurprising that the majority of sales were fleet as pre-COVID-19 orders were fulfilled. I expect this will most likely drop dramatically as many companies will probably have cancelled orders as part of their rapid cost reduction/cash preservation actions as the country went into lockdown.

“The key questions that cannot be determined currently are what the level of post-lockdown sales will be and whether we will see consumers move away from public transport to cars when lockdown ends but social distancing continues - particularly if it continues for up to a year. We are already seeing indications of significant price discounting in the sector over the last few weeks to stimulate some sales, but with a significant proportion of the working population in the UK being furloughed, this is likely to drive low consumer confidence and low car sales.”


For media enquiries only, please contact:
Jo Chileshe, KPMG Corporate Communications
T: +44 (0)121 232 3343
M: +44 (0)7919 211 803

Follow us on twitter: @kpmguk

KPMG Press Office: +44 (0)207 694 8773

About KPMG in the UK

KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 17,600 partners and staff.  The UK firm recorded a revenue of £2.40 billion in the year ended 30 September 2019. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 147 countries and territories and has more than 219,000 people working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity.  Each KPMG firm is a legally distinct and separate entity and describes itself as such. 

© 2021 KPMG LLP a UK limited liability partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.

For more detail about the structure of the KPMG global organisation please visit

Connect with us


Want to do business with KPMG?


loading image Request for proposal

Save, Curate and Share

Save what resonates, curate a library of information, and share content with your network of contacts.

Sign up today