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Revenue is anticipated to grow at a compound annual rate of 0.4% to £146.6 billion over the five years through 2024-25, inducing a projected revenue growth of 3.6% in 2024-25, when the average profit margin is set to sit at 7.1%. New car registrations inched downwards in 2021-22 due to skyrocketing fuel prices and customers delaying sales. New car sales have been rising since 2022-23, driven by electric sales and plug-in hybrids, despite squeezed household incomes. According to the SMMT, rising sales in 2024-25 are driven by commercial and fleet customers. Stricter environmental laws, like the expansion of the ULEZ zone in London, are leading to higher business sales and elevating revenue.
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IBISWorld's research coverage on the New Car & Light Motor Vehicle Dealers industry in the United Kingdom includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released April 2025.
The New Car & Light Motor Vehicle Dealers industry in the United Kingdom operates under the SIC industry code G45.111. Companies in this industry sell new cars and other light motor vehicles. The industry includes retailers (which sell directly to consumers) and wholesalers (which sell to fleet markets). The vehicles sold must weigh less than 3.5 tonnes and include passenger cars, SUVs, specialised vehicles (like ambulances) and off-road motor vehicles. Related terms covered in the New Car & Light Motor Vehicle Dealers industry in the United Kingdom include light motor vehicle, sports utility vehicle and alternatively fuelled vehicle.
Products and services covered in New Car & Light Motor Vehicle Dealers industry in the United Kingdom include Hatchbacks, Saloons and Estates.
Companies covered in the New Car & Light Motor Vehicle Dealers industry in the United Kingdom include Volkswagen Group United Kingdom Ltd, Sytner Group Ltd and Pinewood Technologies Group plc.
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the New Car & Light Motor Vehicle Dealers industry in the United Kingdom.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the New Car & Light Motor Vehicle Dealers industry in the United Kingdom.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the New Car & Light Motor Vehicle Dealers industry in the United Kingdom.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the New Car & Light Motor Vehicle Dealers industry in the United Kingdom. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
The Companies chapter covers Key Takeaways, Market Share and Companies in the New Car & Light Motor Vehicle Dealers industry in the United Kingdom. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the New Car & Light Motor Vehicle Dealers industry in the United Kingdom. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the New Car & Light Motor Vehicle Dealers industry in the United Kingdom. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the New Car & Light Motor Vehicle Dealers industry in the United Kingdom.
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The market size of the New Car & Light Motor Vehicle Dealers industry in the United Kingdom is £146.6bn in 2026.
There are 9,152 businesses in the New Car & Light Motor Vehicle Dealers industry in the United Kingdom, which has declined at a CAGR of 0.0 % between 2020 and 2025.
The New Car & Light Motor Vehicle Dealers industry in the United Kingdom is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
The New Car & Light Motor Vehicle Dealers industry in the United Kingdom is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
The market size of the New Car & Light Motor Vehicle Dealers industry in the United Kingdom has been growing at a CAGR of 0.4 % between 2020 and 2025.
Over the next five years, the New Car & Light Motor Vehicle Dealers industry in the United Kingdom is expected to grow.
The biggest companies operating in the New Car & Light Motor Vehicle Dealers industry in the United Kingdom are Volkswagen Group United Kingdom Ltd, Sytner Group Ltd and Pinewood Technologies Group plc
Hatchbacks and Saloons are part of the New Car & Light Motor Vehicle Dealers industry in the United Kingdom.
The company holding the most market share in the New Car & Light Motor Vehicle Dealers industry in the United Kingdom is Volkswagen Group United Kingdom Ltd.
The level of competition is high and increasing in the New Car & Light Motor Vehicle Dealers industry in the United Kingdom.