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Everything you need to make the right decisions

Providing the most comprehensive and up-to-date information and analysis of the Cars and Commercial Vehicles market, and the behaviours, preferences and habits of the consumer.

Mintel has the answers you’re looking for

What are the key challenges facing the industry? Who is the consumer and what do they want? Where are the opportunities, where are the risks and what lies ahead?

Covered in this report

For the purposes of this report, Mintel has used the following definitions:

  • Passenger cars: a road motor vehicle, other than a motor cycle, intended for the carriage of passengers and designed to seat no more than nine persons
  • Commercial vehicles: a road motor vehicle used primarily for carrying goods: ranging from light commercial vehicles, such as vans and vehicles up to 3.5 tonnes; to heavy commercial vehicles, essentially lorries. However, it excludes buses, coaches and taxis

Market Segmentation

  • Passenger Cars
  • Commercial Vehicles
  • Alernatively-fuelled Vehicles:
  • Plug in (pure electric)
  • Plug in (other electric)
  • Hybrid (petrol electric)
  • Hybrid (diesel electric)

Company Profiles

  • Daimler UK
  • Ford Motor Co Ltd
  • Peugeot Motor Company Ltd
  • Volkswagen Group UK Ltd
  • Volvo Group UK Ltd

Expert analysis from a specialist in the field

Written by Marco Amasanti, a leading analyst in the Retail sector, his extensive knowledge delivers in-depth commentary and analysis to highlight current trends and add expert context to the numbers.

The cars and commercial vehicles market contracted for a second year in 2018 amid a cocktail of challenges, both internal and external to the industry. Brexit headwinds and the exodus from diesel continue to undermine domestic sales, while production remains constrained by weakening global markets Marco Amasanti
Retail Analyst

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What's included

What's included

Table of contents

Table of contents

  1. Overview

    • What you need to know
      • Covered in this Report
      • Executive Summary

          • The market
            • Cars and commercial vehicles market contracts for a second consecutive year
                • Figure 1: UK total vehicle registrations and forecast, '000, 2014-23
              • AFV market continues to boom in 2018
                • Companies and brands
                  • Difficult trading conditions reflected in closures
                    • Global automakers hold up electric as the future of automobiles
                      • What we think
                      • Issues and Insights

                        • Brexit headwinds exacerbate challenging market conditions
                          • The facts
                            • The implications
                              • Government fuel policy and the exodus from diesel
                                • The facts
                                  • The implications
                                  • The Market – What You Need to Know

                                    • Total vehicle sales and manufacturing fall for a second consecutive year
                                      • Passenger cars underpin total decline
                                        • Alternatively-fuelled vehicles
                                          • Vehicle sales are forecast to remain flat in the coming years
                                          • Market Size

                                            • Total vehicle sales and manufacturing fall for a second consecutive year
                                              • Uncertainties continue to undermine domestic demand
                                                  • Figure 2: Total vehicle registrations, 2014-18
                                                • Vehicle manufacturing fell sharply in 2018 amid global pressures
                                                  • Export markets falter in 2018
                                                    • Figure 3: Total vehicle production, 2014-18
                                                • Market Segmentation

                                                    • Passenger cars underpin total decline
                                                      • Car sales see biggest fall since financial crisis
                                                        • Car production stutters as investment into the sector nearly halves
                                                          • Figure 4: Passenger cars registration and production, 2014-18
                                                        • Commercial vehicles sector performs more stably
                                                          • Figure 5: Commercial vehicles registration and production, 2014-18
                                                      • Alternatively-Fuelled Vehicles

                                                          • AFVs continue double-figure sales growth
                                                              • Figure 6: Alternatively-fuelled vehicles registrations, 2014-18
                                                            • Growth remains underpinned by hybrids
                                                              • Figure 7: Alternatively-fuelled vehicles registrations, by type, 2017 and 2018
                                                            • Changes to the Plug-In Car Grant
                                                              • What this could mean for AFVs
                                                              • Market Forecast

                                                                • Vehicle sales are forecast to remain flat in the coming years
                                                                    • Figure 8: UK vehicle registration market forecast, '000, 2019-23
                                                                  • Commercial vehicles to further outperform cars
                                                                    • Figure 9: UK vehicle registration market forecast, by cars and commercial vehicles, '000, 2019-23
                                                                  • Consumers remain optimistic of purchases
                                                                    • Figure 10: Intention to purchase a car in the next three years, November 2018
                                                                  • AFV sector forecast to break 300,000 annual sales by 2023
                                                                      • Figure 11: Forecast alternatively-fuelled vehicles registrations, 2019-23
                                                                  • The Impact of the Economy

                                                                    • Disposable incomes continue to grow steadily but consumer confidence remains low
                                                                        • Figure 12: Gross disposable income per head, current price, £, Q1 2014-Q4 2018
                                                                    • Market Trends

                                                                      • Uncertain consumer landscape is compounded by market difficulties
                                                                        • Exacerbating market difficulties
                                                                          • Reasons for hope in 2019
                                                                            • Figure 13: Mintel financial confidence tracker, January 2016-February 2019
                                                                          • The fleet sector maintains dominance but increasingly challenged by uncertainty
                                                                            • Figure 14: Car registrations by sales type, % of total, 2018
                                                                          • Global market
                                                                            • The strain of uncertainty continues to limit EU exports
                                                                              • Weakening Chinese demand drives the importance of other export markets
                                                                                  • Figure 15: UK top car export destinations, % of exports, 2018
                                                                              • Market Drivers

                                                                                • Industry struck by a series of closures
                                                                                  • Continued strain of Brexit uncertainty
                                                                                    • Falling demand from China
                                                                                      • Back to Japan
                                                                                        • A costly shift in global consumer demand
                                                                                          • The drive to ultra-low emissions
                                                                                            • What this means for the industry
                                                                                            • Companies and Brands – What You Need to Know

                                                                                              • Difficult trading conditions reflected in infrastructure decline
                                                                                                • Automakers continue to strive for electrification
                                                                                                  • Continued Chinese interest
                                                                                                  • Industry Structure

                                                                                                      • Changes in the structure of the industry
                                                                                                          • Figure 16: Analysis of changes in the structure of the cars and commercial vehicles industry, outlets and businesses, 2014-18
                                                                                                        • Structure by employment
                                                                                                          • Figure 17: Analysis of the employment structure of the cars and commercial vehicles industry, number of outlets and employees, 2017 and 2018
                                                                                                        • Structure by turnover
                                                                                                          • Figure 18: Analysis of the financial structure of the cars and commercial vehicles industry, number of businesses and turnover, 2017 and 2018
                                                                                                      • Competitive Strategies

                                                                                                        • Brexit headwinds and wider uncertainties
                                                                                                          • Continued electrification efforts
                                                                                                          • Company Profiles

                                                                                                            • Daimler UK
                                                                                                              • Recent company activity
                                                                                                                • Financial information
                                                                                                                  • Figure 19: Financial analysis of Daimler UK, € million, 2014-18
                                                                                                                • Ford Motor Company Ltd
                                                                                                                  • Recent company activity
                                                                                                                    • Financial information
                                                                                                                      • Figure 20: Financial analysis of Ford Motor Company Ltd, £ million, 2013-17
                                                                                                                    • Peugeot Motor Company Ltd
                                                                                                                      • Recent company activity
                                                                                                                        • Financial information
                                                                                                                          • Figure 21: Financial analysis of Peugeot Motor Company Ltd, £ million, 2013-17
                                                                                                                        • Volkswagen Group UK Ltd
                                                                                                                          • Recent company activity
                                                                                                                            • Financial information
                                                                                                                              • Figure 22: Financial analysis of Volkswagen Group UK Ltd, £ million, 2013-17
                                                                                                                            • Volvo Group UK Ltd
                                                                                                                              • Recent company activity
                                                                                                                                • Financial information
                                                                                                                                  • Figure 23: Financial analysis of Volvo Group UK Ltd, £ million, 2013-17
                                                                                                                              • Appendix – Data Sources, Abbreviations and Supporting Information

                                                                                                                                  • Abbreviations
                                                                                                                                    • Methodology
                                                                                                                                    • Further Sources and Contacts

                                                                                                                                      • Trade associations
                                                                                                                                        • British Vehicle Rental and Leasing Association (BVRLA)
                                                                                                                                          • Confederation of Passenger Transport UK (CPT)
                                                                                                                                            • European Automobile Manufacturers Association (ACEA)
                                                                                                                                              • Finance & Leasing Association
                                                                                                                                                • Freight Transport Association (FTA)
                                                                                                                                                  • International Organization of Motor Vehicle Manufacturers (OICA)
                                                                                                                                                    • The National Franchised Dealers Association
                                                                                                                                                      • Retail Motor Industry Federation (RMI)
                                                                                                                                                        • Road Haulage Association (RHA)
                                                                                                                                                          • Society of Motor Manufacturers and Traders (SMMT)
                                                                                                                                                            • Trade magazines
                                                                                                                                                              • Auto Trader
                                                                                                                                                                • Commercial Vehicle Dealer
                                                                                                                                                                  • Motor Trader Magazine
                                                                                                                                                                    • Trade events
                                                                                                                                                                      • Automechanika Birmingham
                                                                                                                                                                        • The Commercial Vehicle Show

                                                                                                                                                                        This market report provides in-depth analysis and insight supported by a range of data. At the same time, introductory and top-level content is provided to give you an overview of the issues covered.

                                                                                                                                                                        • Market

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                                                                                                                                                                        • Consumer

                                                                                                                                                                          Mintel's proprietary consumer research provides our analysts with the attitudinal and behavioral data used to provide valuable insight to topical issues.

                                                                                                                                                                        • Brand/Company

                                                                                                                                                                          Mintel provides overviews of the top brands and manufacturers, and uses consumer research to explore attitudes and reactions to brands, as well as insight into what will resonate with consumers.

                                                                                                                                                                        • Data

                                                                                                                                                                          Market reports provide appendices of data to support the research and insight produced. Our tables of data are easily manipulated and downloadable to support your research needs and covers factors from consumer attitudes to market forecasts.

                                                                                                                                                                        Please Note: This is a sample report. All of the figures, graphs, and tables have been redacted.

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