Commentary | New Car Registrations February 2026
February delivered another solid month for the new car market, reflecting the underlying strength of buying demand we’ve continued to see so far in 2026. While the situation in the Middle East adds a potential layer of uncertainty for businesses and consumers amid wider economic disruption, the new car market has remained resilient so far. Any sustained shock to oil prices is likely to increase interest in electric vehicles when it feeds into petrol prices, as we saw in 2022.
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