SMMT News & Analysis

Convertible Sales Drop 90% in UK Over 20 Years

Sales of new convertible cars in the UK have decreased by 90% over the past two decades, falling from 109,171 units in 2005 to just 11,484 in 2022, according to the Society of Motor Manufacturers and Traders. This decline corresponds with the significant rise in popularity of SUVs, which represented 59% of car sales across Europe last year, according to Dataforce GmbH. The shift in consumer preferences towards practicality over style has contributed to the dwindling demand for convertibles. As a result, manufacturers are increasingly hesitant to produce new models given the costs associated with development and safety regulations.