The UK new car market declined in May ahead of the general election, with demand falling -8.5%, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT). 186,265 new cars were registered in the month, with business purchases driving the market, up 20.1%, to offset declines from private and fleet buyers. […]
UK Car Industry Shows Real Growth In 2016
The UK new car market achieved another record year in 2016, with annual registrations climbing for the fifth year in a row to almost 2.7 million, according to figures published today by the Society of Motor Manufacturers and Traders (SMMT). The market has experienced uplifts in 10 out of the last 12 months, albeit finishing with a […]