UK car registrations down, but decline slows

5th July 2017 | 0 Comments
UK car registrations down, but decline slows
Source: SMMT

Figures released by the Society of Motor Manufacturers and Traders (SMMT) today show that the UK new car market has declined for a third consecutive month. A total of 243,454 new cars were registered in June, and while this figure represents a decline, registrations fell at a slower pace than in the previous two months, by 4.8 per cent, as demand continued to stabilise following a record first quarter and the subsequent market turbulence caused by the recent changes to Vehicle Excise Duty. The SMMT adds that the market is now “more in line” with 2017 forecasts.

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Category: UK News

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