Slower August for UK new car market – registrations drop 6.4 per cent

5th September 2017 | 0 Comments
 
Slower August for UK new car market – registrations drop 6.4 per cent
Car registrations, August 2017 (SMMT figures)

The Society of Motor Manufacturers and Traders has reported a fifth consecutive month of decline in the UK new car market. August registrations fell -6.4 per cent, following 2016’s record August. The SMMT remained sanguine about the decline, pointing out that, at 76,433 new cars registered, it is still the third-best August in 10 years. The year-to-date has remained broadly in line with full-year expectations, down 2.4 per cent, with 1,640,241 new cars joining British roads in the first eight months.

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Category: Market Info, UK News

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