March car registrations almost 16% lower than 2017 record

5th April 2018 | 0 Comments
 
March car registrations almost 16% lower than 2017 record
Source: SMMT

The UK new car market declined in March, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT). Registrations fell -15.7 per cent compared with March 2017, which due to the impending arrival of new Vehicle Excise Duty (VED) rates was the biggest month ever for new car registrations. Nevertheless, registrations are still running at a historically high level and last month’s market was the fourth biggest March on record.

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Category: UK News

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