Financial24.co.uk
Financial and Business News

- Advertisement -

- Advertisement -

- Advertisement -

UK new car sales fall nearly 30% amid second Covid lockdown

87

Industry loses £1.3bn revenue as showrooms in England were closed for most of November

Demand for new cars in the UK was in November was nearly 30% below the same month last year, as the second national lockdown put a dampener on sales.

The Society of Motor Manufacturers and Traders (SMMT) said just 113,781 new registrations were recorded in the UK, nearly 43,000 or 27.4% fewer than during November 2019. Trade has not been this poor since the 2008 recession.

Continue reading…

Leave A Reply

Your email address will not be published.