UK car registrations plunge in March

UK car registrations plunge in March
 

Car registrations plunged in March, according to figures from industry body the Society of Motor Manufacturers and Traders (SMMT).
Preliminary data shows the UK new car market shrank by 15.6% last month, compared with March 2017.
Demand for diesel vehicles fell by 37%, but petrol car demand rose by 1%.
However, March 2017 was a record month as consumers and businesses snapped up new vehicles ahead of a change in Vehicle Excise Duty the next month.
The full data will be published later on Thursday morning by the SMMT.
New car sales fell for the first time in six years in 2017, with a 5.7%... read more

 
5 April 2018 in Business, Views: 43
Source: BBC
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