POST Online Media Lite Edition


UK new car sales plunge 97% to lowest since 1946

Christian Fernsby |
British new car sales slumped by an annual 97% in April to the lowest level of any month since February 1946.

Article continues below

Topics: CAR    UK   

Sales to businesses in April accounted for four in five of the 4,321 new car registrations, according to the Society of Motor Manufacturers and Traders (SMMT), which further downgraded its full-year forecast to 1.68 million sales, on track for a near 30-year low. In January it had forecast 2.25 million sales.

“Safely restarting this most critical sector and revitalising what will, inevitably, be subdued demand will be key to unlocking manufacturing and accelerating the UK’s economic regeneration,” said SMMT Chief Executive Mike Hawes.

Britain’s car industry, the country’s biggest exporter of goods, faces losing output worth more than 8 billion pounds ($9.94 billion) due to the coronavirus outbreak, according to the SMMT.

Output in the industry has fallen 14% so far this year and sales have dropped 43%.

What to read next

In May 2016, 114,800 houses were sold in Turkey
Truth behind auto insurance rate hikes
New car registrations in UK down 0.3% in February