LONDON, March 5 — New car sales in Britain rose in February from a year earlier, reversing five straight monthly declines despite fears over Brexit and China’s economic slowdown, data showed today.
New registrations for all cars increased 1.4 per cent in February year-on-year to almost 82,000 vehicles, the Society of Motor Manufacturers and Traders (SMMT) said in a statement.
Sales had tumbled in the previous five months on an annual basis owing to weak demand for high-polluting diesel amid a broader UK government push for cleaner transport.
Carmakers are also facing fallout from looming Brexit, as well as China’s slowdown — and its ongoing trade row with the United States.
The SMMT last week revealed that the number of cars built in Britain tumbled by a fifth in January, rocked partly by the threat of a no-deal Brexit.
UK car production dived 18.2 per cent to 120,649 vehicles at the start of 2019 compared with a year earlier, marking the eighth successive monthly decline. — AFP
Source: The Malay Mail Online