UK car sales back on track after bumpy ride

New registrations for all cars increased 1.4 per cent. — Reuters pic
New registrations for all cars increased 1.4 per cent. — Reuters pic

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 ’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 , 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





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