NEW CAR SALES SLUMP IN NOVEMBER

NEW CAR SALES SLUMP IN NOVEMBER

THE UK NEW CAR MARKET DECLINED FOR AN EIGHTH CONSECUTIVE MONTH IN NOVEMBER, ACCORDING TO FIGURES RELEASED BY THE SOCIETY OF MOTOR MANUFACTURERS AND TRADERS.

 

163,541 vehicles were registered, down -11.2% year-on-year, driven by a significant fall in diesel demand.

 

Business, fleet and private registrations all fell in the month, down -33.6%, -14.4% and -5.1% respectively. Registrations fell across all body types except specialist sports, which grew 6.7%.

 

The biggest declines were seen in the executive and mini segments, which decreased -22.2% and -19.8% respectively, while demand in the supermini segment contracted by -15.4%.

Published: by Radio NewsHub
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