The Business Times

UK car sales slide for eleventh month

Published Mon, Mar 5, 2018 · 01:02 PM
Share this article.

[LONDON] Sales of new cars in Britain fell in February for the eleventh month in a row, as demand for diesel vehicles collapsed by almost a quarter, industry data showed Monday.

New registrations for vehicles sank 2.8 per cent year-on-year last month to 80,805 cars, the Society of Motor Manufacturers and Traders (SMMT) said in a statement.

And the number of newly-purchased diesel-powered cars tanked 23.5 per cent to 37,020, with demand sliding on UK government plans to improve air quality.

Consumers continued to ditch diesel cars last month for automobiles that are regarded as more environmentally-friendly.

February was also a quiet month for car purchases because new registration plates are issued in March, when demand typically increases.

"Although the new car market has dipped, it remains at a good level despite the drop in demand for diesel," said SMMT chief executive Mike Hawes.

"Consumers should be reassured, however, that the latest cars are the cleanest in history and can help address air quality issues."

AFP

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Transport & Logistics

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here