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News and Sales Industry Updates

October 2018

Car sales fall in UK with industry's worst September since financial crisis

(Source theguardian.com)

"Consumer uncertainty, new testing rules and decline of diesel lead to 20% fall, says SMMT"

UK sales of new cars plunged by a fifth in September as new emissions tests caused delivery backlogs, while waning appetite for diesel cars and weaker consumer confidence weighed on demand.

A total of 338,834 new cars were sold last month, according to figures from the Society of Motor Manufacturers and Traders (SMMT), down 20.5% compared with the same month last year.

September is traditionally a bumper month for sales as consumers rush to buy cars with new number plates, but last month was the worst September since 2008, when the UK was in recession and new car sales fell by 21.2%.

New car registrations in September fell by 20% compared with the same month in 2017