» » » UK Car Sales Slide For A Sixth Month Amid Falling Consumer Confidence

UK Car Sales Slide For A Sixth Month Amid Falling Consumer Confidence

View More: Breaking News! | 0

New car sales in the UK fell for a sixth month in September, leaving the market on course for its first annual decline since 2011.

Car registrations dropped by 9.3% to 426,170, the first time the September market has declined in six years. The Society of Motor Manufacturers (SMMT) and Traders blamed declining consumer confidence given uncertainty over Brexit and confusion over air quality plans. Sales of diesel cars crashed by 21.7% last month.

September, when number plates change, is a key month for car sales. New car registrations have fallen 3.9% over the first nine months of 2017 and are expected to record a fall over the year as a whole.

The SMMT had been expecting an annual decline because previous years were strong, but it now looks as though that drop may be bigger than expected, a spokeswoman said.


News Source: Guardian Motoring – Continue reading this article…


UK Car Sales Slide For A Sixth Month Amid Falling Consumer Confidence

https://www.theguardian.com/business/2017/oct/05/uk-car-sales-fall-consumer-confidence-diesel-smmt

Share On:
  • Leave a Reply