New car market subdued ahead of the general election

Jaguar Land Rover
The UK new car market declined last month, with demand falling 8.5% compared to May last year, latest figures have shown. Almost without exception, the major manufacturers saw a decline in sales as consumers adopted a more cautious approach to big ticket items. Figures from the Society of Motor Manufacturers and Traders (SMMT) show 186,265 new cars were registered last month, down from 203,585 last May. With private buyers shunning the dealers, business purchases drove the market, up 20.1% on last year. Despite a dip of 0.... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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