New car market falls more than 9% as buyers’ confidence declines
The UK new car market plunged more than 9% in September as consumer and business confidence fell away.
The fall, the first time the important September market has fallen in six years, saw new registrations decline by 9.3% to 426,170 units.
Diesel sales fell by more than a fifth (21.7%) amidst concerns over tough new emissions regulations.
In contrast, demand for alternatively fuelled vehicles rose 41%.
The Society of Motor Manufacturers and Traders (SMMT) has cited economic and political uncertainty, and confusion over air q... 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...
