Dwindling consumer confidence dents UK car market
The UK new car market saw a further decline in October – falling more than 12% compared with the same month last year.
Fears over emissions regulations turned buyers away from diesel-powered vehicles, with the sector declining by almost one third.
The decline was the seventh consecutive month of reduced demand as new registrations reached 158,192, down 12.2% on the 180,168 vehicles registered in October last year.
Data from the Society of Motor Manufacturers and Traders (SMMT) shows there were declines across all sectors, w... 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...
