Pent up demand next month is expected to be lower than after the first UK-wide lockdown, and many consumers will likely prioritise Christmas presents over other major purchases.
The April UK market in brief Significance: 19.8% y/y drop to 152,076 units, although still up marginally in the YTD. Implications: Three fewer working days than April 2016 and the
SMMT key points of April registrations New car registrations fall -19.8% to 152,076 units as market reflects Vehicle Excise Duty (VED) changes First downturn in alternatively fuelled vehicle segment for 47
Rupert Pontin, Glass’s director of valuations, reflects on the latest SMMT release on new vehicle registrations “THE bumper new car registrations figure of over half a million vehicles for March
SMMT reports March biggest ever month for new car registrations New car market grows 5.3% in March 2016 Fleet sector demand up 6% More than half a million buyers take
Steve Jackson, chief car editor at Glass’s, analyses the underlying factors influencing February’s sale figures. February new car sales New car market grows 8.4% in February, with 83,395 units registered.
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