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- UK July car sales hit monthly low since 2012 - SMMT
UK July car sales hit monthly low since 2012 - SMMT
According to figures released today by the Society of Motor Manufacturers and Traders (SMMT), the UK new car market declined again in July, with 157,198 vehicles leaving showrooms - the lowest July market since 2012. Registrations fell by -4.1%, the fifth consecutive month of decline, as political and economic uncertainty and confusion over future government policy on different fuel types continued to knock consumer and business confidence. During January to July period, new car sales decreased 3.5% from the same period last year.
Declines were seen across all sectors, with private demand falling -2.0%, while deliveries for fleet and business customers were down -4.7% and -22.5% respectively. Luxury saloons and specialist sports cars experienced a rise in registrations in the month with volumes driven by increased demand for dual purpose vehicles, up 12.8% to take nearly a quarter (24.4%) of the market. All other segments experienced declines in the month, with the biggest falls seen in executive (-21.6%) and supermini (-12.1%) segments.
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