February 5, 2023

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UK automotive industry suffers worst June for new car sales since 1996

United kingdom automotive business suffers worst June for new auto product sales because 1996, newest figures expose

Registrations of new vehicles fell by 24.3 per cent last month compared with June 2021,

Registrations of new cars fell by 24.3 for each cent previous thirty day period compared with June 2021,

The British isles automotive business suffered its worst June for new car or truck profits considering that 1996, figures disclosed.

Registrations of new vehicles fell by 24.3 per cent past thirty day period in comparison with June 2021, according to the Modern society of Motor Manufacturers and Traders (SMMT).

Global shortages of parts such as semiconductors hamper the field, with 141,000 new cars registered in June, the trade physique said. 

Drivers are possessing to wait around a lot more than 12 months to just take delivery of some models. Only 802,000 new cars and trucks were bought for the duration of the initially fifty percent of the year. 

That was an 11.9 per cent reduction when compared with the exact interval in 2021, the industry’s weakest January-June efficiency since 1992, except for 2020, which was affected by Covid.

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