UK new car market stalls as weak consumer confidence bites Transport and infrastructure New car registrations fell by 2.5 per cent in January as weak consumer confidence and a tough economic backdrop delivered a fourth consecutive monthly decline. There were 139,345 new vehicle registrations in January, according to the latest data from the Society of Motor Manufacturers and Traders (SMMT). New registrations for both private and fleet buyers [...]
Car production falls but sector ‘optimistic about return to growth’ Transport and infrastructure Car production fell last month, continuing a trend seen across the year, new figures show. The number of cars built in UK factories was 8.4 per cent lower in August compared to the same month last year. The Society of Motor Manufacturers and Traders (SMMT) said 41,271 new cars left production lines, 3,781 fewer than [...]