New car registrations in UK 'to fall to 1982 levels'

Last month’s new-car registrations rose 26% in part because of surging demand for hybrid-electric models
New car registrations in UK 'to fall to 1982 levels'

The Society of Motor Manufacturers and Traders started the year with a projection of 1.9 million vehicle sales but lowered that estimate first in May and then again in August.

Car makers are on course for their worst year of UK sales in four decades as supply-chain issues hamper output and a growing cost-of-living crisis puts off buyers.

The Society of Motor Manufacturers and Traders trade group has cut its full-year outlook for new-car registrations for a third time in seven months to 1.57 million, the lowest since 1982.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €130 €65

Best value

Monthly €12€6 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited