The Trader 

Market Outlook: UK new car sales lowest in 6 years

The Trader

Data published this morning by Britain’s Society of Motor Manufacturers and Traders showed that sales of new cars in the UK fell by 2 per cent in 2019 to 2.31 million units. Europe’s second biggest market for new vehicles peaked at 2.69 million in 2016, has been hit by the diesel emissions scandal, city-centre planned restrictions, weak consumer confidence despite record employment – and Brexit, of course. Adding to auto-maker woes was yesterday’s announcement from Daimler that it will recall almost three quarters of a million cars built between 2001 and 2011, sold in the USA, because of a potential fault in sunroof panels.

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