October 5, 2022

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

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British isles automotive marketplace suffers worst June for new car or truck profits because 1996, most current figures expose

Registrations of new cars fell by 24.3 for every cent previous thirty day period in comparison with June 2021,

The British isles automotive business endured its worst June for new vehicle sales considering that 1996, figures unveiled.

Registrations of new motor vehicles fell by 24.3 for every cent final thirty day period when compared with June 2021, in accordance to the Culture of Motor Companies and Traders (SMMT).

World wide shortages of factors these kinds of as semiconductors hamper the sector, with 141,000 new cars and trucks registered in June, the trade body said. 

Drivers are owning to wait extra than 12 months to just take shipping and delivery of some designs. Only 802,000 new cars and trucks had been bought for the duration of the 1st fifty percent of the calendar year. 

That was an 11.9 for each cent reduction compared with the same time period in 2021, the industry’s weakest January-June performance considering the fact that 1992, besides for 2020, which was afflicted by Covid.

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