UK car market declines amid strict environmental policies

London – The UK new car market declined by 6.8% in 2018, with annual registrations falling for a second year to 2,367,147 units, according to figures released by the Society of Motor Manufacturers and Traders (SMMT) 3 Jan.

The industry witnessed a sharp 5.5% year-on-year decline in December, ending a year of what the SMMT described as “anti-diesel policies”.

“A second year of substantial decline is a major concern,” said Mike Hawes, SMMT chief executive.

“Falling consumer confidence, confusing fiscal and policy messages and shortages due to regulatory…

To read more,please login or register below.

Register
This is the first step to more free
content, user offers, subscriptions
and more.
Login
Log in here using the Email Address
and Password you signed up with