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…

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