“Challenging” future as SMMT reveals worst new-car registrations for 20 years

FT - Mike Hawes chief exec SMMT

The UK new car market declined -4.4% in September, the weakest September since the introduction of the dual number plate system in 1999, according to figures published today by the Society of Motor Manufacturers and Traders (SMMT). The sector recorded 328,041 new registrations in the month – some -15.8% lower than the 10-year average of around 390,000 units for the month.

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