Figures from the The Society of Motor Manufacturers and Traders (SMMT) show that last months UK new car market declined by -35.5%. Registrations for plug-in vehicles continued to grow.
“February is traditionally a small month for car registrations and with showrooms closed for the duration, the decline is deeply disappointing but expected. More concerning, however, is that these closures have stifled dealers’ preparations for March with the expectation that this will now be a third successive dismal ‘new plate month’. Although we have a pathway out of restrictions with rapid vaccine rollout, and proven experience in operating click and collect, it is essential that showrooms reopen as soon as possible so the industry can start to build back better, and recover the £23 billion loss from the past year.”Said Mike Hawes, SMMT Chief Executive.
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