United kingdom automotive industry suffers worst June for new car revenue considering the fact that 1996, most recent figures expose
Registrations of new vehicles fell by 24.3 per cent very last thirty day period as opposed with June 2021,
The Uk automotive field suffered its worst June for new car sales considering the fact that 1996, figures revealed.
Registrations of new vehicles fell by 24.3 for every cent very last thirty day period compared with June 2021, in accordance to the Society of Motor Brands and Traders (SMMT).
World-wide shortages of factors these types of as semiconductors hamper the business, with 141,000 new cars registered in June, the trade physique said.
Motorists are acquiring to hold out far more than 12 months to get shipping and delivery of some types. Only 802,000 new cars were being sold throughout the initially half of the 12 months.
That was an 11.9 for every cent reduction as opposed with the identical period in 2021, the industry’s weakest January-June overall performance considering the fact that 1992, other than for 2020, which was impacted by Covid.