UK: August new car sales drop 17.5%

New car registrations in the UK contracted 17.5% year-on-year in August to 55,305 units, the second consecutive month of decline. The Society of Motor Manufacturers and Traders (SMMT) points out that last August’s figures were boosted by the government’s scrappage incentives. However, year-to-date registrations remain up 13.2% compared to the Subscribe to Automotive World to … Continued

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• September 6, 2010