In February, the UK new car market experienced a 14% growth, reaching a 20-year high.

Car sales hit a 20-year high in February, according to the Society of Motor Manufacturers and Traders (SMMT). The primary growth is attributed to fleets and businesses, with private car purchases decreasing. Public demand for electric vehicles remains low, prompting calls for the Chancellor to increase incentives. The UK new car market recorded its strongest February in two decades, with a 14% growth.

March 05, 2024
12 Articles