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flag UK car registrations surge 12.4%, driven by record electric car sales, but face potential US tariffs.

flag UK new car registrations rose by 12.4% in March, reaching 357,103 vehicles, the strongest March since 2019. flag Electric cars had a record month, with 69,313 units registered, making up 19.4% of the market. flag This surge is partly due to the removal of electric cars' tax exemption. flag However, the UK automotive industry could face challenges from a potential 25% tariff on cars exported to the US, affecting 16.9% of UK car exports.

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