Monday, 2 August 2021

New car sales increase

CAR UK SALES

LONDON: The UK new car market grew 10.4% year-on-year in April as it benefited from a favourable year-ago comparison base due to additional sales days and the impact of tax changes last year.

The SMMT said that some 167,911 new cars were registered in the UK last month and that demand was affected by a number of factors, including the timing of Easter, which meant two additional selling days this April, as well as March’s adverse weather (which pushed some deliveries into April).

Most significant, however, were the VED (vehicle excise duty) changes that came into force last April, causing a pull forward into March 2017 and a subsequent depressed April market.

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