Decline in UK car sales worse than financial crisis, says SMMT

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The UK new car market declined by just over 44% in March this year, according to figures published last month by the Society of Motor Manufacturers and Traders (SMMT)…

The UK new car market declined by just over 44% in March this year, according to figures published last month by the Society of Motor Manufacturers and Traders (SMMT). Some 203,370 fewer cars were registered than in March 2019, as showrooms closed in line with government advice to contain the spread of the coronavirus. It marked a steeper fall than during the 2009 financial crisis and the worst March since the late 1990s, the trade body said.

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