Leeds STV
Image default

SMMT reports: car sales in Britain fell to the lowest point since 1952

A total of 20 thousand new cars have been registered in May. This is the lowest number registered since the year 1952, according to industry analyst company SMMT.

New sales in the UK are hit black. In May, sales fell by as much as 90 percent. This is what industry organization SMMT reports. 20,000 cars were registered, compared to 183,724 in May last year. That is more than 163 thousand less than in 2019. This has brought the market to its lowest level since 1952, according to SMMT.

In the first five months of this year, new sales fell by 51 percent, compared to the same period last year. May sales are published just as UK showrooms reopen, after having to remain closed for over two months due to the corona crisis. The cars that were sold were purchased online. Showrooms are still closed in Scotland, Wales and Northern Ireland.

“Rebooting the economy is a first step in the recovery,” said Mike Hawes, CEO of SMMT.

Earlier, umbrella organization Acea already reported that European new sales fell by at least 60 percent.

Related posts

MPs condemns HSBC’s support of China over Hong Kong issue

Paolo Sorbello

Thorpe Park affirms that the guest was “genuinely harmed” in the assault

Paolo Sorbello

Rishi Sunak orders a review of capital gains tax in an attempt to close a black hole in the amount of £ 300 billion in nation’s finances

Paolo Sorbello

Leave a Comment

* By using this form you agree with the storage and handling of your data by this website.

This site uses Akismet to reduce spam. Learn how your comment data is processed.