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British new car market falls in June for 4th consecutive month

Source: Xinhua| 2019-07-04 18:45:03|Editor: Yurou
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LONDON, July 4 (Xinhua) -- Britain's new car market fell in June, recording four consecutive monthly drops, according to the figures released Thursday by the Society of Motor Manufacturers and Traders (SMMT).

Data showed that 223,421 new cars were registered across Britain in June, a drop of 4.9 percent from the same period last year, notching four consecutive months of decline.

Statistics showed that demand declined across all sectors, with private registrations declining yearly by 4.8 percent, while fleet and business registrations decreased by 2.5 percent and 37.1 percent respectively.

The SMMT survey noted that the alternative fuel vehicle sector turned into negative growth for the first time since April 2017, driven significantly by plug-in hybrids' plunging of 50.4 percent year-on-year.

Mike Hawes, chief executive of the SMMT, said "another month of decline is worrying but the fact that sales of alternatively fuelled cars are going into reverse is a grave concern."

"Manufacturers have invested billions to bring these vehicles to market but their efforts are now being undermined by confusing policies and the premature removal of purchase incentives," Hawes said.

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