Stocks

UK new car sales fall around 3 percent in March - preliminary data

Reuters

LONDON, April 4 () - British new car registrations fell by around an annual 3 percent last month as uncertainty over diesel and Brexit continued to hit consumer confidence, according to preliminary data from an industry body.

Sales of diesel vehicles fell by around 20 percent whilst demand for petrol cars rose by roughly 5 percent, the Society of Motor Manufacturers and Traders (SMMT) said.

March is a major selling month in Britain as it is one of two occasions each year when the licence plate series changes.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Reuters

Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV.

Learn More