UK new car market posts seventh straight month of growth

Posted on 6 Mar 2023 by The Manufacturer

UK new car registrations grew by 26.2% in February as 74,441 new cars joined Britain’s roads, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT).

While February is typically low volume ahead of the March plate change, this year it marked the seventh month of consecutive growth as easing supply chain shortages steered the market closer to pre-pandemic levels, down just -6.5% on the same month in 2020.1​​​​The month saw almost universal growth across the market, with deliveries to private…

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