UK new car registrations up 1.4% on year in October
by ChemOrbis Editorial Team - content@chemorbis.com
New car registrations in the UK continued increasing in October, according to data from the Society of Motor Manufacturers and Traders (SMMT). New car sales increased 1.4% on a yearly basis to reach 180,168 units in October on the back of strong demand for company vehicles.
Data also showed that private new car registrations decreased 1.1% in October when compared to the same month of 2015 due to increases in list prices because of the depreciation of the pound while fleet car registrations were up 4.2% in October.
Data also showed that private new car registrations decreased 1.1% in October when compared to the same month of 2015 due to increases in list prices because of the depreciation of the pound while fleet car registrations were up 4.2% in October.
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