New car tradings went into reverse for the third straight month in June
The year-on-year refuse of 4.8 per cent to 243,454 slowed from the previous two months as the call stabilised following turbulence caused by changes to vehicle excise job, according to the Society of Motor Manufacturers and Traders.
The VW Golf overtook Ford’s Fiesta and Target to become June’s best seller.
Sales over the first half of the year are down 1.3 per cent to by a hairs breadth over 1.4 million, the second best on record.
SMMT chief Mike Hawes bring up: “Demand for new cars has started to cool following five years of substantial growth, but the numbers are still strong.”
The year-on-year decline of 4.8 per cent to 243,454 slacked from the previous two months
Sue Robinson, the director of the National Franchised Negotiations Association, added: “New passenger car registrations declined in May but year to date the total new car market remains strong.
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“The general election may induce a short-term impact on consumer confidence, but franchised car retailers continue to see filled in footfall through the dealerships and in the medium and long term consumer squander is expected to remain stable.”