SMMT, Auto Information, Automobilnews
LONDON: British new automotive registrations fell by 6.7% on the yr in October, dragged down by a 13% fall by particular person consumers, an business group mentioned, blaming “financial and political uncertainty” as Britain prepares for an election that may form the end result of Brexit.A complete of 143,251 autos have been bought final month, in response to the Society of Motor Producers and Merchants (SMMT), down from 153,599 in October 2018.
“The expansion in alternatively fuelled vehicles could be very welcome, exhibiting rising purchaser urge for food for these new applied sciences,” SMMT Chief Government Mike Hawes mentioned.
Alternatively fuelled autos attain file 9.9% market share with 14,231 registered, SMMT mentioned.
“The general market stays powerful, nonetheless, with October now the yr’s eighth month of decline and in want of an injection of confidence,” Hawes mentioned. “Whether or not the overall election delivers a ‘bounce’ to the economic system stays to be seen.”