Decreasing UK car market

Posted on 7 Apr 2010 by The Manufacturer

The number of cars on UK roads has fallen for the first time in 64 years, bucking the trend for year-on-year increases since WWII.

According to SMMT’s analysis this is the first peacetime decline since vehicle records began in 1904. Growth in the UK parc has slowed during recent years and now sits at 31,035,791 cars, representing a 0.7% fall compared to 2008. “The recession is the most obvious factor impacting on the number of cars on the road,”…

This content is for subscribers only. Subscribe now for free to read the full article.