UK car buyers are turning to the used car market as the ongoing semiconductor shortage and 'pingdemic' hit automotive manufacturers.
New car registrations in July fell by -29.5% to 123,296 units, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). The SMMT says the decline was artificially heightened compared to July last year, when registrations rose dramatically as showrooms enjoyed a full month’s operation following lockdown restrictions easing. But July 2021…
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