New car registrations fell by 11.5% in January, going down to 128,811 units, according to figures from the Society of Motor Manufacturers and Traders.
The decline was in line with SMMT’s forecast and reflects, at least in part, the loss of the Scrappage Incentive Scheme. Paul Everitt, SMMT chief executive, said: “This marks the beginning of a challenging year for the UK motor industry. Consumer confidence is low and it is important that government uses the March Budget to…
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