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UK car dealers suffer worst May since 1952 - SMMT

BRITISH new car sales tumbled by an annual 89 per cent in May, only slightly less negative than April's record 97 per cent collapse, as car dealerships remained shuttered by the government's coronavirus lockdown, industry data showed on Thursday (4).

New registrations of 20,247 units represented the weakest May for sales since 1952, the Society of Motor Manufacturers and Traders (SMMT).


Sales were down 51.4 per cent in the first five months of 2020 but the industry is hopeful that a re-opening of dealer showrooms in England this week will help to spur a recovery.

"Early reports suggest there is good business given the circumstances, although it is far too early to tell how demand will pan out over the coming weeks and months," said Mike Hawes, SMMT chief executive.

"Restarting this market is a crucial first step in driving the recovery of Britain's critical car manufacturers and supply chain, and to supporting the wider economy."

The possibility that Britain's transition out of the European Union ends in December with no new trade deal is also likely to weigh on carmakers, some of whom have highly integrated supply chains with the continent.

Nissan's car manufacturing plant in Sunderland, northern England, which employs 7,000 people, is "unsustainable" if Britain leaves the EU without a trade deal, it said on Wednesday (3).

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East Midlands Airport Cargo Boom to Create 20,000 Jobs

The cargo operation involves staff handling approximately one million packages nightly, with major operators including UPS and DHL using the site as a hub

East Midlands Airport

East Midlands Airport's cargo boom set to create 20,000 jobs with £4 billion economic boost

Highlights

  • Cargo volumes up 17.4 per cent between May and July, reaching over 103,000 tonnes with 24 per cent growth in June alone.
  • Ambitious expansion plans include 122,000m2 of warehouse space and stands for 18 additional aircraft over next 20 years.
  • Four new Chinese operators launched routes while major players Atlas Air and DHL use site as key hub.

East Midlands Airport is experiencing unprecedented cargo growth that directors say has resolved the site's "identity crisis" and could generate 20,000 new jobs alongside a £4 bn economic uplift.

The airport handled more than 103,000 tonnes of cargo between May and July, marking a 17.4 per cent increase on the same period in 2024.

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