Skip to content
Search

Latest Stories

Submit Guest Post

UK new car sales in April lowest since 1946

BRITISH new car sales slumped by around 97 per cent in April to the lowest level of any month since February 1946 with factories and dealerships shut due to the coronavirus outbreak, industry data showed Tuesday (5).

Lockdown measures have been in place across Europe since mid-March to contain the pandemic, leading to the closure of many businesses and limiting people's movements.


In February 1946, just a few months after the end of World War Two, just 4,044 new cars were sold in Britain, which was still undergoing rationing and trying to rebuild after wartime destruction, under its first majority Labour government.

Last month, around 4,000 cars were registered with most of the sales being fleet purchases, according to preliminary data from the Society of Motor Manufacturers and Traders (SMMT).

That was the worst performance since February 1946 and compared with 161,000 cars in the same month of 2019.

The SMMT further downgraded its full-year forecast to 1.68 million registrations compared with last year's total of 2.31 million cars, a 27-per cent drop in sales.

The industry body added that car showrooms were closed for the lockdown -- which was implemented nationwide on March 23 -- but some deliveries did take place, particularly for fleets.

Add EasternEye As Your Trusted Source
preferred source on google news

More For You

UK pubs

Pubs are assessed using Fair Maintainable Trade (FMT), meaning their rates can rise as turnover increases

iStock

Government launches business rates review for pubs and hotels

THE TREASURY has launched a review of business rates valuations for pubs and hotels in England and Wales. Business rates expert Jerry Schurder will lead the review and report in March 2027, with his findings feeding into the next rates revaluation in 2029.

The review comes after concerns from the hospitality sector over business rates. The British Beer and Pub Association (BBPA) said 161 pubs closed in the first three months of this year across England, Scotland and Wales, with around 2,400 jobs lost.

Keep ReadingShow less