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BREAKING NEWS

BREAKING NEWS

UK new car sales fall 5% in May

UK new car sales fall 5% in May
FILE PHOTO: Imported cars are parked in a storage area at Sheerness port, Sheerness, Britain, October 24, 2017. REUTERS/Peter Nicholls -
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PETER NICHOLLS(Reuters)
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LONDON (Reuters) – British new car registrations dropped 4.6% last month due to uncertainty over diesel policy and the government’s decision to cut incentives for plug-in hybrid vehicles, an industry body said on Wednesday.

Sales fell to 183,724 cars in May, the Society of Motor Manufacturers and Traders (SMMT) said.

“Confusing policy messages and changes to incentives continue to affect consumer and business confidence, causing drivers to keep hold of their older, more polluting vehicles for longer,” said SMMT Chief Executive Mike Hawes.

(Reporting by Costas Pitas, Eding by Paul Sandle)

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