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Car Sales in U.K. Gain Slightly

New-car registrations in the U.K. rose 1% in July but remain 6% below year-ago levels through the first seven months of 2018.

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New-car registrations in the U.K. rose 1% in July but remain 6% below year-ago levels through the first seven months of 2018.

Last month’s uptick was driven primarily by manufacturers rushing to clear out inventories ahead of a switch to cars certified to meet Europe’s new WLTP (World Harmonized Light Vehicle Test Procedure).

Last month the U.K. registered 163,900 light-duty vehicles, according to the Society of Motor Manufacturers and Traders. The group says gasoline-powered models captured 62% of the market, up nearly 10 points. Diesel plummeted 24% to a 32% share.

SMMT reports that sales of hybrids and electric cars in July grew 7% to a record 6% share of the British market.

Gardner Business Media - Strategic Business Solutions