Car Sales Plunge 21% in U.K.
Rising worries about the impact of U.K.’s exit from the European Union prompted a 21% drop in new-car sales last month, says the Society of Motor Manufacturers and Traders.
#labor
Rising worries about the impact of U.K.’s exit from the European Union prompted a 21% drop in new-car sales last month, says the Society of Motor Manufacturers and Traders.
The group says September deliveries sagged to 338,800 units from 426,200 vehicles a year earlier. Demand for diesels plummeted 43% to 170,700 units.
SMMT blames last month’s sharp decline on Brexit worries and unusually heavy sales in August as consumers took advantage of clearance sales ahead of the industry’s changeover to models that meet Europe’s new emission testing protocol.
Sales in the U.K. through the first nine months of 2018 shrank 8% to 1.91 million vehicles.
RELATED CONTENT
-
EU’s Industry Commissioner: “Diesels Are Finished”
The Volkswagen diesel scandal triggered a “breakthrough moment” among European consumers about clean air that will mean the demise of diesels, says European Union Commissioner Elzbieta Bienkowska.
-
VW Workers Again Reject UAW at Tennessee Plant
Hourly workers at Volkswagen AG’s assembly plant in Chattanooga, Tenn., have again voted against having the United Auto Workers union represent them.
-
Denmark, 10 Other EU Members Urge Piston Ban
Denmark and 10 other member nations of the European Union have urged the region to allow them to end gasoline and diesel engine sales by 2030.