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More Shrinkage for U.K. Car Market
New-car registrations in the U.K. declined 2% to 161,000 last month, continuing a downward trend that began last September.
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New-car registrations in the U.K. declined 2% to 161,000 last month, continuing a downward trend that began last September, says the Society of Motor Manufacturers and Traders.
Sales to private buyers in January climbed 3% to 71,400 units. Deliveries to fleets fell 3% to 89,600 vehicles.
Demand for diesels continued to evaporate, plunging 20% to 46,800 units. Diesels account for 29% of the British market this year compared with 36% in the same month last year, according to SMMT.
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