UK car sales plummet in 2011

Adrian Holliday

UK car sales have slumped to their lowest level since the mid-1990s. Total new registrations dropped to 1.94m in 2011 as hard-up consumers avoided the forecourts - and large, fast-depreciating commitments. Compare this figure with 2.03m for 2010 when sales were fuelled by the car scrappage scheme. December 2011 sales also saw a sharp fall - down 3.7%.