New car market up 11.3% in July
The automotive industry has recorded this year’s first monthly increase in sales, following the reopening of dealerships.
Some 174,887 cars were registered in July, according to the Society of Motor Manufacturers and Traders (SMMT).
Pent-up demand sees UK new car registrations rally in July with 11.3% increase to 174,887 vehicles, as dealerships across the nation fully re-open.https://t.co/I0n80gxWNepic.twitter.com/4lXW6TzNZi
— SMMT (@SMMT) August 5, 2020
This is up 11.3% compared with the same month in 2019.
July was the first time dealerships across the UK were open for a full month since February, due to the coronavirus lockdown.