LONDON (UK) – New car registrations witnessed a rise of 11% year on year in July in the country, according to preliminary industry data for the first full month when dealerships were allowed to reopen across the United Kingdom as curbs were eased.
Showrooms reopened on June 1 in England, June 8 in Northern Ireland, June 22 in Wales and June 29 in Scotland.
Although July would be the first spike since December, year-to-date demand is down by 40% and the latest predictions point to full-year drop of around 30% in 2020.
The demand fell 44% in March while it was 97% the following month. In May, registrations were down 89% and in June they fell 35%, according to the Society of Motor Manufacturers and Traders (SMMT).
(Photos syndicated via Reuters)
This story has been edited by BH staff and is published from a syndicated field