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UK - new car registrations rose 18% in December, 5th consecutive month of growth
From the Society of Motor Manufacturers and Traders (SMMT) in the UK.
said new car registrations fell 2% to 1.61 million units in 2022, new car sales lowest since 1992
about 700,000 units below the pre-pandemic total hit in 2019
for December alone though, +18%
SMMT citing:
- shortages of parts over the last two years, in particular semiconductor chips
- rising inflation and a cost-of-living crisis
SMMT expect 2023 to be much better, projecti... Read More
Posted: Jan 5 2023, 00:24
Author Name: forexlive
Views: 110610
