According to the Society of Motors Manufacturers and Trading (SMMT), the new car sales dropped down sharply in the month of August for the second month in a row in the UK.
As per the report of SMMT in August 55,305 new cars were registered which was 17.5% less than the registration of the same month of last year. The SMMT has warned that the market would remain difficult for the rest months of the year however the experts had expected more than 2 million new cars to be sold in this year.
That figure would be a rise of 1.2% compared to the last year. UK saw 98,000 new car sales in July which was higher than the August but August traditionally shows lowest monthly volume of sales because the new registration plate is usually launched in September.
The car sales of the first seven months of this year in the UK remained at 13.2% higher than the sales in the same period of last year with more than 1.3 million new cars sold at that time. As per experts, the decline in the car sales was driven by the end of scrap page scheme of the government.
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