New car registrations increase as pent-up demand lifts the market

摘要

In July, UK new car registrations rose for the first time this year (by 11.3%) according to figures published by the Society of Motor Manufacturers and Traders (SMMT). Some 174,887 cars were registered as dealerships across the UK, opened for their first full month of trading since February. This represents a significant improvement on July 2019, when declining business and consumer confidence undermined the market.