UK car sales skid in September
Political and economic uncertainty, not least from Brexit, sent sales of new cars in Britain falling sharply in September, a key month for the industry, data showed on Thursday.
New car sales fell by 9.3 percent year-on-year to 426,170 vehicles in September, industry body, the Society of Motor Manufacturers and Traders (SMMT) said in a statement.
It is the first time in six years that new registrations fell in September, a month in which a change in number plates usually buoys the automobile industry. But this has not been the case this year amid fallout from Britain's decision to quit the European Union. "September is always a barometer of the health of the UK new car market, so this decline will cause considerable concern," said SMMT head Mike Hawes.
“Business and political uncertainty is reducing buyer confidence, with consumers and businesses more likely to delay big-ticket purchases," he said.
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