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UK new car sales fell around 25% in October- preliminary data -Breaking

by Mike Robinson

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© Reuters. FILEPHOTO: A new car is parked at Grimsby Dockyard, Northern England, on January 30, 2009. REUTERS/Nigel Roddis

LONDON, (Reuters) – The number of new British cars registered in October fell by around 25% year-on, according to preliminary data. This was due to a shortage of semi-conductor chip supplies, which continues to plague the sector globally.

Society of Motor Manufacturers and Traders (SMMT), stated that it expects full-year total car sales of 1.66 million, which is just 1.9% less than 2020 after COVID-19 locksdowns and other restrictions impacted the economy.

At 0900GMT, the SMMT will release the final numbers.

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