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Worst February for UK new car registrations since 1959

Posted On: 19 Apr 2021   |   Posted By: Autocar

Worst February for UK new car registrations since 1959

Ongoing showroom closures stifle demand in what's usually one of the quietest months of the year
New figures from the Society of Motor Manufacturers and Traders reveal that last month was the weakest February for new car registrations in the UK since 1959.
The organisation noted that although February is a "traditionally quiet month" as buyers hold out for the numberplate change in March, ongoing restrictions on the car retail sector meant demand was even lower than usual in 2021.
The 51,412 new cars registered nationwide during the month represents a 35.5% decline year on year and has prompted the SMMT to revise its registrations forecast for 2021 from 1.89 million to 1.83m.
The SMMT predicts that most of the year's losses to occur in March. With showrooms in England forced to remain closed until at least 12 April, click-and-collect services are unlikely to foster the same boost in demand that usually accompanies a bi-annual plate change.
Registrations in February declined across both the private and...

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