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Business

UK new car sales dip about 2% in November, preliminary data shows
Mini cars on assembly line at factory

Published : 4 days ago, on

(Reuters) – New car registrations in Britain fell about 2% in November, according to preliminary industry data released on Thursday.

The Society of Motor Manufacturers and Traders (SMMT) said the overall market share for battery electric cars exceeded the mandate target for the first time in November due to record levels of discounting.

Britain’s strict Zero Emission Vehicle (ZEV) mandates demand that automakers sell a higher proportion of EVs each year or face fines per non-compliant vehicle sold.

Year-to-date demand for battery electric cars remains at around 19%, according to the preliminary data.

SMMT will provide final figures for November at 9:00 a.m. GMT.

 

(Reporting by Raechel Thankam Job; Editing by Shreya Biswas)

 

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