New EU Car Registration Data Indicates Change In UK Outlook
New EU Car Registration Data Indicates Change In UK Outlook

Date

The European car market continues to grow, with demand for new cars increasing by 5.8% in Q1 (January – April) of this year; which equates to 2,378,965 units in total. However, this momentum is not reflective of the United Kingdom’s car market as new registrations are down 2.8% over this period. This data, in relation to the UK having a relatively low average vehicle age of 8.5 years, is an indication that owners are more interested in keeping their current automobiles rather than buying.

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the …

 

More
articles

Our Phone Numbers
T: 01489 666 468
T: 01489 666 384
T: 0207 1019 387