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2023 08 04T043332Z 1 LYNXMPEJ7304Q RTROPTP 4 BRITAIN ECONOMY AUTOS | Business Express
Headlines

UK’s July new car sales up more than 25%- SMMT

UK’s July new car sales up more than 25%- SMMT

(Reuters) – New car registrations in Britain rose more than 25% in July from a year ago, marking its 12th consecutive monthly rise, preliminary industry data showed on Friday.

The Society of Motor Manufacturers and Traders (SMMT) said its new market outlook shows battery electric vehicles would have a 22.6% market share in 2024.

SMMT final figures for the month are due to be published at 0800 GMT.

 

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(Reporting by Sinchita Mitra in Bengaluru; Editing by Shailesh Kuber)

 

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