UK Car Sector Slashes 2020 Sales Forecast By 23% Due To Coronavirus

In March, the UK Car sales fell by 44% to 254,684 units, compared to the same month last year, while the first-quarter sales were down by 31% to 483,557, according to the Society of Motor Manufacturers and Traders.

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Britain's car industry has cut its sales forecast for this year by 23% to 1.73 million vehicles

Highlights

  • Britain's car industry has cut its sales forecast for this year by 23%
  • This is the impact of the coronavirus crisis
  • UK car sales in March fell 44% due to coronavirus

A group representing Britain's car industry cut its sales forecast for this year by 23% to 1.73 million vehicles because of the impact of the coronavirus crisis.

Also Read: UK New Car Sales Plunge 40% In March As Coronavirus Hits

The figure represented a 25% fall from the number of new car registrations in 2019, the Society of Motor Manufacturers and Traders said on Monday.

Sales in March fell 44% compared with the same month last year to 254,684 units, while first-quarter sales were down by 31% to 483,557, it said.

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

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