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UK car registrations decline in February

Staff Writer | March 5, 2018
UK new car market dipped in February, the Society of Motor Manufacturers and Traders (SMMT) said.
UK car registrations
Auto industry   The crucial number plate change month of March
Car registrations declined 2.8% year-on-year to 80,805 units in February. The agency said February is traditionally one of the quietest months of the year ahead of the March number plate change.

Year-to-date market for new cars declined 5.1%, with 244,420 units registered nationwide, SMMT said.

"Looking ahead to the crucial number plate change month of March, we expect a further softening, given March 2017 was a record as registrations were pulled forward to avoid VED changes," Mike Hawes, SMMT chief executive, said.