Purchases of new cars by private buyers declined in June compared with the same month last year, preliminary figures show. The Society of Motor Manufacturers and Traders (SMMT) said the overall new car market grew slightly year-on-year, due to an increase in purchases for fleets owned or leased by businesses or other organisations.
Category
🗞
NewsTranscript
00:00Hello, my name is Greg Wright. I'm the Deputy Business Editor of the Yorkshire Post.
00:06Here are your headlines for this morning.
00:08Purchases of new cars by private buyers declined in June, compared with the same month last year, according to new figures.
00:16The Society of Motor Manufacturers and Traders said the overall new car market grew slightly year on year
00:23due to an increase in purchases for fleets owned or leased by businesses or other organisations.
00:30This means more than 1 million new cars were registered in the first half of the year for the first time since 2019.
00:37The overall new car market during the first six months of 2024 was up by around 5% compared with the same period last year.
00:45Here's an update this morning about the latest figures from the Society of Motor Manufacturers and Traders.
00:51My name is Greg Wright. I'm the Deputy Business Editor of the Yorkshire Post.