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UK

05/04/2018

Car registrations plunged in March, according to figures from industry body the Society of Motor Manufacturers and Traders (SMMT). Preliminary data shows the UK new car market shrank by 15.7% last month compared with 2017 -  although last year's record monthly figure was distorted by buyers rushing to purchase ahead of changes to vehicle excise duty.

Demand for diesel vehicles fell 37%; demand for petrol was flat; while alternative fuel models rose 5.7%.

New car sales fell for the first time in six years in 2017, with a 5.7% decrease to about 2.5 million vehicles.

Demand for diesel cars plunged by 17% last year, meaning the pace of decline for such vehicles in March has more than doubled.