Saturday, April 13, 2024
HomeNEWSapril registrations hit by VED hangover

april registrations hit by VED hangover

Sales of new cars plunged nearly 20% in April from a year ago, but the industry said the fall was due to consumers bringing forward purchases to avoid a rise in Vehicle Excise Duty (VED).

The Society of Motor Manufacturers and Traders (SMMT) said 152,076 new cars were registered in April.

Sales of alternatively fuelled cars fell for the first time in four years.

However, new car registrations are up 1.1% overall for the first four months of the year to a record 972,092.

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