UK demand for new cars down almost 35% in June

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"2">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p>Demand for new cars fell by 34&period;9&percnt; last month&comma; an automotive industry body said&period;<&sol;p>&NewLine;<p>Only 145&comma;377 new cars were registered in June compared with 223&comma;421 during the same month in 2019&comma; according to the Society of Motor Manufacturers and Traders &lpar;SMMT&rpar;&period;<&sol;p>&NewLine;<p>The trade body said the decline reflects uncertain economic confidence and dealerships in Wales and Scotland remaining closed for much of the month due to the coronavirus lockdown&period;<&sol;p>&NewLine;<p>Nearly 616&comma;000 fewer new cars have been sold in the first six months of 2020 compared with the same point last year&period;<&sol;p>&NewLine;<blockquote class&equals;"twitter-tweet" data-width&equals;"550" data-dnt&equals;"true">&NewLine;<p lang&equals;"en" dir&equals;"ltr">UK new car market down a third as tentative restart reveals subdued demand<a href&equals;"https&colon;&sol;&sol;t&period;co&sol;QK4TZ3OPNP">https&colon;&sol;&sol;t&period;co&sol;QK4TZ3OPNP<&sol;a> <a href&equals;"https&colon;&sol;&sol;t&period;co&sol;580MOXt4Vb">pic&period;twitter&period;com&sol;580MOXt4Vb<&sol;a><&sol;p>&NewLine;<p>&mdash&semi; SMMT &lpar;&commat;SMMT&rpar; <a href&equals;"https&colon;&sol;&sol;twitter&period;com&sol;SMMT&sol;status&sol;1280049091582529537&quest;ref&lowbar;src&equals;twsrc&percnt;5Etfw">July 6&comma; 2020<&sol;a><&sol;p><&sol;blockquote>&NewLine;<p><script async src&equals;"https&colon;&sol;&sol;platform&period;twitter&period;com&sol;widgets&period;js" charset&equals;"utf-8"><&sol;script><&sol;p>&NewLine;<p>Year-on-year demand in April and May was down 97&period;3&percnt; and 89&period;0&percnt; respectively&comma; largely due to the pandemic&period;<&sol;p>&NewLine;<p>SMMT chief executive Mike Hawes said&colon; &&num;8220&semi;While it&rsquo&semi;s welcome to see demand rise above the rock-bottom levels we saw during lockdown&comma; this is not a recovery and barely a restart&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Many of June&rsquo&semi;s registrations could be attributed to customers finally being able to collect their pre-pandemic orders&comma; and appetite for significant spending remains questionable&period;<&sol;p>&NewLine;<p>&&num;8220&semi;The Government must boost the economy&comma; help customers feel safer in their jobs and in their spending and give businesses the confidence to invest in their fleets&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Otherwise it runs the risk of losing billions more in revenue from this critical sector at a time when the public purse needs it more than ever&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Karen Johnson&comma; head of retail and wholesale at Barclays Corporate Banking&comma; said&colon; &&num;8220&semi;Although it has been just a few weeks since dealers reopened their doors to potential punters&comma; this data shows the scale of the challenge facing car dealerships as they begin operating in the UK vehicle market &&num;8216&semi;new normal&&num;8217&semi;&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Whilst some dealers were able to offer click and collect services during lockdown&comma; the expectation was that most people would wait for dealerships to physically open their doors again before looking at purchasing a new car&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Dealers will now hope that there is a wave of consumer confidence coming down the line&comma; as restrictions on public life begin to be lifted or at the very least will hope that there is some pent-up demand that might result in increased sales&comma; even if only in the short term&period;&&num;8221&semi;<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68cd2180ccd35">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; function &lpar;&rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; false &equals;&equals;&equals; &lpar; window&period;isWatlV1 &quest;&quest; false &rpar; &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&sol;&sol; Use Aditude scripts&period;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings &equals; window&period;tudeMappings &vert;&vert; &lbrack;&rsqb;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings&period;push&lpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;divId&colon; 'atatags-dynamic-belowpost-68cd2180ccd35'&comma;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;format&colon; 'belowpost'&comma;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub; &rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; document&period;readyState &equals;&equals;&equals; 'loading' &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;document&period;addEventListener&lpar; 'DOMContentLoaded'&comma; window&period;getAdSnippetCallback &rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub; else &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback&lpar;&rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<&sol;script>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>


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