Car sales continue to reverse but market could be on verge of a ‘new normal’ – Telegraph.co.uk

Sales of new cars have continued their slump, falling 6.4pc in August, as motorists’ concerns over Britain’s economic health weigh – but the market could be beginning to normalise.

New vehicle registrations – a proxy for sales – dropped to 76,433 last month, down from 81,640 a year ago, according to data from the Society of Motor Manufacturers and Traders.

This fifth consecutive month of decline brings registrations in the year to date to 1,640,241, down 2.4pc on 2016’s level, though this was a record year.

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