Emissions tax slows new car sales for third consecutive month – Telegraph.co.uk

New emissions taxes brought down car sales for a third consecutive month in June but the decline in new registrations  appears to have slowed, new data has suggested.

New car registrations fell by 4.8pc in June to 243,454, a slower decline than the previous two months, the Society of Motor Manufacturers and Traders said.

After starting the year strongly, new car sales plummeted in April as rules came into effect meaning car buyers have to pay a tax based on the car’s emissions with additional surcharges for petrol or diesel vehicles and cars costing over £40,000.

The SMMT’s chief executive Mike Hawes insisted that the “numbers are still strong” despite petrol and alternative fuel vehicles being the only segments to register growth last month. 

He added: “Provided consumer and business confidence holds, we expect demand to remain at a similarly high level over the coming months.”

Comments

Write a Reply or Comment:

Your email address will not be published.*