The UK new car market has recorded its best year since the pandemic as a strong December, up 9.8%, wrapped up the 17th month of consecutive growth. Some 1.903 million new cars reached the road during 2023, an increase of 17.9%, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT).
Growth was driven entirely by fleet investment as the previous year’s supply constraints faded and helped fulfil pent-up demand. Fleet deliveries rebounded by 38.7% year on...
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