The UK new car market has hit the half year million motors mark for the first time in five years, after new car registrations rose in June by a modest 1.1% to reach 179,263 units, according to new figures published by the Society of Motor Manufacturers and Traders (SMMT). As a result, so far in 2024, 1,006,763 new cars have been registered, up 6.0% on the previous year but still down -20.7% on 2019.
June’s market growth was driven primarily by the fleet sector, where uptake rose by 14.2%,...
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