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Economy And The Numbers

UK Car Registrations Surge 26.2% In February: SMMT

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

British car registrations increased for the seventh straight month in February on the back of strong demand for battery electric vehicles along with easing supply-chain constraints, data from the Society of Motor Manufacturers and Traders, or SMMT, showed on Monday.

Car registrations showed a double-digit annual growth of 26.2 percent in February following a 14.7 percent rise in January.

Data showed that 74,441 new cars were registered in the middle of the first quarter compared to 58,994 units sold in the same month of 2021.

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