UK car sales grew sharply in March from a year ago, marking its first increase in six months, data from the Society of Motor Manufacturers & Traders, or SMMT, showed Friday.
Car registrations grew by 12.4 percent to 357,103 units in March, up from 317,786 units in the corresponding month last year.
"This growth, in the most important month of the year for the new car market, builds on the March 2024 performance, where uptake rose by 10.4 percent," the SMMT said.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.