The UK car market has suffered in 2018, the most severe slump since the financial crisis ten years ago. The reason for the slump in sales of the Diesel crisis, stricter emission regulations and the uncertainty of the customer due to the ambiguity of the approaching Brexit.
The sales of new cars fell by almost seven percent to 2.37 million vehicles, as on Monday from data from the automobile Association SMMT. A stronger rate of decline was most recently in 2008 with a Minus of 11.3 percent. At the same time, the Association of chief Mike Hawes warned of the existential threats for the industry, with around 850,000 workers in the case of a disorderly EU-exit of the British.
After two record years, as a result of contraction in the British car sales as early as 2017. Vehicles led to the collapse last year, a lower demand for diesel now abermalsvor. She went back to the data, almost 30 per cent reflecting the development in other countries. Also stringent exhaust emission regulations, which became effective in September, it has slowed down according to the Association of the business.
