Weakest UK August car sales since 2013 as supply shortages bite – business live | Business
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UK car sales have dropped as the sector struggles with supply chain problems and staff shortages, and the pandemic weighs on the economy.
The latest industry data, being released this morning, is expected to show new car registrations in August fell by around 22% compared with a year ago, as the global shortage of semiconductor chips continues to hit output.
This follows a drop of almost 30% in July, when the ‘pingdemic’ of people self-isolating also hit sales.
Demand could also be suffering from more people shifting to hybrid working patterns, and the dip in UK consumer confidence in August.
Reuters has more details:
British new car registrations in August fell 22% year on year, preliminary industry data showed on Monday, with the sector still battling…
