May 5, 2020
British new car sales slumped by around 97% in April to the lowest level of any month since February 1946 with factories and dealerships shut due to the coronavirus outbreak, according to preliminary data from an industry body.
Lockdown measures have been in place across Europe since mid-March to contain the pandemic, leading to the closure of many businesses and limiting people’s movements.
In February 1946, just a few months after the end of World War Two, just 4,044 new cars were sold in Britain, which was still undergoing rationing and trying to rebuild after wartime destruction, under its first majority Labour government.
Last month, around 4,000 cars were registered with most of the sales being fleet purchases, according to preliminary data from the Society of Motor Manufacturers and Traders (SMMT).
It further downgraded its full-year forecast to 1.68 million registrations compared with last year’s total of 2.31 million cars. The SMMT will publish its final figures at 0800 GMT on Tuesday.
Also read: Coronavirus Lockdown Live Updates: After Delhi, Andhra Pradesh hikes liquor price by 75%; India’s cases-46,433
Also read: After 44-day shutdown, Hero MotoCorp to restart production with minimum staff
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.