The U.K. new-car market achieved a record 2016, with sales rising for the fifth year in a row, up 2.3% to 2,692,786 units, the Society of Motor Manufacturers and Traders says. The market saw increases in 10 of the 12 months, finishing with a December result down 1.1% year-over-year at 178,022 units. SMMT CEO Mike Hawes says buyers were attracted by a range of new models and special financing deals, leaving the year-end total broadly in line with expectations. He calls the region’s ...

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