U.K. new-car sales slid 6.2% in June to 183,125 units, but the Society of Motor Manufacturers and Traders says the market still is on par with expectations to achieve 1.93 million units over the full year. SMMT CEO Paul Everitt says June saw robust demand in the fleet sector, but a relatively weak retail market. However, the pace of decline moderated in the second quarter in line with the industry group’s forecast. Despite falling new-car sales in each of the last 12 months, following ...
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