U.K. new-car sales fell 17.5% in August to 55,305 units, with the industry noting the 67,007 units sold in prior-year were boosted by the government’s “cash-for-clunkers” program. In August 2009, more than 16,000 cars, or 25% of the market, were registered through the scrappage scheme. The Society of Motor Manufacturers and Traders says last month’s result was the second consecutive monthly fall, a pattern it expects to continue through year’s end. Despite this, year-to-date ...
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