New-car sales in the U.K. inched up 0.03% year-on-year to 128,853 units in January. Society of Motor Manufacturers and Traders CEO Paul Everitt calls the marginal rise a welcome sign of stability in uncertain economic times. The organization revised its full-year forecast for the 2012 new-car market downward to 1.92 million units, a 1.1% drop from year-ago sales of 1.94 million. SMMT says the economic outlook remains weak and continues to make the new-car market challenging, yet ...
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