Tuesday, August 10, 2010

Car sales plunge for the first time in 12 months (UK)

For the first time in 12 months, sales of new cars have dived by 13.2% in July, to 136,446 units. This follows 12 successive monthly rises, however, the market still remains up 15.1% for this year compared with 2009. The SMMT (Society of Motor Manufacturers and Traders) said the figures are barely surprising since sales during the previous 12 months had been stimulated by the Government's

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