Coronavirus leads to bigger drop in car sales than after financial crash

CAR REGISTRATIONS fell by 44.4% in March compared to the same month last year, according to the latest report from the Society of Motor Manufacturers and Traders (SMMT) — a bigger fall than after the financial crisis of 2008. Covid-19 is undoubtedly the biggest reason for the steep decline in registrations, with the spread of the … Continue reading Coronavirus leads to bigger drop in car sales than after financial crash