Chip shortages hit UK car registrations in March but electric car sales boom – business live

  • 📰 Guardian news
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 68%

Business News News

Business Business Latest News,Business Business Headlines

Rolling coverage of the latest economic and financial news

Just in: UK car sales in March were their weakest in 24 year, in a ‘deeply disappointing’ result for the industry. Sales fell 14.3% to 243,479 units. The shortage of semiconductors continues to hurt new vehicle production, meaning there were fewer models on sale...at a time when the cost of living crisis is hitting household spending. It was a record month for battery electric car sales, with registrations of BEVs up almost 79% compared with a year ago to 39,315.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 28. in BUSİNESS

Business Business Latest News, Business Business Headlines