New car market increased by around 14% in October

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Around 153,000 new cars were registered last month, the Society of Motor Manufacturers and Traders (SMMT) said.

The number of new cars registered in the UK in October increased by around 14%, preliminary figures show.

Its previous forecast, issued in July, predicted that registrations would reach around 1,847,000 this year and 1,951,000 next year.At least 22% of new cars sold by each manufacturer in the UK next year must be zero emission – which generally means pure electric – under the Government’s zero-emission vehicles mandate.

“If calls for delays to the rules of origin requirements are heeded, we can hope to see some significant growth in private new electric car sales over the coming months.”

 

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