Wealth Tribune
Wednesday, December 11, 2024
Wealth Tribune
Wednesday, December 11, 2024
Wealth Tribune
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Home Headlines UK’s July new car sales up more than 25%- SMMT

UK’s July new car sales up more than 25%- SMMT

by Uma Rajagopal
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2023 08 04T043332Z 1 LYNXMPEJ7304Q RTROPTP 4 BRITAIN ECONOMY AUTOS

UK’s July new car sales up more than 25%- SMMT

(Reuters) – New car registrations in Britain rose more than 25% in July from a year ago, marking its 12th consecutive monthly rise, preliminary industry data showed on Friday.

The Society of Motor Manufacturers and Traders (SMMT) said its new market outlook shows battery electric vehicles would have a 22.6% market share in 2024.

SMMT final figures for the month are due to be published at 0800 GMT.

 

(Reporting by Sinchita Mitra in Bengaluru; Editing by Shailesh Kuber)

 

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Uma Rajagopal

Uma Rajagopal has been managing the posting of content for multiple platforms since 2021, including Global Banking & Finance Review, Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune. Her role ensures that content is published accurately and efficiently across these diverse publications.