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

Published by Uma Rajagopal

Posted on August 4, 2023

1 min read

· Last updated: February 1, 2026

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Imported cars parked at Sheerness port, reflecting UK's rising new car sales - Global Banking & Finance Review
The image shows imported cars parked at Sheerness port, highlighting the UK's remarkable 25% increase in new car sales for July, as reported by SMMT. This rise marks a significant trend in the automotive market.
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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 […]

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)

Frequently Asked Questions

What is a battery electric vehicle?
A battery electric vehicle (BEV) is a type of electric vehicle that is powered entirely by electricity stored in batteries, with no internal combustion engine.
What is an automotive industry?
The automotive industry encompasses all companies and activities involved in the design, development, manufacturing, marketing, and selling of motor vehicles.

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