New figures show this morning that months of decline in the new car market has come to a halt. Registrations of new cars increased by 1.2 percent last month compared with August 2021, according to the Society of Motor Manufacturers and Traders (SMMT). Some 68,858 new cars were registered in the first monthly growth since February. Sales of new cars during the year so far are 35.3 percent down on the same period in the pre-pandemic year of 2019. August is traditionally one of the quietest months of the year for the industry as many buyers choose…
