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Bloomberg
Britain’s car industry showed signs of improvement in June, spurred by the reopening of showrooms from lockdown measures designed to curtail the spread of Covid-19.
Registrations last month totaled 145,377 vehicles, a drop of 35% compared with June 2019, the Society of Motor Manufacturers and Traders said in a statement. Year to date, the tally is still 49% down, it added.
Improved footfall will be welcome news to showrooms and major local manufacturers like Jaguar Land Rover and Nissan Motor Co. Yet other European
car markets are pulling ahead, buoyed by government incentives to encourage drivers to trade in older cars for new ones. In France, car sales rose for the first time this year in June.
Like France, both Germany and Spain unveiled aid packages for the industry, while SMMT called for state support, saying one in six jobs are at risk. The UK is expected to be among the hardest hit among western economies.