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Sales of new cars slump

Source PA News

Updated on 07 January 2009

New car sales slumped again last month, dragging total sales for 2008 down 11.3% compared with 2007.

A total of 108,691 new cars were registered in December - 21.2% down on the December 2007 figure, the Society of Motor Manufacturers and Traders (SMMT) said.

Sales for the whole of 2008 totalled 2,131,795 - down from 2,404,007 in 2007, with the SMMT forecasting that this year will be considerably worse.

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