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| Car sales fall again in November | Car sales fall again in November |
| (30 minutes later) | |
| Sales of new cars in the UK fell in November by 36.8% on the previous year, to 100,333 vehicles, as a fall in consumer confidence hit the sector. | Sales of new cars in the UK fell in November by 36.8% on the previous year, to 100,333 vehicles, as a fall in consumer confidence hit the sector. |
| Figures from the Society of Motor Manufacturers and Traders (SMMT) also showed year-to-date sales to be 10.7% lower at 2,023,104. | Figures from the Society of Motor Manufacturers and Traders (SMMT) also showed year-to-date sales to be 10.7% lower at 2,023,104. |
| It said the month had been another difficult one for the industry. | |
| Car sales, an indicator of economic confidence, have fallen victim to the wider downturn. | Car sales, an indicator of economic confidence, have fallen victim to the wider downturn. |
| New car sales have now fallen for seven months in a row. | New car sales have now fallen for seven months in a row. |
| "November has been another difficult month for the motor industry and whilst some consumers may have delayed their purchases to take advantage of the recent VAT reductions, overall demand continues to fall," said Paul Everitt, SMMT chief executive. | "November has been another difficult month for the motor industry and whilst some consumers may have delayed their purchases to take advantage of the recent VAT reductions, overall demand continues to fall," said Paul Everitt, SMMT chief executive. |
| "Urgent action is now required to ease access to credit and finance, both to support consumers and meet the cash-flow needs of the industry." | "Urgent action is now required to ease access to credit and finance, both to support consumers and meet the cash-flow needs of the industry." |
| The SMMT said the decline was most pronounced in the market for private cars, with registrations down 45.1% in November. | |
| The annual fall was the biggest since June 1980, except for a shortfall in 1999 due to the move to a twice yearly change in registration plate. |