The UK’s franchised car retailers have been praised for their ability to adapt and meet the challenges of COVID-19 pandemic after the SMMT reported a 29.4% decline in new car registrations during 2020.
Society of Motor Manufacturers and Traders (SMMT) chief executive Mike Hawes has said he fears a “New Year nightmare” for UK car manufacturers if the UK Government and EU fail to reach a trade agreement.
The Society of Motor Manufacturers and Traders (SMMT) has said that a 'no-deal Brexit' would trigger a £2,800 uplift in electric vehicle (EV) prices and jeopardise the growing interest in green new cars.
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