Lookers steers course through toughest market for 18 years

New car sales edged down 2.5 per cent on the year in February to 61,868 vehicles, figures from the Society of Motor Manufacturers and Traders showed.

However, February accounts for just 3.3 per cent of annual new car registrations, ahead of the registration plate change in March. IHS Global Insight analyst Howard Archer said: “The motor industry currently faces challenging conditions.”

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