(Reuters) – New car registrations in the UK dropped in January, preliminary industry data showed on Wednesday, due to slower demand from both fleet and private buyers.
The Society of Motor Manufacturers and Traders (SMMT) reported that overall registrations fell to approximately 137,000 units in January, with over a fifth of those being electric vehicles, aligning with the industry’s continued commitment to the shift towards EVs.
(Reporting by Anandita Mehrotra in Bengaluru; Editing by Alan Barona)
