WATCH: Sparks fly in thrilling King of the Hill

A new King of the Hill was crowned and saw the reign of two others extended today with a thrilling finale at #JaguarSHC.

8 fast cats score trophies at #JaguarSHC

The 10th Jaguar Simola Hillclimb was a successful affair for Team Jaguar, with a total of eight podium finishes for all eight entries across various categories.

UK car sales fall in 2018, biggest drop since financial crisis

2019-01-08 06:18
Line of cars

Image: iStock

A lobby group for the UK auto industry says new vehicle sales in 2018 fell by their biggest rate since the global financial crisis a decade ago.

The Society of Motor Manufacturers and Traders said on Monday that new car sales during the year were down by 6.8% from the year before at 2.37 million units.

READ: 'The automotive sector needs clarity' - Aston Martin issues statement on Brexit

That's the biggest decline since 2008 when the British economy sank into a deep recession in the wake of the financial crisis.

Mike Hawes, the group's chief executive, says "falling consumer confidence, confusing fiscal and policy messages and shortages due to regulatory changes have combined to create a highly turbulent market."

Without directly blaming the fall on Brexit uncertainty, Hawes said these figures "should act as a wake-up call for policymakers."


There are new stories on the homepage. Click here to see them.