Dealers are pushing sales now amid fears that prices and borrowing costs will increase after Brexit ANDY RAIN/EPANew car registrations have fallen for a fifth month running and the slump in sales of diesel vehicles has continued, now making up less than a 30 per cent of the market, an historic low. Sales of electric and hybrid vehicles offset some of the diesel fall out, increasing by 26 per cent year on year. In January, one of the slacker sales months of the year, 161,013 new cars were registered, a fall of 1.6 per cent. That continues the depression in the sector after car sales dropped 6.8 per cent to 2.37 million in 2018. The talk in the showrooms is of widespread discounting to lure in motorists and lock them into three- or four-year finance deals before Brexit when, it is argued,…

Source: The Times February 05, 2019 12:00 UTC