UK: Car registrations record weakest August since 1966

LONDON (Reuters) – New car registrations in Britain had their worst August in more than 40 years last month, industry numbers showed on Thursday, adding to what was already a gloomy week for Europe’s car producers.

The monthly survey showed new registrations fell an annual 18.6 percent to record the weakest August since 1966, as the credit crunch and high fuel costs kept buyers out of the showrooms.

The Society of Motor Manufacturers and Traders said there were just 63,225 car registrations last month, compared to an average for August over the past eight years of around 75,000.

Reuters UK