Consumer new car finance volumes declined 25% in 2020, FLA reports am-online.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from am-online.com Daily Mail and Mail on Sunday newspapers.
The Society of Motor Manufacturers and Traders (SMMT) has revealed that used car dealers delivered four consecutive months of sales growth in 2020 – despite months of enforced showroom closures in COVID-19 lockdown.
Transactions of second-hand motors fell to 6,752,959 cars - down 1,182,146 on 2019 sales, making it the lowest performing year since 2012, it has been confirmed.