Financial Times FT.com

UK car registrations fall less than feared

By John Willman, Business Editor

Published: January 7 2009 09:44 | Last updated: January 7 2009 09:46

New car registrations fell 21.2 per cent in the UK last month compared with December 2007, but the pace of decline was less than the expected 35 per cent.

The Society of Motor Manufacturers and Traders said the cut in value added tax from 17.5 per cent to 15 per cent on December 1 may have been a contributory factor in the smaller than expected dip in sales.

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