UK New Car Registrations Down by 30 Percent in 2020

Used and new cars are pictured on the forecourt of a re-opened Mini car dealership, in Hook, southwest of London, on June 1, 2020. Adrian Dennis/AFP via Getty Images

The UK new car market fell by almost a third in 2020 as a result of CCP virus lockdowns, new climate rules, and Brexit uncertainty, an auto industry group has revealed.

Annual new car registrations dropped by 680,076 units, or 29.4 percent, to just 1,631,064 units, the lowest level of registrations since 1992, according to figures published by the Society of Motor Manufacturers and Traders (SMMT) on Wednesday.