UK New Car Sales Plunge 97 Percent to Lowest Level Since 1946

UK New Car Sales Plunge 97 Percent to Lowest Level Since 1946
Cars are displayed outside a Volvo showroom in west London on Oct. 4, 2013. Luke MacGregor/File Photo/Reuters
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LONDON—British new car sales slumped by an annual 97 percent in April to the lowest level of any month since February 1946 as factories and dealerships shut due to the CCP virus outbreak.

The collapse in car sales puts more pressure on the UK economy, which is on course for an unprecedented quarterly contraction of at least 7 percent, a survey showed on May 5, as the CCP (Chinese Communist Party) virus crimps activity.