AGENCIES, London: Figures released by the global automotive industry for the month of April is a grim indication of how the retail businesses have been directly impacted as a result of coronavirus where business is virtually at a standstill due to lockdown restrictions. India reported zero sales of cars in April.
The situation in UK, is no better as new car registrations almost ground to a halt in April after coronavirus lockdown measures were introduced, Society for Motor Manufacturers and Traders (SMMT) has said.
Preliminary figures from industry body the SMMT show only 4,000 cars were registered, the lowest monthly level since 1946. April’s figure show a 97% plunge in sales month year-on-year.
The closure of car dealerships has hit consumer purchased and hence registrations.
SMMT said that of those 4,000 registrations, 70% were by companies buying for their fleets. The cars would most likely have been on order before the lockdown, said Mike Hawes, SMMT chief executive.
“If you are told to close all your car showrooms for the entirety of April it’s no surprise sales are almost non-existent,” he told the BBC.
Many of the 4,000 cars sold last month were needed to support key workers and for those who had a pressing need for them, an SMMT spokesman said.