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Evening Standard
Evening Standard
Business
Daniel O'Boyle

Electric vehicles drive new car surge and boost Lookers profits

Lookers SMMT

The car market showed signs of springing back to life as new registrations grew by 18% in March, while car dealership Lookers raised its full-year profit guidance on the back of strong Q1 figures.

According to the Society of Motor Manufacturers and Traders (SMMT), 287,825 vehicles were delivered in March, a month which typically sets the tone for the year ahead.

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