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The Guardian - UK
The Guardian - UK
Business
Julia Kollewe

UK new car sales reach highest February figure in 20 years

United Kingdom SMMT
An electric vehicle charging
The Society of Motor Manufacturers and Traders said the budget was a chance to stimulate demand by halving VAT on new EVs for three years. Photograph: Murdo MacLeod/The Guardian

New car sales in the UK surged to the highest February figure in 20 years, boosted by companies buying electric vehicles for their fleets, even as private uptake of EVs declined.

Registrations of new cars climbed 14% year-on-year to 84,886 vehicles last month, the best February performance since 2004, according to the Society of Motor Manufacturers and Traders (SMMT).

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