Currently reading: UK new car market set for pressures likened to 2008 economic crash

Cox Automotive forecast warns of volatile end to 2024 caused by rush to hit ZEV mandate targets

The new car market will be hit with challenges and pressures at the end of 2024 that will be  reminiscent of, and may even surpass, those felt during the 2008 economic crash and the pandemic in 2020, a new report claims.

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