UK's used car market grows in third quarter, led by surge in EV sales

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Production Statistics & Forecasts

Sales of used BEVs soared by 57.0%, capturing a record market share, as total transactions reach nearly 6 million units in the first nine months of 2024

UK automotive trade body Society of Motor Manufacturers and Traders (SMMT) has announced that the nation'sĀ used car market saw a significant uptick in the third quarter of 2024, growing by 4.3%, according to a press release dated Nov. 7.

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