As a bellwether for the economy, nothing beats the new car sales numeric as a shorthand for peering into the economic sentiment throughout the land.
In the UK new car sales are at their lowest for 24 years. New car sales fell to their lowest level in two decades last month as the global shortage of semiconductors hampered output.
The Society of Motor Manufacturers and Traders branded sales figures as “massively disappointing” for the industry. March registrations fell 14 percent to 243,479, their lowest since 1998.
