Recent data from the Society of Motor Manufacturers and Traders (SMMT) indicates that the UK new car market is anticipated to experience a slight decline in November. This follows a period of growth earlier in the year, marking a shift in market dynamics. Factors such as changing consumer preferences and economic uncertainties are attributed to this downturn. The report highlights the influence of economic challenges and evolving market conditions on vehicle sales. Despite the slight fall, the automotive industry remains optimistic, with expectations of stabilization in the coming months. Stakeholders within the sector are urged to monitor these trends closely as they shape future strategies.
ReutersNew data shows smarter solutions to change-of-mind returns as retailers crack down
August 3, 2026
In a bid to address the rising costs associated with change-of-mind returns, many retailers are implementing stricter policies. However, recent data suggests that a more