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Car dealers across the UK are coming under pressure from a significant drop in activity, new figures released today suggest.
Following reports that new car registrations were down 10 per cent in July compared to the same month in 2016, new figures released by the Society of Motor Manufacturers and Traders have showed there's been an even bigger drop-off in second-hand purchases - a 13.5 decent decline.
Last month alone, new diesel sales were down 20 per cent as the government continued to discuss additional surcharges for the fuel type.
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However, used diesel vehicle transactions were only 0.1 per cent behind in the second quarter of 2017, while petrol fell 8.9 per cent - almost in total contrast to what's happening on the new-car market.
Director, Alex Buttle, said: 'What's most interesting here is that diesel sales are remaining relatively steady, when we might have expected to see motorists fleeing to petrol cars in their droves with the impending toxin tax.'We think this is because there are now better deals than ever available on diesel cars.