UK used car sales soared to their best ever second quarter, lifted by pent-up demand as lockdown restrictions eased, according to the motor industry trade body.
The global chip shortage has constricted the supply of new cars but boosted purchases of used vehicles, which doubled to about 2.17m units in the three months to June compared with the same period a year ago, data from the Society of Motor Manufacturers and Traders showed on Tuesday.
Marshall Motor Holdings Plc (LON:MMH), together with its subsidiaries, engages in retailing passenger cars and commercial vehicles in the United Kingdom. It sells new and used vehicles; and provides after sales services, such as servicing, body shop repairs, and parts sales.