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Lookers Plc

Demand for low-emission used cars up 30 percent – but most Brits still prefer petrol or diesel

More than two million used cars changed hands in Q3 2018, new data from the Society of Motor Manufactures and Traders (SMMT) has revealed.

This was, it adds, a slight 2.1 % on 2017 – but demand for ultra-low and zero-emission cars has rocketed, rising 28.6 % over the busy summer months.

Almost 30,000 ultra-clean used cars were sold, mainly hybrids and plug-in hybrids. The UK’s burgeoning electric car market is also starting to develop in the second-hand sector, with used EV sales rising 8.3 %.

 

Lookers Plc (LON:LOOK) strategy is to have the right brands and locations alongside excellent execution. Underpinning this strategy is our commitment to providing an outstanding retail experience. We have grown from humble beginnings as a bicycle retailer founded in 1908, to become a high performing business with a diverse commercial portfolio.

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