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UK Car Sales Tumble 10.4% Amidst New Tax Hikes

UK new car sales plummeted 10.4 percent in April 2025 to 120,331 registrations due to doubled Vehicle Excise Duty (VED) rates introduced by Chancellor Rachel Reeves, impacting all new petrol, diesel, hybrid, and electric vehicles, particularly premium models costing over £40,000, and significantly r...

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