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United Kingdom saw big drop in car buying during COVID-19 crisis

By May 2020, the number of people in the United Kingdom who were likely or very likely to buy a new or used car declined by 39 percent. Two-thirds of potential buyers said they were likely to delay their purchase by four to six months—or even longer.

Short-term car-purchase intent has decreased almost 40 percent in the United Kingdom because of the pandemic.
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To read the article, see “Moving forward: How COVID-19 will affect mobility in the United Kingdom,” June 17, 2020.