New car sales continue to dip

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There were 54,359 new vehicles registered in February, a 21.9% dip on the February 2008 total, the Society of Motor Manufacturers and Traders (SMMT) said.

SMMT chief executive Paul Everitt said: "New car registrations continue to decline and although the Government recognises the strategic importance of the UK motor industry, urgent action is still needed.

"Other European countries have been proactive in assisting their automotive industries and it is imperative that the UK Government increases the pace in responding to industry proposals for a scrappage scheme and access to finance and credit."