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June 4, 2020, 4:17 a.m. EDT

U.K. car sales plunge 89% in May

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By Steve Goldstein

U.K. car sales fell 89% in May compared to the prior year period, according to the Society of Motor Manufacturers & Traders. According to the SMMT, 20,247 cars were registered in the month, as "click and collect" services, allowed from mid-month, saw some movement in the market. Car dealerships were permitted to reopen on June 1. The Tesla /zigman2/quotes/203558040/composite TSLA +10.78% Model 3 was the top selling vehicle with 852 sales, the second month in a row Tesla came on top. For the year, the Ford /zigman2/quotes/208911460/composite F +4.45% Fiesta is the top selling vehicle.

/zigman2/quotes/203558040/composite
US : U.S.: Nasdaq
$ 1,544.65
+150.37 +10.78%
Volume: 23.34M
July 10, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$258.60 billion
Rev. per Employee
$439,627
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/zigman2/quotes/208911460/composite
US : U.S.: NYSE
$ 6.10
+0.26 +4.45%
Volume: 73.71M
July 10, 2020 4:02p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$23.23 billion
Rev. per Employee
$805,719
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