UK new car registrations jump about 14% YoY in January

(Reuters) - New car registrations in the United Kingdom rose for the sixth consecutive month, recording an about 14% annual rise in January, according to preliminary industry data released on Monday.

The Society of Motor Manufacturers and Traders (SMMT) said it expects registrations to rise 11% to 1.79 million units in 2023, despite strained supply chains and inflationary pressures in the UK.

The SMMT will provide the final figures for the month at 0900 GMT.

(Reporting by Muhammed Husain in Bengaluru; Editing by Varun H K)