Aggressive price cuts and own label offerings fuel Britain's rebound, putting it on track to surpass US in bottle volume

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Investing.com -- Tesla (NASDAQ:TSLA) new car sales in Britain increased by 12% year-on-year in June, according to data from research group New AutoMotive released Friday. The U.S. automaker sold 7,891 units in June compared to 7,019 units in the same month last year. The growth coincided with Tesla beginning deliveries of its updated Model Y in the UK last month. The increase in Tesla sales was part of a broader growth trend in Britain’s new car market. Overall, new car registrations in June grew 12.8% from the prior year to 187,655 units. Battery electric vehicles showed particularly strong performance, with sales increasing by 45.5% compared to June of the previous year, the data showed. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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