The European car market is more dynamic than ever before, recording its best H1 performance of the century,reports analyst firm JATO. There were 8.6 million car registrations between January and June – a year on year increase of 2.7%. Despite uncertainty in the UK, where the market was down 6.3% on H1 2017, the growth recorded in Germany, France and Spain allowed the overall market to keep … [Read more...]
Europe is turning its back on diesel, says JATO
The decline in diesel sales is accelerating across Europe. The European car industry had a solid 2017, with new registrations totalling 15.57 million, an increase of 3.1% when compared to 2016 and the highest volume of registrations since 2007 when 16.02 million units were registered but there is still concern over the results of the UK, according to the latest annual summary by JATO … [Read more...]
Renault-Nissan heading for World No1
The Renault-Nissan alliance which has acquired a controlling stake in Mitsubishi is on target to become the world’s biggest manufacturer. Even before it took Mitsubishi under its wing, the Franco-Japanese company thought it would be in the world’s top three by 2018, with VW and Toyota vying for the top spot. But the Mitsubishi deal has moved them ahead in production and JATO Dynamics says it … [Read more...]
Newslines 11 February
The Mercedes-AMG E 63 4MATIC+ is now available to order, with prices starting from £78,935. The E 63 S 4MATIC+ costs £88,295, while the E 63 S 4MATIC+ Edition 1 is available for £106,585 and first deliveries are in June. McLaren Automotive will create more than 200 jobs in Britain. It will bring production of its carbon-fibre chassis from Austria to Sheffield, with full production due to … [Read more...]
Newslines 28 June
Aston Martin has lost money for the fifth year in a row. It reported a pre-tax loss of £127.9 million in 2015 as the number of cars it sold fell below expectations, and it invested in expansion, including its new Welsh factory plans and in 2014, the company reported a pre-tax loss of £71.8 million and said that it had sold 3,615 cars last year, down from 3,661 in 2014. The UK's leading road … [Read more...]
UK car makers enjoying share of Euro boom
British car production rose 16.4 percent year-on-year in April, boosted by strong demand from overseas. Total car production reached 149,334 vehicles last month, the Society of Motor Manufacturers and Traders said, with production for export jumping 23.7 percent while those built for domestic demand slipped 7.8 percent. New car registrations in the 29 European markets covered by JATO … [Read more...]