The UK new car market recorded its ninth successive month of growth in April, with an 11.6% increase to reach 132,990 registrations, according to the latest figures from the Society of Motor Manufacturers and Traders. The performance marks the best April since 2021’s 141,583 units but remains -17.4% down on 2019 volumes. Large fleet registrations grew by a third (33.1%) to 68,537 units as the … [Read more...]
New car sales slowing quicker than expected
The brakes have gone on hard for sales in Britain's car showrooms. UK new car registrations fell -24.3% in June, according to the latest figures released today by the Society of Motor Manufacturers and Traders with 140,958 new vehicles registered, the weakest June performance in 26 years. Volkswagen emerged top last month with 8.27% of share, Vauxhall reached 7.07% and just behind was Ford … [Read more...]
Newslines 19 May
It now costs a few pennies short of £100 to fill a typical diesel car after the latest price hikes by fuel stations, says the RAC. The motoring body said petrol models were just behind at £92.20p for a 55 litres fill and they have never been so high. Ford of Europe together with 27 companies have joined an appeal to the European Union (EU) to ensure all new cars and vans in Europe are zero … [Read more...]
EV sales offer hope as new car market staggers
New car registrations in Wales rose the most in mainland Britain last month, according to figures from the Society of Motor Manufactuers and Traders. Welsh showrooms saw 4,166 new cars leaving in 2022 compared to 2,654 as the year started in 2021, a 56.97% jump. The latest figures from the SMMT show that 115,087 new cars were registered in January, some 24,838 more than the same month last year, … [Read more...]
Slow recovery in new car registrations
New car sales are slowly picking up after the first full month of showroom openings, said the Society of Motor Manufacturers and Traders. Registrations in May reached 156,737 units, an almost eightfold increase on the same month last year, but down -14.7% on pre-pandemic May 2019, and -13.2% on the 10-year May average. Against a more positive economic backdrop – including OECD forecasting a 7.2% … [Read more...]
21-plate sales stalled by lockdowns
Welsh and UK car dealers will miss the 21-plate registration scramble for March and are annoyed with Government. “We understand the importance of bringing the virus fully under control. However, it is very disappointing that dealerships will not be able to reopen until April,” said Sue Robinson, CEO of the National Franchised Dealers Association. “NFDA has already made the Government aware of … [Read more...]
Ford hold up best in Wales
Welsh dealers faired better than the UK average in a month of falling sales. Figures released yesterday by the car makers showed an 11.2% dip, mainly due to Scottish registrations and diesel orders collapsing, but in Wales the decline was just over 10% and it was the only part of the UK where Ford held onto the top two spots with Fiesta and Focus. In Wales the fall was not so steep at 10.4% … [Read more...]