The new, “thin” Brexit deal that is now in effect leaves many unanswered questions that could have serious implications for the UK motor industry, warns the Vehicle Remarketing Association. The trade organisation says that several key points surrounding the future of manufacturing and cross-border movement of vehicles remain vague or undefined. Sam Watkins … [Read more...]
EVs on charge in collapsed UK market
The UK new car market fell almost a third last year with registrations dropping 29.4% to 1,631,064 units, according to the Society of Motor Manufacturers and Traders today. A -10.9% decline in December wrapped up a turbulent year, which saw demand fall by 680,076 units over 12-months to the lowest level of registrations since 1992. Against a backdrop of … [Read more...]
Tradelines 6 January
Sales of electric cars have overtaken petrol and diesel in Norway. Tesla has also been knocked off the top spot by Volkswagen as BEVs collected 54.3% of registrations in 2020. As it eased into its second century, luxury Bentley sales soared to their highest ever despite the pandemic last year. The Crewe-based company saw 11,206 registrations around the … [Read more...]
Brexit deal provides hope for automotive sector
The Society of Motor Manufacturers and Traders want to ensure all automotive companies benefit from continued tariff-free trade with our largest market after agreeing on Brexit terms. While no substitute for the benefits provided by remaining in the EU, the TCA provides hope for the future, with a foundation on which to build, domestically and … [Read more...]
SUV sales are stalling as hatchbacks & wagons pick up
November saw a double-digit year-on-year drop in European new car registrations as part of the ongoing impact of the coronavirus pandemic. In November, the market registered 1,045,129 new cars – 13% less than for the same period in 2019 and it has recorded the lowest volume since 2014, when just 989,500 units were registered. Year-to-date figures continue … [Read more...]
Motorbikes rebalancing after virus-hit
November’s motorcycle sales figures confirmed a fantastic year on year performance, during a challenging trading period, with dealers embracing the use of click and collect to meet consumer demand through the second lockdown, said Paddy O’Connell, Head of the National Motorcycle Dealers Association. Commenting on the latest MCIA motorcycle sales figures, he … [Read more...]
Tradelines 9 December
Aston Martin is seeing “phenomenal” demand, with a rebound in China, said the company’s executive chairman and billionaire investor Lawrence Stroll. “Demand right now is phenomenal,” he told the Financial Times’ The Future of the Car digital conference, adding “China really returned first and strongest, and is gangbusters.” GKN Automotive is strengthening … [Read more...]
Volvo XC60 range widens
Volvo's award-winning XC60 mid-size SUV is now available with a full range of electrified powertrains. The former World Car of the Year is offered purely with hybrid power, from mild-hybrid petrols and diesels to petrol-electric plug-in hybrids. Every mild-hybrid powertrain in the XC60 range combines a powerful 2.0-litre engine with a 48-volt battery and … [Read more...]
UK car sales plunge nearly 30% in November
New car registrations slumped by 27.4% in November in Britain, according to the Society of Motor Manufactuers and Traders, as English showrooms were closed in the latest lockdown. Click and collect helped sals achieve 113,781 and “With a vaccine now approved, the business and consumer confidence on which this sector depends can only improve, giving the … [Read more...]
Naran muscles into motoring world
Naran Automotive, the new manufacturer of luxury ultra-high performance cars, has revealed the exterior design of its first model – The Naran. The four-seater hyper-coupé will deliver an authentic GT3-style driving experience for the road when it arrives next year, combining the uncompromising performance and dynamics of a track-focused hypercar, with … [Read more...]
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