Despite all its diesel issues and bad publicity, Volkswagen ended 2016 as the world’s best selling group. It knocked Toyota from top spot and the merged Renault-Nissan company was third with Hyundai in fourth place, GM beat Ford followed by Honda and Fiat Chrysler and top marques were completed by PSA Peugeot Citroen and Suzuki. A South Korean court … [Read more...]
Newslines 6 January
Petrol and diesel prices rose by around 3p a litre in December taking them to their highest average since July 2015. RAC Fuel Watch data for the last month of 2016 showed unleaded hit 117.23p a litre and diesel 119.63p having been 114.24p and 116.56p a litre at the beginning of the month as petrol went up the most in Scotland and the north east while it … [Read more...]
‘Grey sales’ are bringing colour to UK market
New car registrations are booming but there are doubts over who is actually making sales. The SMMT said yesterday that 2,685,724 new cars were registered last year, a 2.3% increase on the year beforehand and fifth year of growth. But the registrations in Wales, the only part of the country to see a fall, dipped 1.4% to 91,940. That could be … [Read more...]
EV revolution threatens Welsh parts’ jobs
There has been a stark warning of what could happen to the automotive components industry in Wales as electric vehicles increase around the world. The global developments of electric vehicles will cut demand for diesel cars in particular and to a lesser extent, petrol cars. Companies supplying traditional parts for internal combustion engines and … [Read more...]
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