The European car market saw spectacular growth in August, recording the highest August result in the last twenty years. But this strong growth was artificial as registrations were boosted by stock clearances ahead of the introduction of tougher new emissions tests under the World Light Car Test Programme, or WLTP, on the 1 September. This is evidenced by … [Read more...]
VW T-Roc surges as Europe recovers & UK falters
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 … [Read more...]
Falling car sales hit trade and Government revenues
An estimated £2.6 billion loss of revenue has resulted from the 5.7% fall in new car sales last year given by figures from the Society of Motor Manufacturers & Traders, according to AA Cars. AA Cars explored the key reasons underpinning this decline in new car sales and surveyed almost 20,000 drivers. It found that 31% of motorists blamed this … [Read more...]
Welsh car sales holding up better than UK
New car registrations fell 12.2% in October across all parts of the market, said the Society of Motor Manufacturers and Traders today. Sales totalled 158,192, leaving registrations in the year to date down 4.6% compared with 2016 led by a decline in business and consumer confidence, said the SMMT chief executive Michael Hawes. Demand for diesel cars … [Read more...]
Newslines 7 October
The most remarkable results in the history of the Fleet World/ALD Automotive MPG Marathon were recorded at this year’s event, including the highest ever figure for a diesel car and a petrol-engined competitor nearly topping 100mpg, proved that green engine technology in all its forms is moving on in huge strides. The overall winner, with a record-breaking … [Read more...]
Diesel sales take another knock
Diesel car sales in the UK have fallen again. Figures from the SMMT monthly registration show a drop of 20,000 diesels in May compared with a year ago and some believe this is the beginning of the end of the diesel engine in the wake of emissions concerns. It will come as a blow to vehicle makers who have invested millions of pounds, euros and dollars … [Read more...]
Car makers optimistic for rising sales in 2017
European car makers are now more optimistic for sales this year than at the beginning of 2017. Following its annual meeting in Berlin it forecast 2017 car registrations in the EU will rise +1.5-2% compared to the earlier prediction of 1%. Over 12.5 million Europeans now work directly or indirectly in the automotive sector, representing 5.7% of total EU … [Read more...]
Car makers move streets ahead on-line
Ford is streets ahead of rivals on-line, that’s the conclusion of a marketing study by Mediaworks. The analysis by Mediaworks looks at the success of selling brands on the web and it contains a few surprises. Coming after two other reports showed that younger buyers are most influenced by advertising and also that savvy-buyers are now beginning their … [Read more...]
Massive jump in AVF UK sales as diesels dip
Hybrids and electric cars saw a massive boost in registrations last month at the expense of diesel. Diesel sales dipped nearly 10%, petrol went up almost 6% but the real surprise was a 49% jump in alternatively powered models, the biggest since they entered the market several years ago, said the SMMT. A combination of concerns over emissions and … [Read more...]
Dealers’ positive view of sales prospects this year
The majority of UK car dealerships are positive about their business prospects for 2017, with 65% expecting growth over the next year, say Close Brothers Motor Finance. Despite many industry figures predicting the sector will contract in 2017, the majority of dealers surveyed monthly by Close Brothers Motor Finance remain resolutely positive about the … [Read more...]
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