The UK new car market will fall by around 3.5% next year to around 2.6 million cars, predicts Glass’s. However, while the figure looks disappointing in isolation, the vehicle data provider points out that this will still be higher than any year in the last decade except 2016. Rupert Pontin, director of valuations, said: “We have become used to the new … [Read more...]
Summer sales cooling in showrooms
Britain’s new car market is “cooling" this summer. Figures from the Society of Motor Manufacturers and Traders showed a 0.1% rise compared to a year ago and put down to business sales keeping it ahead. Sales in the first seven months of 2016 were 1,599,159 but the industry has been expecting a slow down and SMMT chief executive Mike Hawes said it was … [Read more...]
Newslines 13 June
Monday afternoon is the most popular time to buy a new or used motor online, according to Buyacar.co.uk. Data crunched from thousands of consumers buying new or used cars on Buyacar.co.uk over the past year reveal 4pm on Monday as the most popular time for consumers to press the button on their next car purchase. … [Read more...]
February car sales hit 12 year high
Strong incentives from manufacturers and dealers pushed up registrations 8.4% in February on the eve of the new March number plate. Deals encouraged 22.6% more private buyers to sign on the dotted line and they were more interested in EVs and hybrids as well. SMMT figures out show 83,395 new cars registered in February, the highest in 12 years at this … [Read more...]
Car & CV sales hit UK record in 2015
New car sales broke all records in the UK last year. The SMMT said 2,633,503 new cars were registered helped by a bumper December of 180,077 and fleet registrations over 1.3 Million during the year. The sales last year went up 6.3% over 2014, exceeding predictions and the 2003 record of 2.5 Million. Wales and England were the only parts of the UK to … [Read more...]
European car sales rise nearly 10per cent
European new-car sales rose 9.8 percent in September with all major brands including Volkswagen showing strong gains. Incentive schemes to buy new cars and scrap older ones and the continuing economic recovery across southern Europe helped to lift demand, industry association ACEA said, raising total sales for the month in the EU and EFTA countries to … [Read more...]
Car sales continue rising across Europe
The European new-car market entered the second half of 2015 in good health, with total volume across the continent 9.1% higher in July than a year ago, marking 23 consecutive months of growth. Year-to-date, the market has grown by 8.6% compared to the same period a year earlier. Ireland, Spain and the Czech Republic performed well in July, with … [Read more...]
Cheap deals and new models fuel UK car sales
Society of Motor Manufacturers and Traders says registrations of new cars in the UK grew 7.0% in the first half of 2015 to the highest half-year total on record. A staggering 1,376,889 cars were registered between January and June – higher than the previous record of 1,376,565 in the same period in 2004. Buyers’ appetite for British-built cars is on … [Read more...]
Car sales are collapsing in perceived growth countries
The BRIC wall is crumbling. Brazil's auto industry is expecting this year's downturn to be its worst since 1998, according to estimates from the national automakers association Anfavea, which slashed its 2015 outlook for the second time in two months. Automotive News reports that production is likely to drop 18 percent from last year, Anfavea said, … [Read more...]
New car sales slipped last month in Wales
Car sales in Wales fell by over 5% last month. Overall UK new-car registrations in May rose by 2.4 percent year-on-year to 198,706 vehicles, said the Society of Motor Manufacturers and Traders.The SMMT said the increase meant sales were up by 5.7 percent in the first five months of the year. Registrations in the January-May period had been boosted by a … [Read more...]
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