The motor trade has seen little improvement in business since Covid restrictions and components shortages ended almost exactly 12 months ago, they have told their trade body. “New car sales have now seen 12 consecutive months of recovery since the pandemic related supply chain shortages. NFDA conducted a flash poll of its members and found that retailers have seen little change in the business … [Read more...]
Diesel sales falter as evs power up
Diesel sales are collapsing around the country as registrations of new electric cars are growing. The ev growth is fastest in North East England and Oxfordshire , according to New AutoMotive’s monthly data release, the Electric Car Count, which tracks new car registrations in the UK. Ben Nelmes, Head of Policy and Research at New AutoMotive, said, “Across the UK demand for electric … [Read more...]
“Diesel in terminal decline” – July car sales analysis
Hybrid and electric car sales have broken records while diesel continues terminal decline, according to the latest car sales figures from the industry in Britain. The Society of Motor Manufacturers and Traders July registrations showed a very modest 1.2% rise in overall sales, helped by strong demand for convertibles and sales incentives by manufacturers and dealers after months of … [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 Spain allowed the overall market to keep … [Read more...]
European sales rise but diesel feels the heat
Amid rising car sales across Europe, diesel is declining and hybrid and electric vehicles are catching up. ACEA has published its Economic and Market Report for the first quarter of 2017, with the latest figures on the economy as well as registrations, production and trade of cars and commercial vehicles. This 31-page Economic and Market Report contains a wealth of information and some of the … [Read more...]