Private buyers are turning their backs on new pure electric cars but hybrids are selling well and there's industry concern that the Labour Government's "green" targets will be missed and manufacturers will pay big penalties. July signals a twenty-fourth month of consecutive growth for the new car market, reaching an impressive milestone of two full years … [Read more...]
Newslines 26 July
With the Olympics starting in Paris today, UK visitors to France are set for record levels - but motorists are being warned they are 20 times more likely to be breathalysed than in the UK. French police randomly test over 100 drivers per 1000 population, compared to just 5 per 1000 in Britain and the drink drive limit is 50mg, lower than the 80mg in England … [Read more...]
New car registrations pushed over a million
The UK new car market has hit the million motors mark for the first time in five years, after new car registrations rose in June by a modest 1.1% to reach 179,263 units, according to the Society of Motor Manufacturers and Traders. As a result, so far in 2024, 1,006,763 new cars have been registered, up 6.0% on the previous year but still down -20.7% on … [Read more...]
Businesses buying rise in UK car sales
The UK new car market marked its 22nd consecutive month of growth as registrations rose 1.7% in May, according to the latest figures from the Society of Motor Manufacturers and Traders. With 147,678 units reaching the road, it was the best May market performance since 2021, although it remains down some -19.6% on 2019. Fleets and businesses continued to … [Read more...]
Hot EVs shock for fleet costs
A new generation of “rapid” electric vehicles is creating potential business risk management and cost issues, warns FleetCheck. Peter Golding, managing director, pointed to emerging hot hatch EVs such as the 642bhp Hyundai Ioniq 5N (above) and 435ps MG4 XPower (below), both of which cover 0-60mph in around 3.5 seconds. “Just a few years ago, performance of … [Read more...]
Welsh car registrations soar in Spring drive
Nearly 11,000 new 24-plate cars were registered in Wales last month. That's more than the combined sales for January and February months through dealerships, according to SMMT data. They were nearly 9% up on March 2023, and the same in the first quarter of the sales' year. Nationally, sales were up 10% across the country with 317,443 registrations and … [Read more...]
Plate change boosted by fleet registrations
The 24-plate change boosted new-car registrations in March, according to SMMT figures. But private buyers have put the brakes on pure electric purchases and the car makers want Government incentives to be increased to meet emissions targets.. March signals a twentieth month of consecutive growth for the automotive sector, a remarkable milestone for the … [Read more...]
Newslines 9 February
Car dealers face becoming the focus of a new customers financial scandal similar to PPI claims of the last two decades. The Financial Conduct Authority is investigating cases of finance houses not paying out compensation to customers over now-banned ‘discretionary commission arrangements’ and the watchdog is using its powers under S166 of the Financial … [Read more...]
EV sales are trickling ahead of last year
Five of the largest EV manufacturers in UK market increased their sales last month compared to 12 months ago, according to the latest data from New AutoMotive’s Electric Car Count. The monthly report is the most up-to-date and comprehensive electric vehicle sales data in the UK, and reveals that 15 out of 20 manufacturers are selling more EVs than they did … [Read more...]
EV regs hit a million but petrol sales climbing too
Discounted business registrations meant Britain’s millionth battery electric car reached the road in January 2024, while the new car market grew 8.2% for the month, according to the Society of Motor Manufacturers and Traders. The first month of the year saw 142,876 new cars registered led by the Kia Sportage (above), which repeated its success of January … [Read more...]
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