New car sales rose 1.7% year on year in November, ending four consecutive months of decline. The Society of Motor Manufacturers and Traders reported 115,706 new cars were registered last month, up from 113,781 in the same period last year. The trade body noted this small uptick "must be viewed in the context of a weak 2020, when lockdowns impacted … [Read more...]
Car production & sales stagnate on shortages
Car sales in Wales crashed over 26% last month, the worst of any part in the UK. Just 2,363 new models were registered and that's even below the 3,230 recorded in the pandemic hit showrooms of last year and the total for the country was a little over 68,000. It was a very dismal August for the motor trade across the country, the lowest figures … [Read more...]
Wales’s car sales sky-rocket after lockdown
Car sales in Wales last month rocketed over 6,750%, the biggest jump in mainland Britain, said the Society of Motor Manufacturers and Traders. Only Northern Ireland exceeded this leap in 12 months when showrooms recorded 13,629% rise. Scotland saw a 5,686 jump but English dealers trailed with just under 3,000%. Last month, total UK new registrations … [Read more...]
Electric car sales surge, but Wales sees big loss
Electric car sales are charging ahead on British roads. Figures from the Society of Motor Manufacturers and Traders show ev registrations hit a record and hybrid sales last month were higher than September 2020, the previous best for the dual fuel vehicles. It's also the first month that the Tesla Model 3 EV, pictured above, has been officially recognised … [Read more...]
A quarter of new cars will be hybrids, say buyers
One in four UK drivers plan to opt for a hybrid car as their next vehicle purchase, according to research conducted for Close Brothers Motor Finance’s upcoming Britain Under the Bonnet Report. The fifth iteration of the report reveals that the desire to purchase a hybrid vehicle has accelerated to 26% from 21% in 2020. And this is largely stable across age … [Read more...]
UK car sales hit 50 year low
Pressure is mounting for new car prices to be slashed after sales plunged to their lowest for 50 years in January. Buyers who cannot visit showrooms during lockdown and who are concerned about jobs and income have put the brakes on business and now manufactuers face fines if they cannot reduce their fleet average this autumn. More sales have moved on-line … [Read more...]
UK car sales plunge nearly 30% in November
New car registrations slumped by 27.4% in November in Britain, according to the Society of Motor Manufactuers and Traders, as English showrooms were closed in the latest lockdown. Click and collect helped sals achieve 113,781 and “With a vaccine now approved, the business and consumer confidence on which this sector depends can only improve, giving the … [Read more...]
New car sales rise in hoped for lift to market
Pent up demand after lockdown eased is thought to have driven a rise in new car registrations last month. Figures from the Society for Motor Manufacturers and Traders due to be released later this morning are expected to show an 11% rise compared with the same month in 2019. December saw the last increase but it was a blip after a year of decline. The new … [Read more...]
Wales bucks UK trend and buys more cars
New car buyers in Wales have bucked the national trend and registered more models than 12 months ago. Registrations in Wales went up 8.93% in February to 2,610 new cars – 2,396 same time last year – as part of the 79,234 UK total, which was down 2.96% overall. Scotland suffered the steepest droop of 14.75%, Northern Ireland dipped 8.46% and England slipped … [Read more...]
Car makers rising concerns over Brexit
European Union car-makers have joined forces to warn of billions of euros in losses in the event of a no-deal Brexit. Groups including the European Automobile Manufacturers’ Association, the European Association of Automotive Suppliers and 17 national bodies warned of the impact of “no-deal” and the effect on 13.8 million people in the European Union … [Read more...]
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