New car registrations are booming but there are doubts over who is actually making sales. The SMMT said yesterday that 2,685,724 new cars were registered last year, a 2.3% increase on the year beforehand and fifth year of growth. But the registrations in Wales, the only part of the country to see a fall, dipped 1.4% to 91,940. That could be … [Read more...]
PCP schemes expected to cost more
The falling value of the pound is likely to see monthly PCP new car payments rise in 2017, predicts Glass’s. The vehicle data specialist says that manufacturers importing their vehicles into the UK will need to recoup margins somewhere and that PCP payments are the least unpalatable choice. Rupert Pontin, director of valuations, explained, “The pound … [Read more...]
Web-sales and auctions are changing market
New disposal routes to market are helping to maintain values as the number of used cars available continues to grow, reports epyx. The company says that online platforms such as its own 1link Disposal Network – which has seen a 65% year-on-year increase in the numbers of vehicles sold - are helping to take the pressure off traditional disposal channels … [Read more...]
August new car sales surprise
The UK new car market achieved modest growth in August as registrations rose 3.3% against the same month last year, according to the Society of Motor Manufacturers and Traders. There were 81,640 new cars registered in the month, with year-to-date performance remaining positive, up 2.8% to 1.68 million units. The fleet sector drove the growth buoyed by … [Read more...]
Car market is just about holding its own for now
The new car registration figures for July from the SMMT are broadly in line with Glass’s expectations and it is good to see that the market appears to be holding its own for the moment in a general climate of consumer concern. However, it is important to note that private vehicle registrations have dropped noticeably this month and this is becoming a bit … [Read more...]
UK new car sales go into reverse
Wales' football success is thought to have scored an own goal in car showrooms as new car sales dipped in June after four years of sustained growth. SMMT chief executive Mike Hawes said the industry had seen a cooling off in showrooms for a few months and it was too soon to attribute the dip of 0.8% to the Referendum vote. “It’s important Government … [Read more...]
New car registrations hit 14 year high
New car registrations were the highest for 14 years in May. SMMT said 203,585 cars were registered in the month, the highest May figure since 2002. It was a steady 2.5% growth over the same month last year, and follows the trend of the previous two months, as fleet registrations drove the growth, with an 8.8% rise counterbalancing a -3.0% fall in … [Read more...]
Car sales stagnate in Wales
New car sales in Wales have stagnated. Figures from the SMMT yesterday show 5,591 new cars were registered last month compared to 5,566 in the first month of 2015, so they have increased by under half-percent. This contrasts with 2% and 3.59% rises in Scotland and England, while Northern Ireland saw a big 2.63% drop over the month. Overall the combined … [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...]
As German motor show opens, European car sales rise
European new-car sales rose 11 percent in August, the second-largest gain this year, as rising economic confidence boosted sales of SUVs from Renault, Citroen, BMW and Mercedes-Benz. Registrations jumped to 781,676 vehicles last month from 701,251 a year earlier, said the Brussels-based European Automobile Manufacturers' Association. Eight-month sales … [Read more...]
- « Previous Page
- 1
- …
- 3
- 4
- 5
- 6
- Next Page »
