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 as we move into the second half of the … [Read more...]
Britain & EU losing components business
The European Union’s automotive trade balance is at a critical juncture, with the potential to become a net importer of automotive components for the first time ever in 2024. Despite significant investments in research and development (R&D), the EU’s manufacturing of innovative automotive technologies is increasingly moving abroad. In 2023, the EU automotive supply industry … [Read more...]
Younger drivers turning towards subscription services
New data from Wagonex revealed that younger drivers are most likely to acquire a car on subscription. Drivers aged 26-35 are six times more likely to get a car on subscription than those aged 56-65, and eleven times more likely than those aged 65+. With the latest sector statistics revealing that the UK’s car subscription market is the biggest in Europe in terms of revenue, the experts at … [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 2019. June’s market growth was driven … [Read more...]
Newslines 12 April
The all-new Honda CR-V e:HEV and e:PHEV models with SENSING 360, have been awarded the maximum five-star rating in the latest Euro NCAP safety tests. Embodying Honda’s commitment to zero road fatalities involving any of its products by 2050, the sixth generation CR-V features a number of improved and upgraded technologies to achieve one of the highest levels of passenger and pedestrian safety in … [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 took the Q1 total to 544,777. The Ford … [Read more...]
Gone but not forgotten classics we still hanker for
Cars are discontinued as they become less profitable, powerful and able to compete within the market. It has already been announced that models such as the Audi R8, Mercedes-Benz C Class and Jeep Cherokee will be discontinued in 2024 and ATS Euromaster has used on-line search data over the last 12 months to determine which discontinued cars are missed the most: 1. Lamborghini Aventador – … [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 industry, said Sue Robinson, Chief … [Read more...]
Tradelines 27 March
Nissan will launch 14 new petrol engined models to meet demand where electrification is not in great demand, it said announcing its business plan for the the next three years. Nissan revealed a new broad-based product offensive in the next three years, including thirty new models of which 16 would be electrified, plus 14 new internal combustion engine models to “meet the diversified customer … [Read more...]
Car sales boom on eve of Budget
February’s figures reinforce the robust performance of the UK automotive sector, maintaining a strong start to 2024 and signalling a nineteenth month of consecutive growth, said Sue Robinson, Chief Executive of the National Franchised Dealers Association, commenting on the latest SMMT new passenger car registration figures. In February, a total of 84,886 new cars were registered, an increase of … [Read more...]
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