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...]
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 … [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 … [Read more...]
Big shift expected in 2024 UK car market
The analysis of the average UK monthly search volume for the past six months reveals the Nissan Qashqai as the undisputed champion, attracting a remarkable 815,000 searches in the six months August 2023-Jan 2024. Interestingly, the second-place position goes to the KIA Sportage, likely accumulating 765,000 searches over the last six months due to its new … [Read more...]
Best and worst cars to buy and own
When buying a new car, it’s always worth thinking about the potential resale value and how much it will depreciate over time. Some cars can prove to be very worthy investments, with their value increasing over time, while others may drop quickly in value as soon as they leave the forecourt. Elements such as age, condition, mileage and number of owners are … [Read more...]
Car makers want more EV incentives for private buyers
The UK new car market has recorded its best year since the pandemic as a strong December up 9.8%, wrapped up the 17th month of consecutive growth. Some 1.903 million new cars reached the road during 2023 – an increase of 17.9%, according to the latest figures from the Society of Motor Manufacturers and Traders. In Wales last year, registrations reached … [Read more...]
BEV charge is running down
The UK new car market grew by 9.5% in November to reach 156,525 units, according to the latest figures from the Society of Motor Manufacturers and Traders, but there's a slowdown in EV interest among private buyers. In the market’s best November for four years, registrations almost returned to pre-pandemic levels, down just 96 units (-0.1%) on … [Read more...]
SMMT gets new president
The 83rd President of the Society of Motor Manufacturers and Traders (SMMT) will be Mick Flanagan, Vice President for Volvo, JLR, Toyota, Nissan at Adient. He will assume office from 1 January 2024, replacing Alison Jones, Senior Vice President Global Circular Economy at Stellantis, who steps down after completing her two-year tenure. Mick draws … [Read more...]
KIA is king but Stellantis is hopeless, say traders
Kia is the best and Stellantis the worst brands to be selling, say car dealers. The NFDA Dealer Attitude Survey was conducted last month and asked franchised dealers questions about the on-going business relationship with their respective manufacturers. It brought 2,531 responses from 32 franchised networks, equating to a joint record response rate of 68%. … [Read more...]
Families turn backs on electric cars
The UK new car market grew 21.0% in September with 272,610 registrations in the month, according to the Society of Motor Manufacturers and Traders. The 14th consecutive month of growth was also the second busiest of the year after March, with the new number plate delivering its traditional market surge despite a challenging economic backdrop. Growth … [Read more...]
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