After many years of lobbying and Government engagement, the freight sector is finally being recognised for its importance to local and national economies. The sector sits at the core of the UK economy, supporting over 2.5 million jobs and contributing £124 billion to the economy. It is estimated that the weight of goods transported by freight is expected to increase by 50% over the coming … [Read more...]
Newslines 21 January
UK car buyers choose grey as the most popular colour with 60.7% of new registrations, said the Society of Motor Manufacturers and Traders. It took the top spot in 2018 and black and white were the next most popular in 2019. Taxis will trial inductive charging in Nottingham. If the scheme is a success with a £3.4M scheme for five plates outside the city’s railway station it could be extended … [Read more...]
Majority drivers see EVs as future of industry
Two thirds of Brits think electric cars are the future of the motor industry. Transport currently accounts for almost a third (30%) of the world’s total energy use and around a quarter of the global energy-related carbon dioxide (CO2) emissions. With climate change high on the news agenda and more consumers than ever making a conscious effort to reduce their carbon footprint, there is no bigger … [Read more...]
UK Automotive needs favourable Brexit deal, says SMMT president
The Society of Motor Manufacturers and Traders has urged all parties to put UK Automotive at the heart of their economic and trade policies. Setting out the industry’s priorities for a new government, the trade body called for an ambitious, world-beating Brexit trade deal to maintain the sector’s competitiveness and ability to deliver innovation, productivity and prosperity for … [Read more...]
Used cars sales rebound
The SMMT said used car sales rose 0.9% in Q3 after nine quarters of decline. Some 2,076,382 transactions took place between July and September, 18,925 more than the same period in 2018. Demand for diesel models was up 1.4% in the quarter with 858,442 changing hands, while petrol sales were flat with a slight drop of -0.2%. Plug-in electric and hybrid models showed a solid increase of 13.0%, … [Read more...]
New car sales fall is not the full picture
The SMMT figures this morning show a 6.7% fall in new car registrations in October. They do not tell the whole story though, says an industry watcher. Seán Kemple, Director of Sales at Close Brothers Motor Finance, said, ““Disappointing sales figures this month, slightly down once again, point to a lack of confidence among consumers. Larger, more expensive car sales remain low as … [Read more...]
Electric & premium brands’ car sales soaring
Brits are going bonkers for battery powered cars. September sales figures from the Society of Motor Manufacturers and Traders show a staggering 236.4% increase in pure electric models registered, albeit from a low point 12 months earlier. But their sales would have been higher if manufacturers had supplied more and there is now a long waiting list for the lowest carbon emissions … [Read more...]
Tesla Model 3 outsold Ford Focus in August
The all-electric Tesla Model 3 outsold the Ford Focus in Britain last month. In a major turnaround for battery powered cars, the mid-sized Tesla led a battalion of battery powered cars which saw registrations jump 377.5% as they powered ahead in new car sales. Fiesta and Golf topped the charts but the Tesla Model 3 achieved 2,000 registrations and beat the Focus by 196 sales to record its best … [Read more...]
UK car exports drop, home demand rises
Car makers in Britain have recorded a 15% export drop in July, the 14th month of decline, mainly due to weaker EU and Asian markets. The SMMT said the drop in diesel demand across Europe coupled with a slowdown in Chinese orders mainly accounted for the decline of 11% overall after home demand went up 10%. Uk plants assembled 108,239 cars but now there are concerns about the UK leaving the EU … [Read more...]
Battery cars and Welsh buyers bucking the trend
New car sales in Wales are holding up better than the rest of mainland Britain and pure battery vehicles are booming toward record numbers. SMMT figures for July showed a drop of just 1.18% to 5,551 registrations last month while they went down over 2% in Scotland and a whopping 4.57% in England. Meanwhile, dealers in Northern Ireland reported a modest 1.18% gain in sales, bucking the trend of … [Read more...]
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