The UK’s used car market declined -8.9% in the first quarter of 2021 according to the Society of Motor Manufacturers and Traders. With 1,687,755 transactions, the overall decline saw large falls in January and February of -27.1% and -19.4%, as lockdowns depressed demand and again closed showrooms. March saw the market show signs of recovery with a … [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...]
Tradelines 7 April
While the pandemic has taken a toll on many people’s finances, others are emerging with a nest egg after months of lockdown living and this could ensure the car industry, along with the wider economy, bounces back quicker than originally anticipated, said James Fairclough, CEO of AA Cars. He was speaking after the SMMT released March car sales figures … [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...]
Rising concerns over EV initiatives and charging
There's rising concern among car makers that the British public and Government are not behind the drive to boost electric car sales. The Society of Motor Manufacturers and Traders wants greater support for private retail uptake of electric vehicles. It follows new figures showing businesses are twice as likely as consumers to make the switch from petrol or … [Read more...]
Call for clearer ev range mileage figures
New in-depth research has highlighted that in order to encourage the mass take up of electric vehicles and avoid future misrepresentation of information to consumers, the motor industry must act now to improve the accuracy of on-board predictions of how far they can travel on a single charge. Multiple studies from the world’s leading range prediction … [Read more...]
Newslines 8 March
Maria Teresa de Filippis was the first woman to qualify for a Formula 1 Grand Prix, behind the wheel of a Maserati 250F and her story of passion and audacity has inspired Maserati to celebrates her achievements on the occasion of International Women’s Day, 8 March. Born in Naples in 1926, in 1948 she participated in her first race winning the 10 km … [Read more...]
Budget does little for car sales
The Budget is first aid for the motor industry but will not fix underlying long term ailments, according to the Society of Motor Manufacturers and Traders. “Today’s budget provides some encouragement to an automotive sector hit hard by the pandemic and additional trading costs but it falls short of the support needed to transform the industry and market to … [Read more...]
Tradelines 3 March
Sinclair Van Centre Swansea and Anthony Motors Aberystwyth have won top awards from Volkswagen Commercial Vehicles in the UK. The Swansea business was recognised for its sales performance while in Aberystwyth it was praised as the most improved operation in the network of 63 sales outlets and 33 repairers. The price of fuel on the UK’s forecourts rose by … [Read more...]
Newslines 5 February
Ford has pulled the plug on a planned joint venture to build electric vehicles with China’s Zotye Automobile, the U.S. car maker said yesterday. Explaining the U-turn after four years of talks, Ford said China’s electric vehicle industry and policies had undergone major changes since the agreements were signed prompting Ford’s decision. The UK new light … [Read more...]
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