The car-makers want detailed talks with British Government in the light of the corona virus and implications for the industry struggling with falling demand. The industry employs over 823,000 in Britain and Mike Hawes, SMMT Chief Executive said, “We welcome the additional and significant emergency support for business announced by the Chancellor. “The UK … [Read more...]
Wales bucks UK trend and buys more cars
New car buyers in Wales have bucked the national trend and registered more models than 12 months ago. Registrations in Wales went up 8.93% in February to 2,610 new cars – 2,396 same time last year – as part of the 79,234 UK total, which was down 2.96% overall. Scotland suffered the steepest droop of 14.75%, Northern Ireland dipped 8.46% and England slipped … [Read more...]
EVs used sales soar nearly a quarter
The flow of used evs coming to market jumped 23.4% last year, show latest figures from the Society of Motor Manufacturers and Traders. This is going to be a challenge for the resale trade but a tremendous opportunity said Seán Kemple, Director of Sales at Close Brothers Motor Finance. The SMMT’s used car registrations show a slight 0.1% decline in sales of … [Read more...]
Diesel cars collapse in January new car decline
The UK new car market declined 7.3% in January, according to figures from the Society of Motor Manufacturers and Traders. Some 149,279 vehicles left showrooms as continued confusion surrounding diesel and clean air zones and ongoing weak consumer and business confidence continue to affect demand. Continuing low consumer demand was a key driver behind the … [Read more...]
Car makers call on Government to back drive to evs
It’s extremely concerning that government has seemingly moved the goalposts for consumers and industry on such a critical issue as ending traditional vehicle sales in 15 years, said the motor manufacturers body. Mike Hawes, SMMT Chief Executive said,“Manufacturers are fully invested in a zero emissions future, with some 60 plug-in models now on the market … [Read more...]
Importance of freight getting attention
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 … [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 … [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 … [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, … [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 … [Read more...]
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