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 … [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 … [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 … [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 … [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 … [Read more...]
UK Automotive is struggling
British car manufacturing output fell by more than a fifth in the first half of 2019, with a 15.2% decline in June marking the 13th consecutive month of negative growth, according to the Society of Motor Manufacturers and Traders. Some 666,521 cars rolled off production lines in the first six months, a year-on-year loss of 168,052 units due largely to … [Read more...]
UK Automotive’s clean credentials
The progress of UK Automotive in sustainable development is revealed by new data published the Society of Motor Manufacturers and Traders. The 20th annual Sustainability Report reveals environmental, economic, and social gains achieved by the sector over the past two decades, highlighting the substantial improvements in areas such as energy and water use, … [Read more...]
New car market collapse concerning, say experts
UK new car registrations declined for a fourth consecutive month in June, with year-on-year demand falling by -4.9% to 223,421 units, according to the Society of Motor Manufacturers and Traders. Some 1,269,245 new cars joined British roads in the first half of the year, down -3.4% as ongoing confusion over low emission zones and diesel, the removal … [Read more...]
UK new car sales drop
The UK new car market declined by -4.6% in May with 183,724 units registered, according to the Society of Motor Manufacturers and Traders. The fall reflects continued uncertainty over diesel and clean air zones as well as the removal of incentives for plug-in hybrid vehicles and the underlying economic and political instability continues to affect … [Read more...]
Tradelines 5 June
The next generation Land Rover Defender will be unveiled at the Frankfurt motor show in early September. It is one of the car makers still pledged to the German motor show, despite 22 other makers missing it as they revisit their sales and marketing strategies, but the new Ford Puma SUV is expected to be their highlight at the event. The planned Fiat … [Read more...]
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