UK car production fell 30.1% in November, the ninth consecutive month of decline, according to the Society of Motor Manufacturers and Traders. Just 64,216 cars rolled off factory lines, 27,711 fewer than in November last year, due to a combination of factors, including strategic product decisions, weakness in key global markets, calendarisation and the … [Read more...]
Registrations fall to avoid EV penalties
Deliveries of new cars fell by -1.9% in the UK during November with 153,610 joining the road, according to the Society of Motor Manufacturers and Traders. It is the second consecutive monthly decline, and the third decline in four months, as the market contracts amid the race to meet tough EV market share targets. Demand from private buyers, among whom … [Read more...]
UK car production stalls again
UK car manufacturing output fell 15.3% in October, the eighth consecutive month of decline, according to the Society of Motor Manufacturers and Traders. Some 77,484 units left factory gates, 14,037 fewer than in the same month last year, with plants continuing their retooling to enable production of the next generation of zero emission … [Read more...]
Used EV demand continues rising
It is positive to see that, following the best first half-year performance since 2019, the used car market has continued to demonstrate robust growth in this quarter, despite challenging conditions, said Sue Robinson, Chief Executive of the National Franchised Dealers Association. The used car market experienced growth of 4.3% between July and September, … [Read more...]
New car sales slide again but EVs grow
October saw another month of contraction in the new car market, a concerning trend following August's end to two years of continuous growth. This decline is particularly worrying, as it highlights the volatility of the market right now, said Sue Robinson, Chief Executive of the National Franchised Dealers Association. UK new car buyers now have more than … [Read more...]
Diesels surge as private motorists snub EVs
The UK new car market rose 1.0% in the key ‘74’ plate change month of September, to 275,239 units, according to the Society of Motor Manufacturers and Traders with private buyers turning to more diesels than pure electric models.. In what is traditionally a bumper month for new car registrations, second only to March, the performance was the best since … [Read more...]
Newslines 27 September
Blazing a new trail to one of the most important global automotive markets, the INEOS Grenadier 4X4 has launched in China. The Grenadier’s arrival in China follows the successful introduction of INEOS Automotive in over 40 countries worldwide – including in Mexico last week – and sets a new benchmark for premium 4X4s in the market but French factory … [Read more...]
Holding out for hybrids after 2030
Hybrids are expected to be reprieved from Labour Government planned changes to their automotive policy. Before the General Election, Labour pledged to end sales of petrol and diesel vehicles by 2030 but now they have diverted their drive to extend the life of hybrids until 2035. Manufacturers, dealers, motoring organisations and the public have voiced … [Read more...]
New car sales slow ahead of new plate change
August signalled the end of two years of growth in the new car market, a disappointing development despite traditionally being a quiet month, according to Sue Robinson, Chief Executive of the National Franchised Dealers Association, commenting on the latest SMMT new car registration figures. In August, a total of 84,575 new cars were registered, a decrease … [Read more...]
Car makers facing penalties as EV sales fall
Private buyers are turning their backs on new pure electric cars but hybrids are selling well and there's industry concern that the Labour Government's "green" targets will be missed and manufacturers will pay big penalties. July signals a twenty-fourth month of consecutive growth for the new car market, reaching an impressive milestone of two full years … [Read more...]
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