British new car sales last year recorded their biggest drop since the 2009 recession. They slipped over 5% due to uncertainty over potential new diesel charges and weakening consumer confidence since Brexit and the SMMT expect a steeper slide this year of about 7%. Registrations ended 2017 at around 2.54 million vehicles, while demand for diesel cars … [Read more...]
Diesel sales collapsing in UK – AFVs rising
Diesel sales have collapsed 30% in Britain as the new car market contracted by over 11% last month, said the car-makers’ body. The Society of Motor Manufacturers and Traders reported a rise to over 33% for alternatively fuelled vehicles and a 5% increase in petrol engined models. The big switch from diesel to alternative fuel led by business users … [Read more...]
UK car plants thrive on exports not home sales
Car production went up 3.5% last month in the UK, said the SMMT. The car plants built 157,056 cars in October to meet a 5% rise in exports contrasting with 2.9% fall at home. The European car industry showed its resilience in October 2017, with new registrations totalling 1,202,877, an increase of 5.6% when compared to October 2016. This is the … [Read more...]
Budget battering for diesels
Diesel cars are in for a battering after the Budget. New diesel cars that do not meet latest emissions standards will face a one-off tax increase each April which will last until 2021 when most are expected to be replaced with the latest technology. Affected models will be those which fail Real Driving Emissions Step 2 standards on emissions and that … [Read more...]
Brakes still going on used-car sales, reports SMMT
The UK’s used car market declined for a second consecutive quarter in Q3, according to the Society of Motor Manufacturers and Traders. But overall, 2017 remains level with 2,102,078 second hand cars changing hands from July to September, representing a fall of -2.1%. Year-to-date, the market remained at record levels after a bumper first quarter, with … [Read more...]
Welsh car sales holding up better than UK
New car registrations fell 12.2% in October across all parts of the market, said the Society of Motor Manufacturers and Traders today. Sales totalled 158,192, leaving registrations in the year to date down 4.6% compared with 2016 led by a decline in business and consumer confidence, said the SMMT chief executive Michael Hawes. Demand for diesel cars … [Read more...]
Wales new-car sales worst in UK
New car sales in Wales have collapsed further than the rest of Britain. Registrations fell by 17.5% in September compared to 12 months ago and the downturn in England was approximately half that but it also meant the running total of registrations in Wales so far this year is over 10% below nine months in 2016, also the worst in the UK. The SMMT said … [Read more...]
Wales’ new-car sales among UK worst
The brakes are still going on Britain’s new car sales. Figures from the SMMT car-makers’ body today show the fifth consecutive month for a decline but August has always been a slow month as buyers hold off for the new plate and registrations of 67-plate models will provide a better indicator of the overall market. Registrations dropped 6.4 … [Read more...]
UK car making soars nearly 8% led by exports
British car manufacturing rose 7.8% in July, with 136,397 new units rolling off UK production lines, said the SMMT. Major carmakers ramped up production for new and existing models in the month ahead of summer factory shutdowns, which provide an essential period for plant maintenance, upgrades and re-tooling. Production for the UK bounced back in … [Read more...]
Used car market slows, bargains to be found
The brakes are going on used car sales after a dip in new car sales. UK used car transactions declined in the second quarter of 2017, according to the Society of Motor Manufacturers and Traders. It recorded 1,832,400 used cars changed hands in the period, a fall of -13.5%, on the back of a record 2016 and turbulence in the new car market following … [Read more...]
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