The new car market grew 24.4% in August with 85,657 new vehicles registered, according to the latest figures from the Society of Motor Manufacturers and Traders. While August is typically a quieter month with many buyers choosing to wait until the September numberplate change, an increase of 16,799 units means the sector is now entering a second year of growth. Despite this improved performance, … [Read more...]
Wales car sales soar by nearly a quarter in July
New car registrations in Wales shot up 23.8% despite the atrocious July weather, according to the Society of Motor Manufacturers and Traders. It was the same rise as in Northern Ireland but slightly trailed the growth in England of 29.5% and was ahead of Scotland’s 21.6%. New car sales in Wales reached 4,955 registrations last month and the UK totalled 143,561. So far this year, Welsh dealers … [Read more...]
Stock funding key in troubled times
Data released by V12 Vehicle Finance shows the fastest-selling models to assist dealers with the acquisitions they make using stock funding. Over the last six months, the following manufacturers have stood out for stock being sold within the first 30 days of funding. Top 10 manufacturers on stocking plan less than 30 days Jaguar – 45% of volume sold within 30 days of being on a stocking … [Read more...]
Range Rover is UK’s most polluting vehicle
Britain’s most polluting and cleanest cars have been revealed. But they are nowhere near as dirty as those on American roads. In the USA, the Jeep Grand Cherokee Trackhawk 6.2V8 Supercharged 4x4 emits 3,319kg of CO2 annually, closely followed by the Ford F-150 Raptor and Mercedes-Benz G-Class G 63AMG. In Britain, the Range Rover Sport 3.0 HSE DV6 pushes out 1,607kg of CO2 a year, the BMW X5 … [Read more...]
Car sales rise amid warning on quota
The new car market grew 25.8% in June with 177,266 vehicles registered, according to the latest figures from the Society of Motor Manufacturers and Traders as it warned of problems ahead in 2024. The June performance marks the 11th consecutive month of growth as the industry gradually overcomes the pandemic-induced supply chain shortages that constrained production for much of the previous two … [Read more...]
Newslines 9 June
STELLANTIS is moving into the scrap business with its newest cars. The multi-brands company covers 14 marques including Vauxhall, Fiat, Alfa Romeo and PSA and now wants to extend average life of models from 12 to 15 years by making them last longer and then reusing components from scrapped models and putting into remaining cars to improve their ‘green’ credentials and avoid punitive … [Read more...]
Car sales slowly rising again
The momentum in new vehicle sales has continued with strong growth across electric vehicles, hybrids and petrol vehicles and is expected to continue through the summer months, said Sue Robinson, Chief Executive of the National Franchised Dealers Association. In May, a total of 145,204 new cars were registered, an increase of 16.7% from the same period last year, according to the Society of Motor … [Read more...]
Car makers push fleet & business sales
The UK new car market recorded its ninth successive month of growth in April, with an 11.6% increase to reach 132,990 registrations, according to the latest figures from the Society of Motor Manufacturers and Traders. The performance marks the best April since 2021’s 141,583 units but remains -17.4% down on 2019 volumes. Large fleet registrations grew by a third (33.1%) to 68,537 units as the … [Read more...]
Newslines 2 May
Aston Martin Works is announcing the availability for the first time in decades of new major components, including gearboxes and engine blocks, for some of the brand’s most iconic sports cars. Working with trusted suppliers the team at the heritage home of the world-renowned British car maker has developed entirely new engine blocks, cylinder heads, gearboxes and other major components – all … [Read more...]
New car sales slowly rising
The first quarter of 2023 has been positive for UK new vehicle sales, said Sue Robinson, Chief Executive of the National Franchised Dealers Association. “It is extremely encouraging to see sales figures starting to emulate pre-pandemic trends, particularly for the plate change month of march and consecutive months of optimism and growth,” she said, commenting on the latest SMMT’s new passenger … [Read more...]
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