The UK new car market fell almost a third last year with registrations dropping 29.4% to 1,631,064 units, according to the Society of Motor Manufacturers and Traders today. A -10.9% decline in December wrapped up a turbulent year, which saw demand fall by 680,076 units over 12-months to the lowest level of registrations since 1992. Against a backdrop of … [Read more...]
Tradelines 6 January
Sales of electric cars have overtaken petrol and diesel in Norway. Tesla has also been knocked off the top spot by Volkswagen as BEVs collected 54.3% of registrations in 2020. As it eased into its second century, luxury Bentley sales soared to their highest ever despite the pandemic last year. The Crewe-based company saw 11,206 registrations around the … [Read more...]
When a car is not enough
The Ford Transit van entered the best-selling used car list for the first time in 2020, in a year in which online deliveries grew substantially, says AA Cars, the AA’s used car website. The Ford Transit was the ninth best-selling used vehicle of 2020, as a growing number of people who had lost work or been made redundant turned to delivery driving to … [Read more...]
More families shifting towards used cars
In a year shaped by a pandemic and strict social distancing restrictions, drivers have still been able to get their hands on the car they wanted, said Seán Kemple, Managing Director of Close Brothers Motor Finance. "In fact, a new-found reticence to use public transport has shifted attitudes toward car ownership, a trend likely to grow even … [Read more...]
Newslines 15 December
Toyota and Lexus models roll off production lines at the rate of 19.9 models a minute. Moneyshake analysed the makers and found Volkswagen Group built 19.8 cars a minute, Hyundai 13.7, GM 13.0 and Ford 12.2 per minute but they fade into the background when all China makers churn out 48.9 cars a minute, more than double the rate in the US. Honda Swindon … [Read more...]
JLR move to block VW premium models in United States
A row has erupted over intelligent all-wheel-drive systems used by a number of car marques. Jaguar Land Rover filed a complaint in the US to block imports of VW Group's Porsche, Lamborghini, Audi and VW SUVs. JLR allege they are using its patented Terrain Response technology without permission. JLR said in its court documents with the US International … [Read more...]
Newslines 17 November
Nissan has denied it is considering selling a third of its stake in Mitsubishi Motors, as reported by Bloomberg News. It is most likely to sell the Mitsubishi Motors business to the larger Mitsubishi Group, which owns a fifth of the car business said the media agency, but this has been denied by Nissan. Honda’s first battery electric vehicle for Europe, … [Read more...]
Welsh lockdown badly hits car dealers
The firebreak lockdown has wiped 25% off new car sales in Wales, revealed figures from the Society of Motor Manufacturers and Traders. It is a warning to England which has just gone into a month's lockdown as opposed to the fortnight shutdown in Wales which ends on monday after 3,677 new cars were sold by Welsh dealers in the three weeks they could open … [Read more...]
Newslines 3 November
Demand for used cars is 15% higher than it was at this time last year, coinciding with a decline in sales of new cars, says AA Cars. Drivers’ interest in used cars spiked to 9.1%above pre-pandemic levels when forecourts re-opened in June, but the new analysis shows that demand has continued to pick up since then with searches on the AA Cars platform in … [Read more...]
Latest news from VW and Kia
The new VW ID.3 has secured a five-star safety rating in crash tests. The first full electric vehicle designed from the ground up has passed the Euro NCAP rigorous tests with flying colours and sets a standard for others to emulate. The all-new Kia Sorento is the first car to be equipped with Kia’s innovative Multi-Collision Brake system, helping to … [Read more...]
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