Welsh car dealers suffered the biggest drop in new car registrations across Britain. Latest figures from the Society of Motor Manufacturer and Traders showed a 17.62% fall in registrations in Wales, down to 2,483 new cars in August. Nationally, the decline was 2.0% in August to a total of 82,908 units on the eve of the new plate appearing. Wales top … [Read more...]
New car registrations slip to three-year low
The new car market stalled in July with registrations falling -5.0% to 140,154 units, according to the Society of Motor Manufacturers and Traders. The performance was the weakest for the month since 2022 and some -10.8% lower than in pre-pandemic 2019, demonstrating the market’s volatility and wider economic setting. Demand from private and fleet buyers … [Read more...]
Slowing EV sales give dealers & makers a shock
Britain’s petrol, electric car and van markets have stalled with dealers reporting contracting business in the last quarter. The very slight increase in total registrations for the whole of 2024 came about with fleets being given big discounts by manufacturers very anxious to move the metal and push EV sales or face huge penalties from the UK … [Read more...]
EV regs hit a million but petrol sales climbing too
Discounted business registrations meant Britain’s millionth battery electric car reached the road in January 2024, while the new car market grew 8.2% for the month, according to the Society of Motor Manufacturers and Traders. The first month of the year saw 142,876 new cars registered led by the Kia Sportage (above), which repeated its success of January … [Read more...]
BEV charge is running down
The UK new car market grew by 9.5% in November to reach 156,525 units, according to the latest figures from the Society of Motor Manufacturers and Traders, but there's a slowdown in EV interest among private buyers. In the market’s best November for four years, registrations almost returned to pre-pandemic levels, down just 96 units (-0.1%) on … [Read more...]
Budget does little for car sales
The Budget is first aid for the motor industry but will not fix underlying long term ailments, according to the Society of Motor Manufacturers and Traders. “Today’s budget provides some encouragement to an automotive sector hit hard by the pandemic and additional trading costs but it falls short of the support needed to transform the industry and market to … [Read more...]
Greener cars are rapidly rising in Wales, says comparison site
Green vehicles are growing in popularity with Welsh drivers, according to new figures showing a significant increase in the number of low-emission vehicles. The Department for Transport figures show that the number of low-emission vehicles in the region rose by 32 per cent in the year to the end of September, while the total number of vehicles increased by … [Read more...]
