The UK Government is set to start the process this year of determining its minimum zero emission distance for hybrid cars on sale after 2030, in its delivery plan.
Savings on nearly new 2020-registered cars are putting pressure on new car sales targets for September’s registration plate change.
Carwow’s new car sales for July 2020 were up 10.43% compared to the same period last year, painting an optimistic picture for dealers.
Orders placed for new vehicles grew by 12% in July, while used car demand increased by 16%, according to the latest figures from lead management firm Dealerweb.
The forecast for the UK new car market has been downgraded again as the government continues to ignore calls for stimulus measures specific to the automotive sector.
"This is not a recovery and barely a restart," warned SMMT chief executive Mike Hawes today as its data showed 145, 377 new cars were registered in June, the first month out of lockdown for car showrooms in England and Northern Ireland.
AM is launching a new Motor Retail Review webinar, which will be broadcast at 2pm on July 6 and available to watch on demand afterwards.
Petrol prices are dropping but it is difficult to predict impact on new car sales, says AM's analyst David Francis
UK sales of new hybrid cars climbed by 20.6% in January as demand for diesel fell for the 34th month.
There is little doubt the outstanding weather had a part to play in the more difficult trading conditions. Economic concerns have also played a significant.
Dealers are being urged to recognise aftersales and servicing as a way to combat the decline in the new car market, by Incadea UK managing director Paul Humphreys.
The 2017 new car market has slipped into overall decline after a poor result for May.
Well over half a million new cars were registered in March 2017, setting a new record, as dealers delivered new vehicles ahead of the punitive new VED regime
Accountancy group UHY Hacker Young claims that the post-Brexit rise in the cost of cars may have started, with lease prices up 8% in the space of just two months.
The UK’s new car market closed with 2,692,786 registrations in 2016, the largest market on record.
Glass’s has predicted that the falling value of the pound is likely to see monthly PCP new car payments rise in 2017 as manufacturers look to recoup their losses.
A “misfiring” UK car market could see a 9% sales dip in 2017 as Britain’s renegotiations with the EU damage consumer and manufacturer confidence.
A push to hit targets in the final days of September has set a new record for the month’s new car market.
The retail new car market has declined for the second consecutive month.
Top 10 AM100 dealer group Lookers is predicting that the new car market may nudge the three-million mark around the end of the decade.
