The Society of Motor Manufacturers and Traders (SMMT) has called on the Government to remove VAT from electric vehicles to boost sales after the UK’s new car sales volumes declined 2.9% in February.
The new car market will decline 1.5% by volume in 2020 as consumer confidence and vehicle emissions regulation continue to play key roles, Cazana’s latest market update has predicted.
As unit sales continue to fall experts predict period of short-term stability, but can it last?
The 2019 new car market reached a seven-year low after the third consecutive year of decline.
Citroen franchisees have been revealed as Britain’s biggest new car price discounters in research compiled by What Car? magazine.
UK sales of new hybrid cars climbed by 20.6% in January as demand for diesel fell for the 34th month.
A manufacturer-led rush to clear their stocks of vehicles with high CO2 emissions levels contributed to a 21% increase in new car registrations across Europe in December, JATO Dynamics has claimed.
The Finance and Leasing Association (FLA) has said that the used car finance market looks poised to deliver “record levels of new business” in 2019 as it revealed its results for November.
Suzuki GB has insisted that the Jimny 4x4 will remain on sale in the UK “in limited numbers” throughout 2020 in response to reports of the vehicle’s imminent withdrawal due to its high CO2 emissions.
MG Motor UK plans to realise 130% car sales growth in 2020 with ambitious plans to follow-up a record 2019 with 30,000 new car registrations.
The Light Commercial Vehicle (LCV) sector’s 2.4% sales growth in 2019 has been described as “extremely encouraging” by the National Franchised Dealers Association (NFDA).
Rolls-Royce generated a 25% increase in global new car sales to achieve the highest sales volume of its 116-year history with the help of its new Cullinan SUV.
New car registrations ended 2019 at a seven-year low after falling 2.4% in a third consecutive year of decline, the Society of Motor Manufacturers and Traders (SMMT) has reported.
The Finance and Leasing Association (FLA) has suggested that consumer confidence “should improve” in the automotive retail sector as uncertainty about the UK's economic outlook reduces in 2020.
The average UK car retailer saw profitability decline by 75% year-on-year in October and is likely to end 2019 with a 9% overall reduction in overall profit, ASE has reported.
Almost half of car dealers expect to deliver growth in the coming 12 to 18 months despite the uncertainty surrounding the impending General Election, Brexit and the roll-out of electric vehicles (EV).
The Society of Motor Manufacturers and Traders (SMMT) has reported a 1.3% decline in new car registrations during November as private and business demand continued to falter in the run-up to this month's UK General Election.
The UK was one of just three European nations to experience a decline in new car registrations the region’s delivered 8% volume growth during October – its best result during the month for a decade.
Cox Automotive has predicted a 1.3% year-on-year decline in new car sales and 2.7% decline in used car sales volumes in Q1 2020.
Less reliant brands with smaller vehicles accelerate their move away from oil-burners
