The UK’s used car market has started to show signs of a slow down as volumes dropped by 2.8% in Q2 this year to 2.03 million.
The Society of Motor Manufacturers and Traders (SMMT) has said that electric vehicles’ share of new car registrations could double in 2020 after sales almost tripled amid a 4.1% decline in the wider market during in July.
Global instability compounded by fears of a ‘no deal’ Brexit have contributed to a 20.1% decline in vehicle production in the UK during the first half of 2019, the SMMT has said.
PSA Group, the French automaker that owns Vauxhall again warned this week that it could pull production from its Ellesmere Port plant in the UK if the plant becomes unprofitable after Brexit.
The National Franchised Dealers Association (NFDA) has called on new Prime Minister Boris Johnson to end the Brexit uncertainty with a deal to safeguard the UK automotive retail sector's 800,000 jobs.
Cox Automotive has reiterated its prediction of a 2.9% decline in new car sales for 2019 after the publication of half-year data by the Society of Motor Manufacturers and Traders (SMMT).
A 4.8% drop in private registrations during June closed off a challenging second quarter for the UK’s franchised dealers.
The production of cars in the UK declined by 15.5% during May as demand from domestic motorists for home-built vehicles slumped by 25.9% year-on-year, the SMMT has reported.
Car manufacturers have been accused of setting environmental concerns on one side by delaying their delivery of electric vehicles (EVs) to the market as they prioritise efforts to ‘cash-in on SUVs’.
The next Prime Minister has been warned by the UK auto industry’s trade body that a ‘no deal’ Brexit will cost carmakers millions of pounds per day.
The UK automotive sector suffered its most severe downturn in business conditions for six-and-a-half years between April and May, according to a survey published by NatWest and IHS Markit today.
New car registrations dipped further into decline as the Society of Motor Manufacturers and Traders (SMMT) recorded a further 4.6% fall during May – leaving the UK’s total sales 3.1% down year-to-date.
UK car manufacturing output declined by 44.5% in April as a result of factory shutdowns scheduled by manufacturers in anticipation of import difficulties resulting from a March 29 Brexit.
The UK’s used car market was down just 0.6% or 11,517 sales in the first quarter of 2019, compared to the same period in 2018.
The UK’s new car sales market declined once again as April's registrations ended 4.1% down with the month's second lowest registrations total since 2012, the SMMT has reported.
Growth in the UK van parc has been almost doubled that of cars since the start of the century as online shopping boosts retailers fortunes, Society of Motor Manufacturers and Traders (SMMT) research has found.
Car retailers must elevate their customer service offering as sales of premium cars surge, according to AX.
The Society of Motor Manufacturers and Traders (SMMT) has stated that a new period of Brexit limbo has not ended the “havoc” for automotive sector as it revealed that UK vehicle production had fallen by 15.9% in Q1.
The UK’s 34.9 million car parc emits 17.8% less CO2 than a decade ago, despite claims that the ‘demonisation of diesel’ would trigger a rise in environment-harming emissions.
The Society of Motor Manufacturers and Traders (SMMT) has expressed concerns that the Government’s six month Brexit extension has extended the current period of uncertainty for the automotive sector.
