The UK new car market has hit the million motors mark for the first time in five years, after new car registrations rose in June by a modest 1.1% to reach 179,263 units, according to the Society of Motor Manufacturers and Traders. As a result, so far in 2024, 1,006,763 new cars have been registered, up 6.0% on the previous year but still down -20.7% on 2019. June’s market growth was driven … [Read more...]
Newslines 18 June
Wales’ largest dealer groups, Days, saw its turnover rise but pre-tax profit fall last year. Companies House accounts for the year ended December 31, 2023, show the new and used cars business with 18,000 strong rental fleet, and one of the Car Dealer Top 100, reported an 11% increase in turnover from £257.774m to £285.195m but its profit before tax sank from £33.29m to £30.734m – an 8% drop and … [Read more...]
BEVs are trickling along
Battery EVs continued their best ever start to the year, as sales in the first 5 months of 2024 rose 10% on the same time last year, whilst the market share of BEVs in new car sales reached 17.9%. Total car sales were up just under 2.2% in May 2024 on May 2023 levels, but pure petrol and diesel sales cratered over the same period, falling from 55% to 45% market share in just 12 … [Read more...]
Newslines 19 April
The RAC predicts petrol could hit 150pp litre and diesel 160pp litre as tensions rise in the Middle East over coming weeks. The motoring body said retailers had pushed up profits since January and this added £5.00 to fill up a typical car. Labour and Plaid Cymru have voted against a Welsh Conservatives' motion in the Senedd to roll back the controversial 20mph default speed limit and end the ban … [Read more...]
Newslines 12 April
The all-new Honda CR-V e:HEV and e:PHEV models with SENSING 360, have been awarded the maximum five-star rating in the latest Euro NCAP safety tests. Embodying Honda’s commitment to zero road fatalities involving any of its products by 2050, the sixth generation CR-V features a number of improved and upgraded technologies to achieve one of the highest levels of passenger and pedestrian safety in … [Read more...]
Plate change boosted by fleet registrations
The 24-plate change boosted new-car registrations in March, according to SMMT figures. But private buyers have put the brakes on pure electric purchases and the car makers want Government incentives to be increased to meet emissions targets.. March signals a twentieth month of consecutive growth for the automotive sector, a remarkable milestone for the industry, said Sue Robinson, Chief … [Read more...]
Tradelines 20 March
INEOS Automotive has launched a five-seat double cab Chassis variant of the Grenadier Quartermaster pick-up, aimed at specialist vehicle converters and commercial body builders worldwide. Developed in tandem with the Quartermaster pick-up, the Chassis Cab is engineered to deliver a class-leading combination of off-road capability and load-carrying versatility, with the comfort, safety, refinement … [Read more...]
Car sales boom on eve of Budget
February’s figures reinforce the robust performance of the UK automotive sector, maintaining a strong start to 2024 and signalling a nineteenth month of consecutive growth, said Sue Robinson, Chief Executive of the National Franchised Dealers Association, commenting on the latest SMMT new passenger car registration figures. In February, a total of 84,886 new cars were registered, an increase of … [Read more...]
Turning the corner with an electric classic car
Since the government’s announcement to ban the sale of new petrol or diesel vehicles by 2035 and as more electric and hybrid cars start to roll off production lines, converting classic cars to electric powered motors is increasing. In fact, searches for ‘electric classic cars’ have increased by 40% in the past month as the rising popularity of converting classic cars to electric power goes … [Read more...]
Challenging future for suppliers, says CLEPA president
The automotive supply industry is the top private investor in research and development in Europe with €30 billion invested annually and accounts for 1.7 million direct jobs with 39,000 patents each year, said Matthias Zink, CLEPA president, but added that it will face a challenging future. He (right) told memberts of the European Association of Automotive Suppliers that 75% of the value … [Read more...]
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