You are here: / car market

Posts

EVs energise new car market but chargepoint rollout must accelerate, says SMMT

, ,
SMMT

The UK new car market recorded a third month of growth in October, with registrations rising by more than a quarter (26.4 per cent) to 134,344 units, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). Fulfilment of strong order books helped deliver the bounce-back, although the increase follows a particularly disappointing October 2021 when deliveries fell by -24.6 per cent. In the year to date, the market is down -5.6 per cent on the same period in 2021, but still a third below pre-Covid levels.

Read more

Related news:

  1. SMMT urges government to back new-tech diesel following market decline, uncertainty
  2. Fleet sales mean March new car sales up 11.5 per cent YOY
  3. UK now biggest EU market for Korean car brands – SMMT
  4. UK new car market down a third as tentative restart reveals subdued demand
/by

Drivers continue to splash out more than ever before on their next car 

Premium brands are dominating searches for cars online as buyers continue to choose more expensive cars, the online car supermarket BuyaCar.co.uk has revealed. The trend of splashing out more than usual on cars, which began as Britain began to unwind its initial coronavirus lockdown measures in June, shows no sign of slowing as Mercedes-Benz, Audi and BMW dominate the searches made by online shoppers. 

Read more

Related news:

  1. Goodyear winter tyres OE on Krone trailers
  2. Falken OE on Mazda CX-9
  3. Kumho tyres OE on Mercedes G-Class
  4. Michelin extends Track Connect to amateur racers with Leisure mode
/by

Does size matter? Today’s cars are more than 63% bigger 

,

Cars are getting bigger, there’s no doubt about it, and it seems UK infrastructure can’t keep up with our ever-growing vehicles, leaving drivers in a spot of bother on the roads. To find out just how much cars are expanding, Zuto analysed 14 of the UK’s most popular cars to see the difference in size in comparison to the original versions. 

Read more

Related news:

  1. Firestone targets European mid-range car tyre ‘shake up’ with A-grade Roadhawk
  2. Kumho study shows widespread ignorance
  3. MINI milestones and investment
  4. SMMT urges government to back new-tech diesel following market decline, uncertainty
/by

Women account for 50% of online car purchases for first time

More women have headed online to buy cars in recent months than ever before through internet car supermarket BuyaCar.co.uk, accounting for half of all sales for the first time ever. And deeper analysis shows that women remain significantly more decisive than men, measured by how likely they are to go ahead with an online car purchase.

Read more

Related news:

  1. Number of nearly new cars on the market almost doubles
  2. No spike in 4×4 values this year, says Glass’s
  3. Used car buying survey shows shift away from private sellers
  4. Reliability tops car buyers’ concerns – despite overwhelmingly positive ownership experiences
/by

Mycarcheck.com January 2019 market guide tackles Brexit ‘uncertainty’

,

Mycarcheck.com’s valuation experts have revealed significant trends in the UK used vehicle market, choosing a car and bike of the month.

Read more

Related news:

  1. Glass’s forecasts profitable 2016 for motor trade
  2. Brexit decision at ‘inflection point’ for car market – Close Brothers Motor Finance
  3. September brings used car market return – My Car Check
  4. Used car buying survey shows shift away from private sellers
/by

Nissan’s Giles Rayner is final speaker for VRA seminar

Giles Rayner of Nissan has been confirmed as the final speaker in the line-up for the Vehicle Remarketing Association’s free-to-attend Annual Seminar, taking place next week (23 November). The national used vehicle remarketing manager will be looking at alternative fuel vehicles and their likely place in the remarketing mix over the coming year and into the future.

Read more

Related news:

  1. Remarketing fundamentals for 2020 at VRA meeting
  2. Glow-in-the-dark Leaf “a shining beacon of sustainability”
  3. Price is all-important for younger car buyers
  4. Ricardo presents path to electrification for light duty commercial fleets
/by

UK car registrations decline in May – SMMT figures

,

After hitting record peaks in 2016 and early 2017, the UK’s new car market saw a significant decline in May. New passenger car registrations declined 8.5 per cent, with a total of 186,265 units. In 2017 overall, the market is 0.6 per cent lower than last year, with more than 1.1 million cars registered between January and May. Alternative fuel vehicles (AFVs) continued their impressive 2017 growth in May, 46.7 per cent higher than in 2016, with a total of 8,258 AFVs registered making 47,936 so far this year. The National Franchised Dealers Association (NFDA) argued that the general election’s short-term impact on consumer confidence has been the key factor, and that medium term prospects remain good for another record-setting year. However KPMG analysts were more taciturn, suggesting car manufacturers have turned their attentions to Europe and expecting a steady decline in 2017.

Read more

Related news:

  1. Steady growth in May car registrations
  2. Fleet registrations propping up small growth in UK new car market
  3. April car registrations down across Europe
  4. Fall in new car market a ‘wake up call’ to policy makers
/by

April car registrations down across Europe

, ,

New car registration figures published by the European Automobile Manufacturers’ Association (ACEA) show that a total of 1,191,034 units were registered in the EU in April 2017, 6.6 per cent less than the year before. Most major markets saw a decrease: the UK’s market dropped by 19.8 per cent, followed by Germany (-8.0 per cent), France (-6.0 per cent), and Italy (-4.6 per cent). Among the largest markets only Spain grew by 1.1 per cent.

Read more

Related news:

  1. European car registrations – the NFDA response
  2. European car registrations up 16 per cent in May
  3. NFDA salutes 32 months of growth in European car registrations
  4. ‘Positive trading’ since car showroom reopening – NFDA
/by

Used car buying survey shows shift away from private sellers

A survey of 1,289 mycarcheck.com customers has revealed a significant shift in where people buy used cars. 27 per cent of those surveyed in February said they preferred to go to a main dealer or car supermarket, up from 13 per cent of those asked the same question a year ago. The trade has taken this market share from private sellers, down to 35 per cent from 48 per cent the previous year, with independent retailers unchanged on 33 per cent.

Read more

Related news:

  1. September brings used car market return – My Car Check
  2. Mycarcheck.com January 2019 market guide tackles Brexit ‘uncertainty’
  3. NAMA predicts ‘strong February’ for motor auction sector
  4. Conversion rates set to improve in August, predict NAMA members
/by

Confusion among dealers over new VED rates

New vehicles registered for the first time with the Driver and Vehicle Licensing Agency (DVLA) from 1 April 2017 will pay new first year licence rates based on carbon dioxide (CO2) emissions bands which are different from the ones currently in use. In some cases, these fees will almost double.

Read more

Related news:

  1. NFDA Winter 2017 Dealer Attitude Survey shows little change
  2. Satisfaction with manufacturers low in NFDA Dealer Attitude Survey
  3. NFDA Dealer Attitude Survey results
  4. Record response rate for NFDA Dealer Attitude Survey
/by

Glass’s predicts fall in 2017 new car market

,

The UK new car market will fall by around 3.5 per cent next year to around 2.6 million cars, predicts Glass’s. However, while the figure looks disappointing in isolation, the vehicle data provider points out that this will still be higher than any year in the last decade except 2016.

Read more

Related news:

  1. Glass’s forecasts profitable 2016 for motor trade
  2. “Clouds on the horizon of new plate registration figures”, says Glass’s
  3. Falling pound could mean higher PCP payments, says Glass’s
  4. UK car registrations decline in May – SMMT figures
/by

Falling pound could mean higher PCP payments, says Glass’s

The falling value of the pound is likely to see monthly PCP new car payments rise in 2017, predicts Glass’s. The vehicle data specialist says that manufacturers importing their vehicles into the UK will need to recoup margins somewhere and that PCP payments are the least unpalatable choice.

Read more

Related news:

  1. “Clouds on the horizon of new plate registration figures”, says Glass’s
  2. Glass’s forecasts profitable 2016 for motor trade
  3. Glass’s predicts fall in 2017 new car market
  4. Brexit ‘won’t affect the used car market until Q4’ says Glass’s
/by

September brings used car market return – My Car Check

,

Analysing the car market following the introduction of the 66 plate, head of valuation services at My Car Check, Gavin Amos says that the used car market has improved, while 4×4 sales remains strong. “The used market picked up throughout September with many dealers and traders reporting strong enquiry levels. For main agents, attention has […]

Read more

Related news:

  1. August used car trends slow as expected, My Car Check suggests premium option
  2. Car dealers stock up in readiness for the New Year rush
  3. Mercedes C Class affecting UK used vehicle trends: My Car Check
  4. Used car buying survey shows shift away from private sellers
/by

‘Two tribes’ of trade buyers – Glass’s

A split between “two tribes” of trade buyers – those who buy almost entirely online and others who remain motor auction-based – is becoming increasingly apparent, says Glass’s. The motor industry data market leader reports that there has been a noticeable hardening in the shape and attitude of both groups over the last year or so.

Read more

Related news:

  1. No spike in 4×4 values this year, says Glass’s
  2. Glass’s calls for ‘grown up debate’ to avoid ‘demonising diesel’
  3. UK used car market ‘approaching tipping point’ – Glass’s
  4. Glass’s predicts fall in 2017 new car market
/by

Glass’s forecasts profitable 2016 for motor trade

,

Growth in the number and variety of finance packages available to private buyers is set to power the new and used car markets in 2016, predicts Glass’s. In the new car sector, which will see growth in registrations of around 3 per cent, further finance packages will need to stimulate consumer interest and provide new avenues to affordability.

Read more

Related news:

  1. Glass’s predicts fall in 2017 new car market
  2. “Clouds on the horizon of new plate registration figures”, says Glass’s
  3. UK used car market ‘approaching tipping point’ – Glass’s
  4. Falling pound could mean higher PCP payments, says Glass’s
/by

We see you are visiting us from China.

If you would like the latest news from the Chinese tyre industry in Chinese, visit our partner site TyrepressChina.com. Or click below to continue on Tyrepress.