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LCV registrations up 22 per cent in February

Market Info, UK News

The UK new light commercial vehicle market grew by 22.0 per cent in the second month of the year, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT). Usually one of the year’s weaker months as many operators wait for the new March number plate, 2021 saw the strongest February since 1998, with 17,205 new models hitting UK roads as demand from the construction sector and online deliveries drove new vehicle uptake.

4th March 2021/by Peter Gardner

35.5% decline means lowest February car registrations for 62 years

Market Info, UK News

The UK new car market declined by -35.5 per cent in February as 28,282 fewer units were registered during a traditionally weak month for new vehicle uptake, according to figures from the Society of Motor Manufacturers and Traders (SMMT). The industry recorded its lowest February uptake since 1959, with 51,312 new cars registered.

4th March 2021/by Peter Gardner

UK car production down 27.3% – 17th month of decline

According to figures from the Society of Motor Manufacturers and Traders (SMMT), UK car production fell 27.3 per cent year-on-year in January to 86,052 units. This is the worst January performance since 2009, when UK factories made just 61,404 cars, and the drop of 32,262 units represents the 17th consecutive month of decline. The SMMT attributes January’s weak output to multiple factors, including the ongoing effects of the pandemic, global supply chain issues, extended shutdowns and friction in the new trading arrangements following the end of the Brexit transition period.

2nd March 2021/by Stephen

40 electric vehicles, 560 references for EVs listed on First Line’s WebCat

According to the SMMT, in the last year, sales of pure electric vehicles (EVs) have risen by 185.9 per cent and, as of September 2020, more than 164,100 EVs are on the road. EV registrations have been growing every year since 2013, which means that it’s now not uncommon for an EV to be entering the workshop, so technicians need to be prepared for these complex vehicles. To accommodate this growing sector and to ensure that they are able to fit the parts with confidence from a reputable supplier, repairers can rest assured that First Line Ltd supplies an extensive range for EV components and has done for years.

19th February 2021/by Peter Gardner

January UK van registrations rise two per cent

Market Info, UK News

The UK new light commercial vehicle (LCV) market enjoyed growth in the first month of the year, according to the latest figures from the Society of Motor Manufacturers and Traders. Registrations rose 2.0 per cent in January with 24,029 of the latest, low emission vehicles hitting UK roads as new models and deals drove fleet renewal. Although the fluctuating nature of fleet renewal often impacts the first month of the year in particular, 2021 opened with the highest volume January since 1990, 10.5 per cent ahead of five-year average.

4th February 2021/by Peter Gardner

Optimistic reactions to January car sales figures

Despite the gloomy January figures, there are signs of optimism in the UK car industry. Sue Robinson, Chief Executive of the National Franchised Dealers Association (NFDA), which represents franchised car and commercial vehicle retailers in the UK, said that the steep fall in sales was expected as a result of the January lockdown, but she went on: “Retailers are optimistic about the year ahead, provided that dealerships will be allowed to reopen as soon as it is safe to do so.”

4th February 2021/by Peter Gardner

January new car sales worst for fifty years

Market Info, UK News

January proved to be a traumatic month for new car sales in the UK, as the market fell -39.5 per cent in the month with 59,030 fewer registrations compared to January last year, according to figures published by the Society of Motor Manufacturers and Traders (SMMT). Just 90,249 cars were registered as showrooms across the country remained shut, leading to the worst start to the year since 1970.

4th February 2021/by Peter Gardner

UK LCV market finishes year down -20.0 per cent

Market Info, UK News

Figures released by the Society of Motor Manufacturers and Traders (SMMT) reveal that UK new light commercial vehicle (LCV) registrations ended 2020 down -20.0 per cent, with the van market rounding off the year in decline following three months of growth. 292,657 vehicles were registered in 2020, as the impact of Covid and uncertainty over the future relationship with the EU brought down demand toward the end of the year, with registrations in the final month of the year dropping -1.0 per cent, albeit with volumes consistent with previous Decembers.

6th January 2021/by Peter Gardner

UK new car registrations fall -29.4% to 30-year low

The UK new car market fell by 29.4 per cent in 2020, with annual registrations dropping to 1,631,064 units, according to figures published by the Society of Motor Manufacturers and Traders (SMMT) today 6 January 2021. A -10.9 per cent decline in December topped off a turbulent year, which saw demand fall by 680,076 units to a near 30-year low (specifically, the lowest level of registrations since 1992).

6th January 2021/by Chris

Mixed reactions to November car sales figures

The reactions to November’s UK car registration figures, which fell by 27.4 per cent year-on-year according to the SMMT, varied in tone; some were optimistic, others were worried about whether or not the industry could cope with the brought-forward target of 2030 for phasing out of sales of new petrol and diesel cars. And of course there was the uncertainty of whether a Trade Deal could be negotiated with the EU and of the effects of Brexit on the automotive industry, not to mention the effect on the automotive business of the pandemic.

4th December 2020/by Peter Gardner

November light van sales up, despite lockdown

The light van market grew by 8.8 per cent in November, although year-to-date the market remains down -21.5 per cent from 2019’s levels. All van and light commercial segments showed improvement in November except pick-ups and 4x4s. These are primarily purchased by private individuals and self-employed as they are both work and lifestyle vehicles, hence often ordered in showrooms, which were closed throughout the month.

4th December 2020/by Andrew

UK new car registrations stall in November

The UK new car market demand fell 27.4 per cent year-on-year, or 42,840 units, according to the latest figures published by the Society of Motor Manufacturers and Traders (SMMT). With sales hit by the UK’s second lockdown, the industry recorded 113,781 new registrations, taking trade back to levels last seen during the 2008 recession.

4th December 2020/by Chris

UK car manufacturing down 18% in October

According to figures released by the Society of Motor Manufacturers and Traders (SMMT), UK car manufacturing output fell 18.2 per cent in October. 110,179 units left UK factories during the month, 24,490 fewer cars than were made in October 2019, with the impact of coronavirus and fresh lockdowns at home and overseas subduing demand in many key markets.

26th November 2020/by Stephen

SMMT: CJRS extension welcome, but showrooms must stay open

Chancellor Rishi Sunak’s announcement of a five-month extension to the furlough scheme is good news for the Society of Motor Manufacturers and Traders (SMMT). SMMT chief executive Mike Hawes described the decision to prolong the Coronavirus Job Retention Scheme (CJRS), which pays employees 80 per cent of their current salary for hours not worked, up to a maximum of £2,500, a “welcome lifeline” in a challenging environment of car showroom closures and lockdown. But he stresses that government support won’t suffice to keep the country’s vehicle manufacturers afloat.

6th November 2020/by Stephen

UK car production: “worst September for 25 years” says SMMT

UK car production fell in September, with output down -5.0 per cent, to register the worst performance for the month in 25 years, according to the latest figures published by the Society of Motor Manufacturers and Traders (SMMT). Factories turned out 114,732 cars, a decline of some 6,000 units on the same month in 2019, as companies continued to wrestle with the uncertain economic and political environment and Covid-related challenging global market conditions.

29th October 2020/by Peter Gardner