The UK new car market remained stable in July, with year-on-year demand growing by 1.2 per cent, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT). 163,898 new cars were registered in the month as the market stabilised following a turbulent first six months.
Commenting on the SMMT car registration figures, Sue Robinson, Director of the National Franchised Dealers Association (NFDA), which represents franchised car and commercial vehicle dealers in the UK, said: “Despite June’s decline, it was encouraging to see that in the second quarter the new car market was 2.3 per cent higher than last year”.
April van sales have helped to drive up year-to-date figures for light commercial registrations. “Light Commercial Vehicle (LCV) registrations increased 3.9 per cent compared to the same period last year for which there were there were no changes in road tax,” said Sue Robinson, director of the National Franchised Dealers Association.
The NFDA Consumer Attitude Survey Spring 2018 is the fifth issue of the survey which is commissioned by the National Franchised Dealers Association (NFDA) and executed by Public Knowledge, an independent market research agency, to explore current consumer perceptions of franchised dealers and their competitors as well as understand consumer aftersales behaviour.
The NFDA has welcomed the latest transition period agreement between the UK and European Union.
The latest NFDA Dealer Attitude Survey has revealed that the relationship between car manufacturers and franchised dealers has deteriorated. The NFDA surveyed 29 franchised networks and received 1,893 responses from dealers, equating to a 47 per cent response rate, the highest since the inception of the survey in 1989.
The UK’s new light commercial vehicle (LCV) market fell -4.2 per cent in January 2018, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT). The decline amounts to just 888 fewer vans being driven off forecourts in the first month of the year, compared with 2017.
The UK new car market declined in the first month of the year, according to figures from the Society of Motor Manufacturers and Traders (SMMT). 163,615 cars were driven off forecourts in January, a -6.3 per cent fall compared with the same month in 2017.
In 2017, new passenger car registrations experienced an increase of +3.4 per cent on the year before. This marked four consecutive years of growth and the best result since 2007 when 16 million units were registered. Registrations rose in the majority of the largest EU markets: Italy (+7.9 per cent) and Spain (+7.7 per cent) were followed by France (+4.7 per cent) and Germany (+2.7 per cent). In the UK the market declined by -5.7 per cent.
In 2017 the light commercial vehicle market was more resilient than expected with a modest decline of -3.6 per cent on last year. A total of 362,149 units were registered, which equates to only 13,538 vehicles less than the previous year.
The UK new car market declined for an eighth consecutive month in November, according to figures from the Society of Motor Manufacturers and Traders (SMMT). 163,541 vehicles were registered, down -11.2 per cent year-on-year, driven by a significant fall in diesel demand.
SMMT figures show that new light commercial vehicle (LCV) registrations experienced a double-digit decline in November. The market fell -11.1 per cent, with 26,486 new vans and pick-ups registered – the third consecutive monthly fall.
Iain Stewart MP for Milton Keynes South and Member of the Select Committee on Transport, visited National Franchised Dealers Association (NFDA) member Brian Currie DAF on Friday 17 November.
The new light commercial vehicle (LCV) market declined in October, according to figures from the Society of Motor Manufacturers and Traders (SMMT). 24,968 new LCVs joined British roads last month, a -7.4 per cent fall compared with the same month last year.
The UK new car market declined for a seventh consecutive month in October, with 158,192 new units registered, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT). Demand fell by -12.2 per cent in the month, as falling confidence among buyers continued to impact the market.
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