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October motorcycle sales down 13.6 per cent

Thursday 9th November 2017 | 0 Comments

According to figures from the Motor Cycle Industry Association, registrations in October fell by -13.6 per cent compared to the same period last year and the year-to-date decline currently stands at -15.5 per cent. 7,406 bikes were registered in the month compared with 8,595 units in October 2016.

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October LCV sales down 7.4%

Tuesday 7th November 2017 | 0 Comments

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.

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New car sales continue to slide in October

Tuesday 7th November 2017 | 0 Comments

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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Uncertainty and weaker sterling behind LCV registration decline

Thursday 5th October 2017 | 0 Comments

The National Franchised Dealers Association (NFDA) has commented that the lower number of light commercial vehicle registrations in September is indicative of “uncertainty” and higher retail prices of goods from the European Union as a result of a weaker pound.

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Motorcycle sales down again in August

Thursday 21st September 2017 | 0 Comments

Motorcycle registrations in August fell by –17.8 per cent compared to the same period last year, with the total number of bikes being sold down to 6,856 units. “Demand for motorcycles continued its downward trend in August – marking eight consecutive months of decline in the market”, said Stephen Latham, head of the National Motorcycle Dealers Association (NMDA).

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Slower August for UK new car market – registrations drop 6.4 per cent

Slower August for UK new car market – registrations drop 6.4 per cent

Tuesday 5th September 2017 | 0 Comments

The Society of Motor Manufacturers and Traders has reported a fifth consecutive month of decline in the UK new car market. August registrations fell -6.4 per cent, following 2016’s record August. The SMMT remained sanguine about the decline, pointing out that, at 76,433 new cars registered, it is still the third-best August in 10 years. The year-to-date has remained broadly in line with full-year expectations, down 2.4 per cent, with 1,640,241 new cars joining British roads in the first eight months.

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Long-term trend shows winter tyres receding, all-season rising in UK

Long-term trend shows winter tyres receding, all-season rising in UK

Tuesday 15th August 2017 | 0 Comments

The viability of a sustained winter tyre market in the UK has long been categorised as doubtful, with sales rarely climbing to 2 per cent. Meanwhile recent improvements in tyre technology and the introduction of products looking to change their perception, led by the Michelin CrossClimate’s success in the fleet market, have seen all-season tyres become an increasingly attractive proposition.

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Europe will overtake the US in the electric and hybrid cars market, says MarketLine

Thursday 27th July 2017 | 0 Comments

The hybrid and electric cars market has seen strong growth globally as countries work to meet ambitious CO2 targets, rising at a compound annual growth rate (CAGR) of 12.6 per cent. Scandinavian countries such as Sweden will enjoy exceptional growth forecast growth of 27.9 per cent between 2016 and 2021, according to research firm MarketLine.

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Slight recovery in June LCV market, but YTD still down

Thursday 6th July 2017 | 0 Comments

Light commercial vehicle registrations rose by 1.8 per cent in June to 37,349 units. Year to date, the market remains lower than last year by -3.7 per cent with a total of 184,926 units registered in the first six months of 2017, according to the latest SMMT figures.

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UK’s online automotive retail outstripping cosmetics and groceries

UK’s online automotive retail outstripping cosmetics and groceries

Tuesday 4th July 2017 | 0 Comments

Automechanika Birmingham 2017 represented the perfect opportunity for the UK’s automotive aftermarket to gather as higher technology vehicles continue to push up turnover by 2.4 per cent in 2016. 800 such companies were present at the Birmingham NEC for this year’s show. The aftermarket accounted for £21.6 billion in turnover – a figure boosted by the presence of the more high tech vehicles on Britain’s road in addition to recent record months in new car registrations. Additionally the increasing demand for digital services has helped to boost the online side of the segment, and the Society of Motor Manufacturers and Traders (SMMT), which reported the latest figures, states that more car parts, accessories and services are bought online than cosmetics or groceries. Tyres, alongside lubricants and filters, are the most commonly replaced part, and help account for some of the growth in digital sales, though demand for digital devices, including telematics and tyre pressure sensors, has grown fastest. Overall, the SMMT states that the automotive sector makes a contribution to the UK economy of £12.5 billion.

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NFDA and ICDP publish ‘Life After Brexit’ discussion paper

Wednesday 28th June 2017 | 0 Comments

The National Franchised Dealers Association (NFDA) and ICDP have published ‘Life after Brexit: challenges and opportunities for UK automotive retail’. The discussion paper analyses challenges, outlines priorities and investigates opportunities that are likely to appear for the retail auto industry as the post Brexit situation emerges.

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The future’s bright for Poland’s electromobility market, says Frost & Sullivan

Wednesday 28th June 2017 | 0 Comments

Poland’s electromobility market is ripe for growth. Favourable government initiatives such as the Electromobility Plan and Electromobility and Alternative Fuels Act are reshaping local mobility and igniting innovative clean technologies to achieve higher competitiveness and energy optimization. Growth will be augmented by consumer incentives and the simultaneous development of infrastructure, energy distribution, and product offerings. Players should look for opportunities in charging point infrastructure development, automotive supply chain transformation, and public transport modernisation to gain a competitive advantage.

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First flying car goes on sale

Thursday 15th June 2017 | 0 Comments

The world’s first commercial road and air legal flying car has gone on sale, but with a hefty price tag. Dutch manufacturer PAL-V has revealed details of the PAL-V Liberty, a concept that first debuted in 2012. It costs around £425,000, more expensive than 26 Ford Fiestas. The price of the flying car includes flight instruction sessions, power heating and other personalisation options.

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May LCV market declines

May LCV market declines

Monday 5th June 2017 | 0 Comments

The light commercial vehicle market (LCV) declined in May following a period of exceptionally strong demand, according to figures released by SMMT. 26,982 new vans hit British roads in May, representing a fall of 5.3 per cent.

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UK car registrations decline in May – SMMT figures

Monday 5th June 2017 | 0 Comments

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.

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