Tag: registrations
WLTP and economic uncertainty depress LCV market in September
“Registrations of light commercial vehicles up to 3.5 tonnes fell by -23.5 per cent in September, as a result of the Worldwide Harmonised Light Vehicle Test Procedure (WLTP) for vans and continued economic uncertainty”, said Sue Robinson, Director of the National Franchised Dealers Association which represents franchised commercial vehicle and car retailers across the UK, commenting on the SMMT’s light commercial vehicle registration figures.
HGV market up almost 50% in Q2 2019
Good news from the UK heavy goods vehicle (HGV) market: New registrations were 46.3 per cent higher year-on-year in the second quarter of 2019, with 15,605 units registered. These figures, released by the Society of Motor Manufacturers and Traders (SMMT) yesterday, include a number of large orders ahead of the mandatory fitment of Smart Tachographs; these further boosted registrations following a strong first quarter of the year.
Deloitte: Electric vehicles will be cheaper than petrol/diesel by 2021
Commenting on yesterday’s new car registration figures – which showed registrations of battery electric vehicles (BEVs) increasing 158 per cent year-on-year in July despite the wider downward trend – Deloitte opines that a ‘tipping point’ between combustion and electric vehicles will occur in the UK by 2021.
New car demand falls in April as plug-in hybrids take a hit
The UK new car market declined by -4.1 per cent in April, according to figures released by the Society of Motor Manufacturers and Traders (SMMT). The month saw 161,064 units registered, the second lowest April volume since 2012 but following a double-digit increase the previous year.
New car market stable in February
The UK’s new car market enjoyed marginal growth in February, up 1.4 per cent following five straight months of decline, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT). 81,969 new cars were registered on UK roads in the month (a year on year uplift of 1,164 units), traditionally one of the quietest of the year, ahead of the crucial March plate change.
‘Modest’ overall decline in November new car sales
The UK new car market declined by a modest -3.0 per cent in November with some 158,639 units registered, according to figures released by the Society of Motor Manufacturers and Traders (SMMT). Stalling consumer confidence, supply delays due to implementation of the new WLTP emissions test and model replacement all combined to affect overall sales.
November LCV sales up 9.6 per cent
SMMT figures show that he new light commercial vehicle (LCV) market grew 9.6 per cent in November, as more than 29,000 vans and pick-ups joined UK roads. This increase represents 2,549 more pick-ups and vans registered in the month compared to November 2017.
October motorcycle sales ‘disappointing’ say dealers
Commenting on the latest figure released by the Motor Cycle Industry Association, Stephen Latham, Head of the National Motorcycle Dealers Association (NMDA) which represents motorcycle retailers across the UK, said: “Following September’s modest growth, it was disappointing to see the new motorcycle market decline by -2 per cent in October. Positively, the market is still above 2017’s levels on a year to date basis”.
KPMG: Brexit uncertainty behind UK car production dips
Following the news that UK car production fell almost 17 per cent in September, Justin Benson, head of Automotive at KPMG UK suggested the latest SMMT car manufacturing figures could motivate government to consider automotive industry incentives:
LCV market drops 6.1 per cent in September
The British light commercial vehicle (LCV) market contracted last month according to figures from the SMMT. Just under 54,000 new LCVs were registered in the second busiest month of the year to date, a -6.1 per cent decrease in line with the overall trend so far in 2018.
September car registrations down 20.5 per cent
The UK new car market fell by -20.5 per cent in September, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT). 338,834 vehicles were registered in the month, down around 87,000 on the previous year as new testing requirements continue to affect supply and distort the market.
August motorcycle sales up despite impending plate change
Referring to the latest figures from the Motorcycle Industry Association, Stephen Latham, Head of the National Motorcycle Dealers Association (NMDA) which represents motorcycle retailers across the UK, said: “It is encouraging to see that registrations of motorcycles in the UK grew by 9.1 per cent in August from the same month last year”. In number terms, August registrations are always low due to the volume of customers who prefer to wait until September to obtain the latest registration plate on their new machine. As a result of the monthly increase, the year to date picture shows a steady growth of 2 per cent for the first eight months of this year.
UK car manufacturing falls in July, YTD performance relatively steady
According to figures released today by the Society of Motor Manufacturers and Traders (SMMT), UK car production declined -11.0 per cent in July. 121,051 units left production lines as a raft of factors, including model changes, seasonal and operational adjustments and preparation for the introduction of the tough new emissions standards, affected output.
Robust motorcycle sales in June
“Following a turbulent few months, it is encouraging to see that the motorcycle market bounced back in June with registrations up 7.8 per cent”, said Stephen Latham, Head of the National Motorcycle Dealers Association (NMDA) which represents motorcycle retailers across the UK, commenting on figures published by the Motor Cycle Industry Association.
UK, EU car markets grow in April
The EU passenger car market returned to growth in April 2018 after demand declined in March. According to figures released by the European Automobile Manufacturers Association, a total of 1,206,273 passenger cars were registered last month, a year-on-year growth of 9.6 per cent. Growth in the UK market exceeded the European average, rising 10.4 per cent year-on-year to 167,911 new registrations.