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Used car market has declined by 5.1% in 2017 0

The used car market has declined by 5.1% throughout 2017 so far; the fall coming in the wake of record-breaking figures in 2016. The second quarter of the year saw used car sales drop by 13.5% compared with the same period in 2016 – 300,000 fewer transactions. Diesel car sales declined by just 0.1% in(…)

Drop in car production hits UK industrial output 0

UK industrial production dropped in the second half of 2017, the latest figures have revealed. The numbers, revealed by the Office for National Statistics (ONS), saw industrial output fall by 0.4%, most due to a 0.6% drop in production. This was primarily down to a 3.6% drop in the production of transport equipment, including motor(…)

New car sales fall as Brexit uncertainty hits market 0

Last month saw the UK’s new car market slumped by almost 10%, industry figures have revealed. Diesel sales in particular were down by a fifth. The drop is believed to have been caused by uncertainty over Brexit and marks the fourth consecutive months where sales figures have slumped. Despite conventionally vehicles faring badly, the sales(…)

UK cars are becoming more British – but still lag behind Euro rivals 0

Vehicles manufactured in the UK are steadily becoming more British, justifying the push to increase the amount of domestically produced components. In a new study by the Automotive Council, it was revealed that 44% of the parts and components used to manufacture the 1.7 million cars rolling of UK production lines were also made domestically.(…)

UK used car market posts record sales performance in Q1 0

The first quarter of 2017 saw the UK used car market post record figures for the amount of vehicles sold. Figures released by the Society of Motor Manufacturers and Traders (SMMT) showed that 2,133,956 used cars were sold in the opening three months of the year, a rise of 3.4% more than the same period(…)

April sees UK car sales plummet 0

April saw new UK car registrations plummet by almost a fifth. The fall was primarily down to consumers bringing forward purchases to sidestep the new vehicle excise duty that came into effect on the first of April. Figures released by the Society of Motor Manufacturers and Traders (SMMT) revealed 152,076 new vehicles were registered in(…)

2016 – a record year for UK new car registrations 0

2016 saw a whopping 2.7 million new cars registered; though experts are predicting a fall in 2017, as Brexit negotiations start to bite. Last year was a record breaking year for registrations, but the pound in its current weaker position, plus the impending exit talks should see an end to the boom, experts are predicting.(…)

Car production drops for first time in 14 months 0

A drop in domestic demand was the main reason for UK car production falling for the first time in 14 months, industry figures revealed. According to the Society of Motor Manufacturers and Traders (SMMT), 151,795 vehicles were manufactured, a drop of 1% compared to October 2015. The reason for the drop in production was attributed(…)

UK car exports flourishing – but post Brexit Britain slumping 0

Doubts about the economy started to affect the car industry last month. A 10.6% drop in the amount of UK-built vehicles sold within the country, contrasted to this time last year. Figures released by the Society of Motor Manufacturers and Traders (SMMT) detailed the production to sales figures, but also showed that this dip was(…)

New Jaguar Land Rover engine plant unveiled by Queen 3

Today the Queen opened the new Jaguar Land Rover plant in Wolverhampton. It will adjacent to the M54. The new facility cost £500 million to build and will be used for engine manufacturing. With an official unveiling like this, it is clear that the new facility will be important for the British automotive industry. Ingenium(…)