The UK’s used car market increased by 0.9% in Q3 after nine straight quarters of decline, new figures from the SMMT suggest.
New car registrations declined -6.7% in October, driven by poor demand in the private market.
UK car and van production declined in September as manufacturers battled with no-deal Brexit uncertainty.
Fleet decision-makers are split over when the sale of new diesel and petrol cars and vans should be phased out, or whether it should happen at all.
87% of vehicles sold first-time at Manheim in September as demand for stock exceeded supply in September wholesale market.
Fleet and business new car registrations declined by 2.6% in the first three quarters of the year, new figures from the SMMT show.
Fleets are being urged to put a disaster recovery plan in place in order to prepare for every eventuality ahead of October 31.
The European automotive industry has made a united call for the UK and the EU to avoid a ‘no deal’ Brexit, fearing it will cause mass disruption and increase the cost of cars.
New car registrations declined by -1.6% in August, despite a surge in demand for electric cars.
Demand for petrol and diesel models declined in the second quarter, down by 3.7% and 2.5% respectively, but still made up 98.3% of the market, according to the SMMT.
SMMT claims that political and economic uncertainty, and confusion over future Government policy on different fuel types, is damaging business confidence.
A no-deal Brexit “presents an existential threat” to the UK’s automotive industry, the SMMT has warned new Prime Minister Boris Johnson.
UK Government calls for action to tackle particulate matter released from tyres and brakes
Fleet and business registrations declined for the second month in a row, while the overall new car market was down for the fourth successive month, says the SMMT.
The Vehicle Remarking Association (VRA) is warning that outstanding manufacturer recalls in the used car market could attract the interest of Trading Standards.
Trade body SMMT warns the next Prime Minister ‘no deal’ Brexit could cost the UK auto industry up to £70m a day in tariffs and delays to parts at the border.
European NGO Transport and Environment makes claim after EU’s environmental watchdog shows new car average emission rise.
SMMT figures also show that plug-in hybrid registrations were down by more than 40% in May.
A Government survey shows almost half of drivers (48%) are likely to opt for an ultra-low emission vehicle (ULEV) to replace their current car.
The UK’s used car market was stable in the first quarter, down just 0.6%, according to new figures released today by the Society of Motor Manufacturers and Traders (SMMT).
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