The used car market halved in quarter two, but year-to-date decline and recent used car sales show the sector is recovering.
Fleet and business new car registrations showed little sign of recovery in July, but pent-up demand from private motorists provided some good news for carmakers.
Clock ticking on negotiations with Europe as UK bids to avoid car and van price increases.
The Chancellor's summer economic plan introduced a range of measures to help the UK economy recover from the impact of the coronavirus.
Fleet and business new car registrations show signs of recovery, but private demand is far greater, new figures from SMMT show.
A third of employees working in the auto industry are still on furlough and up to one in six jobs are at risk as a result of Covid-19.
New car registrations took another blow in May, as the Coronavirus pandemic continues to cripple the car industry.
UK car production fell to its lowest level since the Second World War in April, down -99.7%, according to figures from the Society of Motor Manufacturers and Traders (SMMT).
A Freedom of Information (FOI) request submitted by MoneySuperMarket has revealed that more than 3m (3,025,345) cars and vans had their MOT extended since March 30.
Hitachi Capital Vehicle Solutions says the industry will have to ‘knuckle down’ if values are to be achieved in a post-pandemic used car market.
The Government has confirmed that car dealerships will be allowed to reopen on June 1, as part of Coronavirus lockdown easing.
The Society of Motor Manufacturers and Traders (SMMT) and the National Franchised Dealers Association (NFDA) have issued guidance for the safe reopening of car retail sites.
The used car market has suffered a decline of 8.3% amid the Coronavirus pandemic, according to new data from the Society of Motor Manufacturers (SMMT).
The Government figures reveal that there are 111,000 fewer diesel cars on the roads.
Fleet and business new car registrations declined by 96.3% in April, according to new sales data published today.
The number of vehicles registered for use on UK roads has exceeded 40 million for the first time, according to data from the SMMT.
New fleet and business car registrations almost halved in March, while private registrations were similarly hit by the coronavirus crisis.
The number of cars built in the UK is predicted to fall by 200,000 units this year due to factory closures and a fall in demand caused by the Coronavirus pandemic.
The Society of Motor Manufacturers and Traders (SMMT) has hit back at new research from Emissions Analytics that shows pollution from tyre wear can be up to 1,000 times worse than vehicle tailpipe emissions.
SMMT calls on the Chancellor to use next week’s Budget to announce bold new measures to make new-tech zero emission-capable cars.
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