Tag Archives: car sales

  Carmakers across Europe need to cut prices to boost sales volumes in a mature market under pressure from Chinese carmakers and the EU Mandate. That’s the view from Jato Analytics which said concerns “are mounting over the survival of Europe’s automotive industry” if manufacturers are unable to find ways to reduce their prices. Car sales in Europe are in ...

Sales of new cars to private buyers fell for the ninth consecutive month in June down -15.3%, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT). Year to date private sales are down 12%. Private sales accounted for 38% of total sales in the firt half compared to 45.8% in he first half of 2023. ...

Surging sales of hybrid electric vehicles drove the European new car market in April, according to figures from the European carmakers’ association ACEA. In April 2024, the European Union car market grew by 13.7%, with new registrations totalling 913,995 units. Hybrid-electric cars saw registrations up 33.1% in April. This pushed the hybrid-electric market share to 29.1%, up from 24.9% in ...

The Seat Leon, a petrol plug-in hybrid, is currently the UK’s fastest-selling used car with an average of 10 days according to AutoTrader. The car is selling twice as fast as the national average which is 26 days, the fastest pace for over three years. Richard Walker, Auto Trader’s data & insights director, said: “The speed in which used cars ...

The National Franchised Dealers Association (NFDA) has called on the government to offer incentives to private motorists to buy electric vehicles. It said that it was “concerning” that EVs accounted for 16.5% of new vehicles sold in the UK in 2023, with no improvement on the prior year. NFDA CEO Sue Robinson said: “It is concerning to see that electric ...

Last year saw sales of Tesla cars decline 9.3% to 49,571 units in an overall market up 17.9% despite a series of price cuts during the year to stimulate sales. The brand’s market share fell to 2.6% for the year compared to 3.4% in 2022. Some Stellantis brands continue to struggle with Abarth down 42.6% to 886 units, DS down ...

Stellantis turned in a polarised performance in October’s new car sales with DS, Fiat and Abarth continuing to struggle while Citroen, Vauxhall, Peugeot and Alfa Romeo were on the up. DS, Fiat and Abarth delivered the weakest sales performances of all brands monitored by the Society of Motor Manufacturers & Traders. Abarth saw a 75% decline in sales to just ...

The UK new car market in the important September plate-change month surged 21% with 272,610 registrations, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). It was the 14th consecutive month of growth was also the second busiest of the year after March, with the new number plate delivering its traditional market surge despite a ...

By Guy Bird Question: What do car salesmen, professional drivers, admin assistants, Hollywood script writers and football linesmen, have in common? All their jobs – if you believe recent headlines – along with millions of others, are in danger of being taken over by artificial intelligence-based software, better known as AI. The infamous two initials have seldom been far from ...

The SMMT has upgraded its forecast for full year sales and now expects a rise of 0.9% to 1.847 million compared to its April forecast. “The latest market outlook now anticipates overall new car registrations to reach 1.847 million by the end of the year, a 0.9% rise on expectations in April. “Of these, BEVs are expected to take a ...