Tag Archives: car industry news

European car sales continue to rise

European new-car sales continued to increase in September, completing 25 consecutive months of growth. The result is in line with the 2015 monthly average while YTD figures reveal a healthy 9.0% increase over 2014 at 10.77 million units. Looking at the markets, the UK ranked first as a result of the usual September sales peak. UK registrations totalled over 462,000 […]

BMW engine plant revs up production

A large investment programme to develop the BMW Hams Hall engine plant near Birmingham is complete. The production of new three and four-cylinder engines is already being ramped up on brand-new production lines, and over one million components will be machined at the plant for the first time this year as supply extends to other plants in the Group. The […]

Thatcham urges EU to match US

Thatcham Research is calling on 10 vehicle manufacturers in Europe to match their USA commitment to fit autonomous emergency braking (AEB) as standard on all new cars. Ten major vehicle manufacturers in the States — Audi, BMW, Ford, General Motors, Mazda, Mercedes-Benz, Tesla, Toyota, Volkswagen and Volvo — have announced the pledge to make crash prevention technologies more widely available […]

JLR expects better sales in 2015

Jaguar Land Rover expects this year’s sales to exceed last year’s as Britain, Europe and North America should help compensate for a sharp decline in China, according to chief executive Ralf Speth. He told journalists at the Frankfurt auto show, ‘We definitely expect 2015 to grow… but it is too early to give you a number.’ Jaguar Land Rover’s sales are down […]

BCA report reveals dealer values rise

According to the 25th edition of the Used Car Market Report, published by BCA in association with the Centre for Automotive Management, University of Buckingham, the value of used car sales in 2014 reached £45.1 billion – a year on year increase of 5.6% and an all-time high for the sector. Dealers account for £34.3 billion (78.3%) of all used […]

Leasing broker sector sees 10% growth

The latest figures from the BVRLA show that leasing brokers continue to play an important role in the vehicle finance sector. According to a BVRLA poll of key funders, combined broker volumes for car and van leasing grew to 179,935 units in the first six months of 2015 – up 10% from the end of 2014. Car contracts with leasing […]