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Used car market buoyant in first quarter
- 11/05/2023
- Posted by: Alan Feldberg
- Category: News
The UK’s used car market grew 4.1% in the first quarter of 2023 following three successive quarters of decline, according to the Society of Motor Manufacturers and Traders (SMMT). It found that 1,847,149 transactions took place, with 72,798 additional cars changing hands compared with the same period in 2022, as [...] -
New car market approaching pre-Covid levels
- 06/03/2023
- Posted by: Alan Feldberg
- Categories: Featured, News
UK new car registrations grew by 26.2% in February as 74,441 new cars joined Britain’s roads. According to the Society of Motor Manufacturers and Traders (SMMT), this marked the seventh month of consecutive growth as easing supply chain shortages steered the market closer to pre-pandemic levels, down just 6.5% on [...] -
Car production ends year on upward trend
- 23/12/2022
- Posted by: Alan Feldberg
- Categories: Featured, News
UK car production grew for the second consecutive month in November, according to the Society of Motor Manufacturers and Traders (SMMT). It reported that production was up 5.7% to 80,091 units, meaning output has grown in six of the past seven months. However, November’s performance was still down 44.1% from [...] -
Car production up in October
- 25/11/2022
- Posted by: Alan Feldberg
- Category: News
UK car production returned to growth in October, rising 7.4% to 69,524 units. According to the latest figures published by the Society of Motor Manufacturers and Traders (SMMT), production rose for both home and overseas markets, up 12.5% and 6.3% respectively. However, October’s performance was still 48.4% [...] -
Revival of new registrations continues
- 05/10/2022
- Posted by: Alan Feldberg
- Category: News
The UK new car market recorded its second successive month of growth in September, with registrations rising 4.6%. According to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT), 225,269 cars joined Britain’s roads last month. While this was a 9,957 unit [...] -
Kia raises the bar in Europe
- 19/07/2021
- Posted by: Alan Feldberg
- Category: News
Kia has achieved record market share in Europe this year, according to data released by the European Automobile Manufacturers’ Association (ACEA). It recorded a 3.9% market share in the first six months of the year, while at the same time Kia UK recorded its second highest sales performance. ACEA figures found [...] -
LCV sales slow in June
- 06/07/2021
- Posted by: Alan Feldberg
- Category: News
Growth in the light commercial vehicle (LCV) market slowed in June, after bumper months in April and May. Figures released by the Society of Motor Manufacturers and Traders (SMMT) found that 34,363 vans were registered in the month, down 13.9% on 2019 but up 14.4% on 2020. Year-to-date figures were up 75.9% on [...] -
Engine manufacturing doubles in a year
- 28/06/2021
- Posted by: Alan Feldberg
- Category: News
More than twice as many engines were manufactured in May compared to the same month last year. According to figures released by the Society of Motor Manufacturers and Traders, 116,639 units rolled out of factories last month. However, May output was still down 47.6% on five-year average for the month. Mike [...] -
Car production recovery continues through May
- 25/06/2021
- Posted by: Alan Feldberg
- Category: News
UK car production rose dramatically in May, but supply chain challenges could hinder recovery. According to the Society of Motor Manufacturers and Traders (SMMT), some 54,962 cars rolled off production lines last month compared to just 5,314 a year ago, when coronavirus halted manufacturing. Performance, [...] -
LCV market sets new May record
- 04/06/2021
- Posted by: Alan Feldberg
- Category: News
The light commercial vehicle (LCV) market had another record-setting month, with 29,354 vans registered in May. This is according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT). It was the best May performance on record for the LCV market, 4.7% up on pre-pandemic levels [...]
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