• Car production sinks to 60-year low

    • 26 January 2023
    • Posted by: Alan Feldberg
    • Category: News
    UK car production fell 98% in 2022 to 775,014 units, according to the latest figures issued by the Society of Motor Manufacturers and Traders (SMMT) This represents the lowest total since the 1950s December rounded off a volatile year, with output down 179% in the month after growth in October and [...]
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  • Car production ends year on upward trend

    • 23 December 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 57% to 80,091 units, meaning output has grown in six of the past seven months However, November’s performance was still down 441% from the [...]
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  • UK car manufacturing down 6%

    • 2 November 2022
    • Posted by: Alan Feldberg
    • Categories: Featured, News
    UK car manufacturing output declined by 6% in September, following four consecutive months of growth The Society of Motor Manufacturers and Traders (SMMT) reported that 63,125 models rolled off factory lines, with output again restricted by severe supply chain issues affecting manufacturers, driving volumes down by [...]
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  • Car production suffers as supplies stall

    • 26 May 2022
    • Posted by: Alan Feldberg
    • Categories: Featured, News
    UK car production fell 113% in April with 60,554 units rolling off factory lines Acccording to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT), the ongoing global shortage of semi-conductors, the impact of the war in Ukraine on supply chains, model changes and broader industry [...]
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  • Global shortages impacting UK production

    • 5 May 2022
    • Posted by: Alan Feldberg
    • Category: News
    UK new car registrations fell by 158% to 119,167 units in April, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT) Despite showrooms being open for the entire month, unlike the previous year which saw lockdown restrictions in place until 12 April, global supply chain [...]
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  • Production stalls despite EV demand

    • 25 March 2022
    • Posted by: Alan Feldberg
    • Category: News
    UK car production fell 413% in February, with 61,657 units made According to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT), 43,351 fewer cars were made than in the same month in 2021, primarily due to the persistent global shortage of semiconductors causing some factories to [...]
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  • Car production continues downward trajectory

    • 26 November 2021
    • Posted by: Alan Feldberg
    • Category: News
    UK car production declined 414% in October as factories turned out 64,729 units, according to the Society of Motor Manufacturers and Traders (SMMT) It was the fourth straight month of decline and the weakest October since 1956 as firms grappled with the global shortage of semiconductors which led to production [...]
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  • EV charge can’t offset production slump

    • 28 October 2021
    • Posted by: Alan Feldberg
    • Category: News
    UK car production fell for the third consecutive month in September, dropping 415% with 67,169 cars manufactured This makes it the worst performing September since 1982, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT) Output continues to be hampered by the [...]
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  • Supply shortage to continue into 2022

    • 22 October 2021
    • Posted by: Alan Feldberg
    • Category: News
    A new report is predicting that the high cost of used cars will continue well into 2022 According to the Cox Automotive and Grant Thornton Automotive Insight Report, the global new car production over the past 18 months has led to a shortage of good quality used vehicles coming to market With drivers holding [...]
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  • Drivers vastly over-estimating used car values

    • 12 October 2021
    • Posted by: Alan Feldberg
    • Category: News
    Almost three quarters of UK motorists are unable to accurately gauge a used car’s value, according to a recent study The survey of 2,000 car buyers, commissioned by CarGurus, asked participants to guess the value of the five most sought-after used vehicles in their respective classes It found that 71% incorrectly [...]
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