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EV growth unable to offset falling sales
- 10/11/2022
- Posted by: Alan Feldberg
- Categories: Featured, News
The UK’s used car market fell for the second consecutive quarter this year, declining 12.2% over the three months of July to September. According to the latest figures published by the Society of Motor Manufacturers and Traders (SMMT), some 1,785,447 vehicles changed hands, the first time that Q3 transactions [...] -
Production falls again despite EV surge
- 30/09/2021
- Posted by: Alan Feldberg
- Category: News
UK car production fell 27% in August as the global shortage of semiconductors continues to hinder production. According to the Society of Motor Manufacturers and Traders, 37,246 cars were manufactured in August, making it the second month of decline. Despite the challenges, production of the latest battery [...] -
Chip shortage could overshadow Covid
- 04/08/2021
- Posted by: Alan Feldberg
- Category: News
The global semiconductor shortage could have a greater impact on the automotive industry than the Covid-19 pandemic. That is the view of founder and CEO of software provider VNC Automotive, Tom Blackie. He said: “In conversations with clients and suppliers, it’s become clear that the effects of the [...] -
Engine production stalled by semiconductor shortage
- 30/07/2021
- Posted by: Alan Feldberg
- Category: News
Engine production in June was marginally up on the same month last year, but 30.9% down on the five-year average. Figures from the Society of Motor Manufacturers and Trades found that UK factories made 157,623 engines, just 0.6% more than a year ago. Meanwhile, production in the first half of the year rose 15.3% [...] -
Sales recovery slowed by semiconductor shortage
- 05/07/2021
- Posted by: Alan Feldberg
- Category: News
New car registrations grew 28% in June compared to the same month last year. According to figures from the Society of Motor Manufacturers and Traders (SMMT), 186,128 new vehicles were registered in the month. Compared with the previous decade average, however, monthly registrations were down 16.4%, while total [...]