UK car sales suffers a huge drop in September

a busy london street

That’s the 6th month-to-month drop in a row, and raises the genuine risk that British car registrations publish their first annual decline since 2011. The Society of Motor Manufacturers and Traders (SMMT) blames a drop in consumer confidence, because of “economic and political” unpredictability and confusion over the federal government’s air quality strategies. As this […]

UK car registrations dropped 8.5% in May 2017

Vauxhall/Opel plant

Sales of new cars dropped 8.5% in May 2017 compared to May 2016, with buyers mindful in the run-up to the general election, the Society of Motor Manufacturers and Traders (SMMT) has stated. The SMMT stated 186,265 brand-new cars were registered during last month. Sales of alternatively fueled automobiles rebounded after dropped in April. And […]

Nissan: UK car industry requires £100 million of government funding to survive Brexit

UK car market

Nissan informed MPs that the UK car market needs the government to spend at least ₤ 100 million ($ 123.6 million) to bring in car part producers to Britain or risk a “house of cards” collapse in the sector post-Brexit. Colin Lawther, Nissan’s head of European production, informed MPs on the International Trade committee that […]

‘Pre-reg’ cars now prevalent in UK

London's busy roads

Approximately a fifth of new cars in the UK are approximated to be “pre-registered” to dealerships. These automobiles are surplus stock offered inexpensively to dealerships who keep them prior to selling on to consumers at discount rates. Some dealerships state pre-registering is “like a drug” utilized to strike their sales targets, a BBC investigation found. […]