The National Franchised Dealers Association (NFDA) has described the Department for Transport’s (DfT) granting of a derogation for non-RDE compliant vehicles as “very positive”.
The Society of Motor Manufacturers and Traders (SMMT) has urged the Chancellor of the Exchequer to “stimulate the market” with his 2018 budget following September’s 16.8% decline in car production.
Used vehicle values are being artificially inflated as competition hots up amongst buyers for nearly new and ex-fleet stock amid WLTP-related new car shortages, according to Shoreham Vehicle Auctions (SVA).
Audi suffered a near-70% decline in registrations in its home market of Germany during September as the effects of the roll-out of the Worldwide Harmonised Light Vehicle Test Procedure was felt.
Volkswagen Group brands accounted for 49% of the UK’s total registrations decline of 20.5% (87,336 vehicles) as the brand’s WLTP-related supply woes were felt by car retailers in September.
September’s 20.5% decline in new car registrations will have a “brutal impact” on some franchised car dealers’ Q3 and full year profitability, according to Coachworks Consulting.
The Society of Motor Manufacturers and Traders (SMMT) has confirmed that supply shortages caused by manufacturers’ WLTP testing backlogs triggered a 20.5% decline in new car registrations in September.
Buoyant car registrations resulting from the September switch-over to WLTP and RDE fuel economy and emissions tests saw car dealers defy the usual August slump with a £200 average profit, ASE has reported.
How has your business been affected by WLTP/RDE 'real-world' emission and fuel economy regulations?
New and used car markets delivered a sales surge in August as the introduction of WLTP and RDE fuel consumptions an emissions delivered “great value vehicles and finance offers,” enquiryMAX has revealed.
Car dealers reduced their July losses by almost £5,000 year-on-year to “emphasise improvements made over 2017”, ASE’s monthly profitability report has shown.
Car makers are not communicating new CO2 emissions and fuel economy data established under the new WLTP regime to car buyers.
Car manufacturers rush to sell new cars which are not compliant with the new WLTP and RDE fuel economy and emissions legislation has created a “false economy” in which sales rose 23.1% in August.
The Society of Motor Manufacturers and Traders has said that model changes and preparation for WLTP and RDE fuel economy and emissions tests were to blame for an 11% decline in UK car production during July.
Car dealers’ opportunities to upsell customers with an array of optional extras could be diminished as WLTP emissions tests deliver a tax penalty for larger wheels, spoilers and tow bars.
Car dealers are set to miss their September new car registrations bonuses as a result of stock shortages sparked by the switch to WLTP vehicle emissions test regime, according to Coachworks Consulting.
A third of car dealers remain unaware of the date that the new WLTP fuel emissions test comes into force, according to a survey conducted by Manheim.
Manufacturer support for new car offers ahead of the September introduction of WLTP and RDE tests generated a 1.2% rise in July registrations.
Car manufacturers may be attempting to ‘cheat’ new vehicle emissions tests in a bid to ‘manipulate’ future targets imposed by the EU, The European Commission has found.
For years, accurate testing of fuel economy and emissions seemed elusive. But a graduate discovered that by applying ‘clever maths’ a solution could be found. Gareth Roberts reports
