SMMT
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Market Insight 8 AprMarch focus meant £17,500 February loss for car dealers, reports ASE
Car dealers focussing on what should have been a busy numberplate change month of March suffered a £17,500 loss for the month prior to of the outbreak of COVID-19 coronavirus, ASE has reported.
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Market Insight 6 AprNew car sales decline 44.4% in March COVID-19 coronavirus lockdown
New car sales declined 44.4% in March as the COVID-19 coronavirus lockdown took its toll in the second half of the key number plate change month for franchised retailers.
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Opinion 31 MarAuto industry hit from coronavirus could be double SMMT forecast, opinion
Car production forecasts from the Society of Motor Manufacturers and Traders (SMMT) have suggested that UK auto output will fall by 200,000 to just below 1.1 million because of plant shutdowns caused by the COVID-19 coronavirus - representing an 18% fall in output this year.
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Manufacturer 27 Mar
UK car production could fall by 200,000 units in 2020 due to Coronavirus
UK car manufacturers could produce over 200,000 fewer cars in 2020 as a result of the impact COVID-19 coronavirus-prompted factory closures, the SMMT has revealed.
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Market Insight 5 Mar
SMMT data reveals tough February for Ford, Mazda and Suzuki dealers
Ford suffered the largest February sake decline by volume as Mazda and Suzuki also faltered in February’s Society of Motor Manufacturers (SMMT) new car sales figures.
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Market Insight 5 MarNew EV prices have risen 13% since 2013, Cap HPI research finds
The average price of a new electric vehicle (EV) has risen by 13% since 2013, according to a study of the market’s most popular models conducted by automotive data specialist Cap HPI.
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Market Insight 5 Mar
SMMT urges VAT exemption for EVs following February car sales decline
The Society of Motor Manufacturers and Traders (SMMT) has called on the Government to remove VAT from electric vehicles to boost sales after the UK’s new car sales volumes declined 2.9% in February.
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Market Insight 27 FebJanuary UK car production dropped to nine-year low, reports SMMT
Car production slumped to a nine-year January low in the UK despite a 4.1% year-on-year rise in exports volumes, the Society of Motor Manufacturers and Traders (SMMT) has reported.
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Latest News 19 FebNew car finance: Lack of price transparency and simplicity still dog Q1
The big volume players of 2019 provide an important litmus test for retail offer success due to finance being a key player in getting units moving.
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Market Insight 19 FebNew car market: Will 2020 provide calm before the hurricane?
As unit sales continue to fall experts predict period of short-term stability, but can it last?
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Market Insight 18 Feb2019 new car market falls to a seven-year low
The 2019 new car market reached a seven-year low after the third consecutive year of decline.
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Used Cars 12 Feb
Used car market shrunk by 0.1% to 7.9 million sales in 2019
The UK’s used car market ended 2019 just 0.1% down with 7.9 million sales following two months of growth in the second half of the year, the Society of Motor Manufacturers and Traders (SMMT) has reported.
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Market Insight 5 FebUK hybrid car sales climbed 21% in January despite new car market decline
UK sales of new hybrid cars climbed by 20.6% in January as demand for diesel fell for the 34th month.
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Market Insight 30 JanSMMT renews EU free trade call after 14.2% car production decline
The Society of Motor Manufacturers and Traders (SMMT) has once again renewed its call for a UK-EU free trade deal after its 2019 car manufacturing data revealed a 14.2% decline in production.
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Finance 28 JanUsed car finance poised for ‘record business’, says FLA
The Finance and Leasing Association (FLA) has said that the used car finance market looks poised to deliver “record levels of new business” in 2019 as it revealed its results for November.
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Used Cars 22 JanNAMA survey predicts rising values for used hybrid vehicles
The National Association of Motor Auctions’ (NAMA) monthly market attitude survey has indicated that many remarketing specialists anticipate a rise in the value of used hybrid vehicles during January.
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Market Insight 7 JanLCV market’s 2019 sales growth ‘extremely encouraging’, says NFDA
The Light Commercial Vehicle (LCV) sector’s 2.4% sales growth in 2019 has been described as “extremely encouraging” by the National Franchised Dealers Association (NFDA).
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Market Insight 6 JanMG, Dacia and Seat emerge as top performers in 2019 new car sales
Dacia, MG Motor UK, Seat, Toyota/Lexus and Volvo were among the top performing brands to defy 2019’s 2.4% new car sales decline with impressive sales growth driven by new model launches.
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Market Insight 6 Jan
New car sales end 2019 at seven-year low amid consumer uncertainty
New car registrations ended 2019 at a seven-year low after falling 2.4% in a third consecutive year of decline, the Society of Motor Manufacturers and Traders (SMMT) has reported.
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Manufacturer 20 DecUK car production continues double digit decline in November
UK car production fell by 16.5% in November, with 107,753 units manufactured, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT).
