SMMT new car registration forecasts from two months ago missed the mark by 1% – or almost 27,000 vehicles – a ninth consecutive month of falling sales resulted in a 5.7% decline for the whole of 2017.
Strong demand in Europe was unable to stem the slump in UK car manufacturing during November – with outputs down 4.6% year-on-year.
New car registrations have continued their decline with November’s 11.2% year-on-year fall marking the eighth consecutive month of falling sales.
UK new car production increased in October despite the continued decline an domestic demand, according to figures released by the Society of Motor Manufacturers and Traders (SMMT).
The government's 2040 ban on the sale of conventional petrol and diesel cars will not affect motorists car buying choices "for years", according 67% of respondents to the AA-Populus survey.
The UK’s used car market declined for a second consecutive three-month period in quarter three of 2017. But diesels remained popular, with sales rising 4.2%.
Car manufacturing chiefs have told ministers that a no-deal Brexit would create a trading climate that could prove “semi-catastrophic” to their businesses.
While the government continues to be accused of ‘demonising diesel’, registrations of new diesel cars in October fell by almost 30%.
New car registrations are predicted to fall to 2.565 million units this year – a 4.7% drop on the record figure of 2.693m sales last year.
Short-term pushes based on limited new model launches leave car manufacturer brands liable to sharp falls.
September’s 9% decrease in UK new car registrations has been reflected by a 4.1% reduction in vehicle production in the nation’s manufacturing facilities, the SMMT has reported.
Some of the UK’s most iconic automotive brands could realise a 60% production boost by 2020, according to a report on specialist car makers compiled by the SMMT.
The SMMT has blamed uncertainty surrounding the future of diesel cars and a Brexit-induced hit to consumer confidence for a 9.3% slump in new car registrations during September.
Domestic demand and exports dipped in August as UK car manufacturing experienced a 5.4% fall in production volumes, according to the SMMT.
New car registrations fell 6.4% in August but the SMMT expects “historically high levels of demand” to continue as motorists flock to buy September’s 67-plate vehicles.
Comedian Bill Bailey will be the celebrity guest speaker at the Society of Motor Manufacturers and Traders' annual dinner on Tuesday, November 28.
UK car manufacturing ramped up 7.8% in July as the number of vehicles produced for the domestic market rose 17.7% ahead of the September ‘plate change.
The Society of Motor Manufacturers and Traders (SMMT) has said used car sales figures released last week were not correct.
Brayleys has experienced a year on year increase of 330% in buyers of the 100% electric models from its Milton Keynes Renault showroom.
Used car transactions fell 13.5% in Q2 2017 to realise a year-to-date sales decline of 5.1% following record breaking 2016.
Automotive Management Live: Where franchised and independent dealers will find everything they need to know about operating a modern showroom and service and repair facility fit for the digital age.
When: November 7 2019
Where: Birmingham NEC
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