Tag: new car market

car mechanics

New vehicle registration comments from Glass’s, valuation and insight specialists

Here are Glass’s comments in response to the latest SMMT release on new vehicle registrations:- “The bumper new car registration figure of over half a million vehicles for March was not unexpected at all as manufacturers sought to move cars to the market ahead of the new VED changes, which also coincided with the new

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car mechanics

Fleet demand powers new car market in July

Fleet orders powered a 3.2% growth in new car registrations in July as retail demand continued to slow down. July marked the 41st consecutive month of growth with 178,420 vehicles registered, according to figures released by the SMMT. The increase pushed year to date sales through the 1.5 million barrier with registrations up 6.5% to

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New car market rises 5% in April

New car volumes continued to grow in April with registrations up 5% to 185,778 units, pushing the year to date total up 6.4% to 920,366 units, according to the SMMT. This marked the 38th consecutive month of growth for the new car market with the SMMT declaring it the biggest April market for a decade.

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car mechanics

Car dealers struggle with carmakers’ ‘artificial’ sales targets

Franchised dealers expect 2015 to be a more challenging trading period than 2014, when the new car market continued to grow strongly and used car values remained robust, leading to strong dealer profitability. Delegates at a recent AM Round Table, held in conjunction with Total Lubricants, reported that consumer demand for new cars had been

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