The glorious sunshine will either bring customers out in force or send them to the beach or pub. Our insiders are reporting a mixed bag of success, it appears that many customers know exactly what they want and are prepared to buy if the price is right, and others are trying to be persuaded but are undecided. Unfortunately in any form of … [Read more...]
Car production and consumer demand in EU up 34% so far this year
Car manufacturing and consumer demand in the European union rebounded in the first months of this year when compared to very low levels of 2009. The trend, however, slowed as the year progressed and the influence of short-term factors faded. These figures have been publised in the latest ACEA Economic Report. The automobile industry's trade … [Read more...]
VW global sales top 3.5 million in first half of this year
VW sold in excess of 3.5 million vehicles to buyers worldwide in the 1st half of this year, CEO Martin Winterkorn said. January-to-June sales topped those of the same period last year by about 15%, Winterkorn further revealed. The group's core Volkswagen brand had sold significantly more than 2 million cars worldwide, he added. He … [Read more...]
Car Makers Premier League – June 2010
It’s time once more for the Car Makers Premier League where each and every month we examine the top 20 manufacturers by number of units registered and see just how they look when compared with the previous month. At the end of the year who will be crowned champion? Who will drop out of the top 20 as the year unfolds and which high achievers will … [Read more...]
June 2010 new car registration figures
New car registrations were up 10.8% in June to 195,226 units, with scrappage now accounting for a tiny fraction of that figure at 1,290 units. The market was already down 15.7% to 176,264 units in June 2009 on the year before. · New car registrations were up 10.8% in June and 19.9% during first half of 2010. · 25.3% rise in … [Read more...]
Japanese brands dominate used car reliability survey
Japanese brands represent the most reliable cars sold in the UK, according to the latest Warranty Direct and What Car? survey. For the 5th year running Honda tops the yearly car reliability study, with just 7% needing repairs in a 12 month period. Lexus, which has just launched an engine recall in the UK, came 4th and Toyota, which was hit by … [Read more...]
Ford to cut prices from 2nd August 2010
Ford is to cut the recommended list prices on all of its small and medium cars from 2nd August 2010. This move follows similar measures taken in April with its large car ranges. The reduced recommended list prices will in addition lower P11D tax liability, increasing the attractiveness of Ford's small and medium cars to company car … [Read more...]
No more government aid for the UK car industry
The British automotive industry cannot expect any further Government handouts, new Business Secretary Vince Cable has advised. Instead assistance will be provided in the form of "a stable business environment", Vince Cable said. "I don't see the future in terms of large-scale Government support for individual (car) companies," he said. "We … [Read more...]
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