Mexican Media Brands
British Car Market Shrank 7% in 2018
Registrations of new cars in the U.K. slid 7% in 2018, the sharpest decline in a decade, the Society of Motor Manufacturers and Traders estimates.
#economics
Share
Registrations of new cars in the U.K. slid 7% in 2018, the sharpest decline in a decade, the Society of Motor Manufacturers and Traders estimates.
The group blames the decline primarily on a 30% drop in diesel sales. But it says worries about the impact of the U.K.’s planned exit from the European Union next spring also were a factor.
The diesel slump contributed to a 3% gain in per-vehicle emissions of carbon dioxide in the U.K. last year, according to SMMT. The effect was magnified by the continuing market shift from small cars to larger and less efficient SUV/crossover vehicles.
Europe’s switch to the more rigorous WLTP emission test protocol, which results in lower but more realistic CO2 readings, also contributed.
RELATED CONTENT
-
Porsche Doubles EV Target for 2025
Porsche AG says about half the vehicles it sells by 2025 will be equipped with hybrid or all-electric powertrains, twice the ratio it forecast four weeks ago.
-
Tariffs on Autos: “No One Wins”
While talk of tariffs may make the president sound tough and which gives the talking heads on cable something to talk about, the impact of the potential 25 percent tariffs on vehicles imported to the U.S. could have some fairly significant consequences.
-
On Headlights, Tesla's Autopilot, VW's Electric Activities and More
Seeing better when driving at night, understanding the limits of “Autopilot,” Volkswagen’s electric activities, and more.