Mexican Media Brands
August Car Sales Jump 11% in U.K.
The British car market posted its 18th consecutive month of growth in August as vehicle sales climbed 11% to 65,900 units, according to the Society of Motor Manufacturers and Traders.
#economics
Share
The British car market posted its 18th consecutive month of growth in August as vehicle sales climbed 11% to 65,900 units, according to the Society of Motor Manufacturers and Traders.
Last month's volume compared to 162,000 sales in July. SMMT notes that August sales always slow as buyers wait for the country's September change in license plates, which determines the year of registration.
The U.K.'s sales upswing compares with August declines of 5% in Germany, 11% in France, 7% in Italy and 18% in Spain.
In August SMMT boosted its full-year sales forecast 8% to 2.21 million units. Analysts concur, predicting continued strong sales well into 2014.
RELATED CONTENT
-
On Urban Transport, the Jeep Grand Wagoneer, Lamborghini and more
Why electric pods may be the future of urban transport, the amazing Jeep Grand Wagoneer, Lamborghini is a green pioneer, LMC on capacity utilization, an aluminum study gives the nod to. . .aluminum, and why McLaren is working with TUMI.
-
GM, Ford Evaluate Possible Economic Slump
General Motors and Ford say they have bolstered their cash reserves in case the trade war between the U.S. and China triggers a global recession.
-
On Quantum Navigation, EVs, Auto Industry Sales and more
Sandia’s quantum navi, three things about EVs, transporting iron ore in an EV during the winter, going underwater in an EV (OK, it is a sub), state of the UK auto industry (sad), why the Big Three likes Big Vehicles, and the future of logistics.