Mexican Media Brands
More Shrinkage for U.K. Car Market
New-car registrations in the U.K. declined 2% to 161,000 last month, continuing a downward trend that began last September.
#economics
Share
New-car registrations in the U.K. declined 2% to 161,000 last month, continuing a downward trend that began last September, says the Society of Motor Manufacturers and Traders.
Sales to private buyers in January climbed 3% to 71,400 units. Deliveries to fleets fell 3% to 89,600 vehicles.
Demand for diesels continued to evaporate, plunging 20% to 46,800 units. Diesels account for 29% of the British market this year compared with 36% in the same month last year, according to SMMT.
RELATED CONTENT
-
Report Forecasts Huge Economic Upside for Self-Driving EVs
Widespread adoption of autonomous electric vehicles could provide $800 billion in annual social and economic benefits in the U.S. by 2050, according to a new report.
-
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.
-
On Lincoln-Shinola, Euro EV Sales, Engineered Carbon, and more
On a Lincoln-Shinola concept, Euro EV sales, engineered carbon for fuel cells, a thermal sensor for ADAS, battery analytics, and measuring vehicle performance in use with big data