Motor Trade Insurance
Menu

Posts Tagged 'New Car Sales'

  1. Reduction In New Car Registrations In November

    December 19, 2020 by mti

    Unfortunately, motor traders saw a drop in the number of new cars sold here in the UK in November 2020 in comparison to the same month last year. The second lockdown has undoubtedly had a negative impact on the number of new cars registered as some showrooms in certain parts of the country will have had to close due to the pandemic. .........read more »


  2. Drop In New Car Sales In October

    November 5, 2020 by mti

    Motor traders will be disappointed to read that, according to the Society of Motor Manufacturers and Traders (SMMT), there has been a drop in the sale of new cars for the month of October 2020 when compared with the same month last year.

    In October 2020 there were 140,945 new cars sold whereas in October 2019 the figure was 143,251. That is a fall of 2,306 that equates to a drop of 1.6%. .........read more »


  3. New Car And Van Registrations Rise In July

    August 5, 2020 by Logan Biggs

    Motor traders and those of you operating within the motor trade industry will be pleased to read that there was an increase in the number of new cars and vans sold in the month of July 2020 in the UK when compared with the same month in 2019 according to figures published by the Society of Motor Manufacturers and Traders (SMMT). .........read more »


  4. June Sees Further Decline In Sale Of New Cars And Vans

    July 6, 2020 by Logan Biggs

    It is perhaps not surprising that motor traders saw a fall in the number of new cars sold in June 2020 when compared to the same month last year. After all, although car showrooms have been able to re-open in June, it will no doubt take some time for us to see the number of sales improve to anywhere near the levels that were seen in 2019. .........read more »


  5. March Sees Huge Drop In New Car Sales

    April 9, 2020 by Logan Biggs

    Motor traders will be aware that March is usually a great month for new car sales due to the new number plates coming out. However, March 2020 has been a terrible month for the number of new car registrations according to figures published by the Society of Motor Manufacturers and Traders (SMMT) due to the coronavirus having a dramatic impact throughout the UK. .........read more »


  6. February Sees Another Reduction In New Car Sales

    March 24, 2020 by Logan Biggs

    When will we see the fortunes of motor traders turn around? Well, February was not a good month for the sale of new cars according to data published by the Society of Motor Manufacturers and traders (SMMT).

    It is disappointing to hear yet again that the number of new cars sold in the month of February 2020 reduced when compared with the same month in 2019. Of course, as motor traders will be well aware, the number of new car sales also has an impact upon how many used cars are remaining unsold. .........read more »


  7. AFVs Account for Over 10% Of New Cars Registered In November

    December 6, 2019 by Logan Biggs

    The sale of new alternatively fuelled vehicles (AFVs) is going very well here in the UK according to figures produced by the Society of Motor Manufacturers and Traders (SMMT). If you are a motor trader, you will be interested to read that the market share of such registrations in November 2019 was 10.2%. This equates to just over 16,000 new cars. .........read more »


  8. Reduction In New Car Registrations In October 2019

    November 6, 2019 by Logan Biggs

    Once again, there is further disappointing news within the motor trade industry as the Society of Motor Manufacturers and Traders (SMMT) has announced that there has been a drop in the number of new cars registered here in the UK in October 2019.

    Last month there were 143,251 new cars registered whereas in October 2018 the figure was 153,599 – a drop of 6.7%. This will particularly concern motor traders who are involved in the sale of new cars. The number of private new car sales fell by 13.2% between those periods, fleet sales rose by a minimal 0.3% and business sales dropped significantly by 30.3%. .........read more »


  9. Another Bad Month For The Number Of New Cars Sold

    August 6, 2019 by Logan Biggs

    Here in the UK, the new car market is having a poor time of things. The Society of Motor Manufacturers and Traders (SMMT) has announced that the number of new cars sold here in the UK in July 2019 fell by 4.1% when compared with the same month last year.

    In July 2019 the number of new cars sold amounted to 157,198 compared to the 163,898 sold in July 2018. .........read more »


  10. Number Of Used Cars Bought With Point Of Sale Finance Increases

    April 14, 2019 by Logan Biggs

    Motor traders will be interested to read that, according to data produced by the Finance and Leasing Association, the number of used cars here in the UK purchased by consumers with the assistance of finance arranged at the dealership has gone up in the 12 months to February 2019.

    In the 12 months to February 2019, the number of used cars bought using point of sale finance rose to 1,464,817. This is a rise of 5% which we are sure you will agree is a significant increase.  The value of these advances came to £17,762 million. This was a rise of 11% – a sizeable rise. .........read more »


Mailing List

To get the latest news and offers from MTI, enter your email below.

Subscribe to the Mailing List
FacebookTwitterGoogle PlusLinked In