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Old 06-12-2017, 08:40 AM   #1
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Industry News - UK CAR MARKET DECLINES IN NOVEMBER AS CONFUSION OVER DIESEL CONTINUES

SMMT NEW CAR REGISTRATIONS

5 December 2017 (data for November 2017)
•UK new car demand falls -11.2% in November to 163,541 units.
•Increases in demand for petrol and AFVs fail to offset heavy losses for diesel, falling -30.6%.
•Year-to-date market declines, with registrations down -5.0% in line with expectations.

Tuesday 5 December 2017 The UK new car market declined for an eighth consecutive month in November, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT). 163,541 vehicles were registered, down -11.2% year-on-year, driven by a significant fall in diesel demand.

Business, fleet and private registrations all fell in the month, down -33.6%, -14.4% and -5.1% respectively. Registrations fell across all body types except specialist sports, which grew 6.7%. The biggest declines were seen in the executive and mini segments, which decreased -22.2% and -19.8% respectively, while demand in the supermini segment contracted by -15.4%.

The Alternatively Fuelled Vehicles (AFV) sector, however, continued to make significant gains, growing 33.1%. Petrol cars also saw a gain, though of a more modest 5.0%. These increases could not, however, offset the heavy -30.6% drop in diesel registrations. The decline follows months of confusion and speculation about the government’s air quality plans and its policies towards diesel cars.

Overall, registrations have declined -5.0% in the eleven months in 2017, with 2,388,144 cars hitting British roads so far this year.

Mike Hawes, SMMT Chief Executive, said, “An eighth month of decline in the new car market is a major concern, with falling business and consumer confidence exacerbated by ongoing anti-diesel messages from government. Diesel remains the right choice for many drivers, not least because of its fuel economy and lower CO2 emissions. The decision to tax the latest low emission diesels is a step backwards and will only discourage drivers from trading in their older, more polluting cars. Given fleet renewal is the fastest way to improve air quality, penalising the latest, cleanest diesels is counterproductive and will have detrimental environmental and economic consequences.”
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Old 06-12-2017, 11:36 AM   #2
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I think this is just the telltale of the things to come. As Electric get more affordable and combustion more and more expensive.

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Old 11-12-2017, 05:35 PM   #3
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I think this is more to do with Brexit uncertainty / overall economic slowdown. Yes AFVs are growing strongly but off a very small base.
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Old 11-12-2017, 07:13 PM   #4
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First we had a massive new car registration spike back in March.Done before the new RFL[car tax] laws kicked in at the Beginning of April.New car registrations have been low Since.Still selling the mass of cars registered prior to the car tax increase.New car sales traditionally have been slow this end of the year.Spending is down on most everything due to Brexit,interest rate uncertainty and Diesel scaremongering.
Plus its Cold.

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