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AUTO SALES: UK new car registrations in 2020 sink to 30-year low
- Date: 06-01-21
- Category: AUTO SALES
- Source: BBC
It was also the biggest one-year fall since World War Two, when factories were being turned over to military production, the Society for Motor Manufacturers and Traders said.
View full storyAUTO SALES: Fuel for Thought: Automotive Scenarios for 2021 — The Virus and the Vaccine
- Date: 17-12-20
- Category: AUTO SALES
- Source: IHS Markit
We have arrived at the crucible of the COVID-19 pandemic. Containment measures are tightening to combat a more severe second wave of the virus. Simultaneously, the availability of several highly effective vaccines appears imminent. While not technically mutually exclusive, these two key developments have very different implications for the automotive industry. Our baseline outlook is being squeezed between these two poles.
View full storyAUTO SALES: China 2020 sales pegged at 25m
- Date: 11-12-20
- Category: AUTO SALES
- Source: Just Auto
China vehicle sales are likely to reach 25m units this year, an industry body reportedly said on Friday, as the market continued to lead the global auto industry recovery from lows hit during the COVID-19 pandemic.
View full storyAUTO SALES: Hybrids Are Quietly Selling Faster Than Fully Electric Cars
- Date: 08-12-20
- Category: AUTO SALES
- Source: Bloomberg
Hybrid cars are seeing a quiet resurgence as the boom in electric vehicles spurs automakers to give the older, cheaper technology a second look.
View full storyAUTO SALES: U.K. Car Sales Plunge 27% as Lockdown Shuts Dealerships
- Date: 07-12-20
- Category: AUTO SALES
- Source: Bloomberg
Carmakers registered their lowest November sales in the U.K. since 2008 as lockdowns forced dealerships to shut back down. Registrations slid 27% from a year ago to 113,781 cars, according to data from the Society of Motor Manufacturers and Traders. That’s the steepest decline since a 35% plunge in June.
View full storyAUTO SALES: US Sales: How much of 2020 will we see in 2021?
- Date: 02-12-20
- Category: AUTO SALES
- Source: LMC Automotive
With fewer than 30 selling days left before 2020 comes to an end, we look back to a normal January and finetune our expectations for 2021. To call this a tumultuous year would be an understatement, and many of us will be glad to see the back of it, but a calendar reset does not automatically mean that the US Light Vehicle market will stabilise.
View full storyAUTO SALES: Gasoline Car Bans Show Why Market Forces Aren't Always Enough
- Date: 01-12-20
- Category: AUTO SALES
- Source: Bloomberg
It’s been a strange year, so you’d be forgiven for missing an odd thing that happened in the U.K. last month. When Prime Minister Boris Johnson, leader of the Conservative Party, banned sales of new internal combustion engine cars from 2030, the decision was supported by the likes of oil giant Royal Dutch Shell Plc and the Confederation of British Industry, a powerful business group.
View full storyAUTO SALES: Europeans buy up old cars to avoid public transport
- Date: 01-12-20
- Category: AUTO SALES
- Source: Reuters
LONDON -- Across Europe, customers wary of spending too much on a new car in uncertain economic times are snapping up older models as they seek to avoid using public transport during the coronavirus pandemic.
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