Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
Caused by new emissions regulations coming into force before the testing facilities were in place. Hence hardly any new cars available to buy. Can't wait until we're shot of this tulip....
Demand for new cars fell by around 20% in September, according to an industry body.
The Society of Motor Manufacturers and Traders (SMMT) said around 339,000 new cars were registered during what is normally one of the industry’s strongest months due to the release of new number plates.
Diesel and petrol registrations were down year-on-year, with a modest rise for alternatively fuelled cars such as pure electrics and hybrids.
The SMMT said the decline was mainly due to changes to the way new cars are tested, with tougher emissions regulations introduced in the European Union.
So, what caused the huge drop in car sales exactly? I will give you a clue, it begins with E and ends in U....
Our full analysis of the latest #SMMT data - New #car sales plunge 20.5% y/y in crucial month of September as supplies hit by new testing regulations -
same happened when the US started talking about & implementing new emission standards under Obama. Truck sales tumbled, once stable they went through the roof.
Combine that with Brexit and its a double whammy. Lets hope the surge comes after Brexit and UK suppliers are ready to fill the void.
Leave a comment: