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April car sales figures suggest there is pent-up demand for new models

April car sales figures suggest there is pent-up demand for new models Rob Hull For Thisismoney.co.uk © Provided by This Is Money MailOnline logo The motoring industry showed shoots of recovery in April with dealers posting strong sales despite showrooms being shut for half of the month. A total of 141,583 new cars were registered in April, an artificial 30-fold increase on the same month a year ago, when dealerships were forced to shutter their businesses. Showrooms were given the green light to open on 12 April as part of the most recent easing of lockdown rules, increasing demand and bringing registrations up to 12.1 per cent behind where they were in April 2019, with public demand driving the rebound.

United kingdomKaren johnsonRichard peberdyVauxhall corsaMichael woodwardMike hawesNational franchised dealers associationSociety of motor manufacturersMotor manufacturersBarclays corporate bankingPlug in car grantTesla modelMustang mach eFord fiestaMercedesa classJaguar land rover

UK leading electric revolution as 1 in 7 new car sales have a plug

UK leading electric revolution as 1 in 7 new car sales have a plug
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United kingdomGrant shappsMike hawesSociety of motor manufacturersMotor manufacturersSecretary grant shappsஒன்றுபட்டது கிஂக்டம்மைக் ஹேவ்ஸ்சமூகம் ஆஃப் மோட்டார் உற்பத்தியாளர்கள்மோட்டார் உற்பத்தியாளர்கள்

Pound Australian Dollar (GBP/AUD) Exchange Rate Rises as UK Car Sales Rallied in April

May 5, 2021 - Written by John Cameron GBP/AUD Exchange Rate Edges Higher on UK Economic Optimism The Pound Australian Dollar (GBP/AUD) exchange rate rose today following the latest report from the UK’s Society of Motor Manufacturers and Traders (SMMT), which revealed that the nation’s car sales rallied in April. The pairing is currently fluctuating around AU$1.80. Analysts at Reuters commented on the SMMT report: ‘Last month, customers were able to buy cars in person from April 12 in England whilst delivery, click and collect and online services also facilitated purchases. Plants have continued to operate with COVID safe measures in place.

United kingdomJohn cameronDaniel rossiInternational moneyExchange rate outlookUnited kingdom society of motor manufacturersSociety of motor manufacturersAustralian dollarExchange rate risesUnited kingdom car sales ralliedRate edges higherUnited kingdom economicPound australian dollarMotor manufacturersConstruction statisticsRate outlook

Fleet and business registrations 23% up year-to-date

SMMT figures show improving health of company car market as new research reveals fleets plan to invest £16bn in electric vehicles over the next year.

United kingdomRachel macleanJon lawesLex autoleaseMeryem brassingtonMike hawesLucy simpsonHitachi capital vehicle solutionsCentrica business solutionsSociety of motor manufacturersMotor manufacturersBusiness solutionsஒன்றுபட்டது கிஂக்டம்ரேச்சல் மக்லேந்ஜான் சட்டங்கள்மைக் ஹேவ்ஸ்

UK car sales rebound after one of darkest years in automotive history | Automotive industry

That total was 30 times higher than in April 2020, when the first national lockdown wiped out 97% of sales and reduced the motor trade to levels not seen since 1946, during rationing and the aftermath of the second world war. While the comparison with the 2020 closure of every dealership in the country flatters 2021 figures, they remain 13% lower than the 2010-19 monthly average, the SMMT said. It expects 1.86m car sales in 2021, 14% higher than 2020 and slightly better than previous forecasts, thanks to the speed of the UK vaccine programme. âAfter one of the darkest years in automotive history, there is light at the end of the tunnel,â said Mike Hawes, the SMMTâs chief executive. âA full recovery for the sector is still some way off but with showrooms open and consumers able to test drive the latest, cleanest models, the industry can begin to rebuild.â

United kingdomBen nelmesMike hawesSociety of motor manufacturersMotor manufacturersNew automotiveஒன்றுபட்டது கிஂக்டம்மைக் ஹேவ்ஸ்சமூகம் ஆஃப் மோட்டார் உற்பத்தியாளர்கள்மோட்டார் உற்பத்தியாளர்கள்புதியது தானியங்கி