Online Broadband Guide
Online Broadband Guide


North's new auto registrations slump, SMMT figures show

North's new auto registrations slump, SMMT figures show

United Kingdom new vehicle sales reached their highest level for more than a decade in January, with 174,564 new cars registered in the first four weeks of 2017. 174,564 vehicles were registered last month. Given that last year, particularly in the second half, we saw consumers flocking to the used-car sector and preferring to finance 1-3 year "nearly new stock" over brand new vehicles, it'll be interesting to see whether the upturn of private new auto registrations continues throughout 2017.

Nearly 175,000 cars were registered in the United Kingdom last month, the Society of Motor Manufacturers and Traders (SMMT) said.

Across other fuel types there was a mixed picture with diesel registrations down -4.3% but petrol registrations up 8.9%.

Fleet registrations saw a 1.4% rise to 91,181 units in January 2017.

SMMT Chief Executive Mike Hawes describes the results as a good start to 2017 in the new auto market, which he ayss has been buoyed by a great range of new models which are safer and cleaner than ever before.

Registrations by private motorists had the strongest performance, rising 5% to 76,726 new cars.

"The deals are good, unemployment is low and they are the things that have driven growth", Andy Bruce said.

"The decision of the Bank of England to raise the growth forecast for this year from 1.4% to 2.0% is a positive sign as, in line with January's new auto market figures, shows that the United Kingdom economy has remained stable in the aftermath of Brexit".

NEW auto sales in Northern Ireland fell by almost one per cent in January compared to the same month past year, according to industry figures. "It's encouraging to see alternatively fuelled vehicles benefiting from this positive growth, reaching a record market share", said Mike Hawes, SMMT chief executive.

"Growth at the rate we have seen can't continue forever".

follow

editors' picks

February 06, 2017
Trump taps Mike Pence to lead panel investigating mass voter fraud
US Vice-President Mike Pence issued a warning to Iran on Sunday not to "test the resolve" of new US President Donald Trump. The block was placed by judge James Robart (pictured), who deemed it unconstitutional.

February 05, 2017
Beached whale had 30 plastic bags in its stomach
They found the plastic bags in the cetacean's stomach and said the objects were the probable cause of death of the animal. The plastic - as well as candy wrappers, smaller bread bags and other garbage- was discovered during the necropsy.

February 03, 2017
BSF rejects VRS application of constable Tej Bahadur Yadav
She further claimed that the retirement was cancelled with in an hour, post which the jawan was arrested. BSF also said that "cancellation of VRS was communicated to Tej Bahadur on 30th Jan 2017 evening only".

February 02, 2017
European Council President labels United States a threat to Europe
The letter continued: "We should remind our American friends of their own motto: United we stand, divided we fall ". He has also criticised German Chancellor Angela Merkel, particularly her welcoming policy towards refugees .

February 01, 2017
GRRM Will Release Pages In 2017, Just Not The Right Ones
It is uncertain though if the short story will play a crucial role in the events of the book version of Winds of Winter . Titled Book of Swords , George RR Martin's new tales will be released later this year, according to Amazon listing .

February 01, 2017
Final Fantasy XII: The Zodiac Age release date revealed
Square Enix dated three upcoming Final Fantasy XV add-ons during its Final Fantasy 30th Anniversary Opening Ceremony. With this DLC , players can have fun with an episode from the perspective of Gladiolus and then meet Gilgamesh.

January 31, 2017
Miss France wins Miss Universe crown
When asked about what the atmosphere was like after the competition, she laughed and said everyone was excited to go back home. Some Twitter users are complaining Mittenaere's words were not properly interpreted during her final interview question.

January 31, 2017
Conte readies Chelsea for sterner tests after FA Cup stroll
Begovic wants to quit the Premier League leaders to join Bournemouth , who have made a £10m bid. Chelsea's display of its squad strength bodes well for the pursuit of a double.

January 31, 2017
Tourist boat carrying 31 goes missing in Malaysia
The Chinese consulate in Kota Kinabalu earlier today asked the state government to step up the search effort, Xinhua reported. They were brought to the police station after arriving at the Kota Kinabalu's marine police base at 5pm.

January 31, 2017
Kirk Cousins leads Pro Bowl in passing yards
After a scoreless first quarter, the AFC finally broke the tie with a 26-yard touchdown pass from Alex Smith to Delanie Walker. The NFC lost despite finishing with seven sacks, including three by Minnesota Vikings defensive end Everson Griffin.