Cars New car sales plummet 9.3 percent in September 2017

15:40  05 october  2017
15:40  05 october  2017 Source:

Gun stocks rise after deadly Las Vegas shooting

  Gun stocks rise after deadly Las Vegas shooting Shares of gun stocks rose in premarket trading after at least 50 people died in Las Vegas in what was apparently the deadliest shooting in U.S. history. Sturm Ruger (RGR) rose 4 percent. American Outdoor Brands (AOBC), formerly Smith & Wesson, rose nearly 5 percent.Stephen Paddock, age 64, of Mesquite, Nevada, opened fire late Sunday night at a concert on across from the Mandalay Bay hotel on the southern end of the Las Vegas Strip. In addition to killing at least 50 people, Paddock injured more than 200. © Provided by CNBC Police said Paddock is dead.

British new car sales have suffered a large fall in the key month of September due to economic concerns and confusion over possible diesel car taxes. New car registrations plunged 9 . 3 percent in September 2017 as car buyer confidence fell due to economic concerns, Brexit and confusion over

Sales of BMW brand vehicles decreased 9 . 3 percent in April for a total of 22,624 compared to 24,951 vehicles sold in April, 2016. Table 1: New Vehicle Sales BMW of North America, LLC, April 2017 . By The Numbers: U.S. Luxury Car Sales in April 2018. Yesterday, BMW reported its April sales in the

New car registrations plunged 9.3 percent in September 2017 as car buyer confidence fell due to economic concerns, Brexit and confusion over the threat of possible air quality taxes on diesel cars.

It’s the first time September figures have fallen in six years.

The slowdown is particularly worrying as September is one of the most important months of the year for new car sales. It seems even the introduction of the new 67-plate registration hasn’t encouraged new car buyers into showrooms.

Vast majority of NBA GMs think Warriors will win it all again

  Vast majority of NBA GMs think Warriors will win it all again According to the NBA's annual GM survey, a whopping 93 percent think the Warriors will repeat as national champions.A whopping 93 percent of managers believe the Warriors will win their third title in four years. It's the highest margin since the league enacted the survey 16 years ago.

New car sales for August: Winners and losers. U.S. light-vehicles sales slipped 1.8 percent last month and the seasonally adjusted Every FCA US brand aside from Alfa Romeo posted a decline. Jeep sales , down 3.8 percent in September , have now fallen 13 straight months, just as FCA itself.

After seven straight years of growth in domestic new -vehicle sales , manufacturers on Wednesday reported a decline of about 1.8 percent in 2017 , to 17.2 million cars and light trucks. 13.9. 10.7. 9 . 3 . 8.6. 4.0.

The latest figures means it’s likely full-year numbers will show the first overall decline in UK new car sales since back in 2011.

‘Considerable concern’

“September is always a barometer of the health of the UK new car market so this decline will cause considerable concern,” said Society of Motor Manufacturers and Traders (SMMT) chief executive Mike Hawes.

“Business and political uncertainty is reducing buyer confidence, with consumers and businesses more likely to delay big ticket purchases. The confusion surrounding air quality plans has not helped, but consumers should be reassured that all the new diesel and petrol models on the market will not face any bands or additional charges.”

Diesel car registrations plunged 21.7 percent in September, as buyers switch to both petrol cars and alternative fuel vehicles (AFVs). Petrol sales were down just 1.2 percent, while AFV registrations shot up 41 percent, from 16,052 cars in 2016 to 22,628 models this year.

New car sales fall with 22% diesel decline

  New car sales fall with 22% diesel decline Car sales across the UK fell for the sixth month in a row in September, down by 9.3% on the same month last year, figures show. A total of 426,170 new cars were registered last month, according to the Society of Motor Manufacturers and Traders (SMMT).It is the first time the key September market has fallen in six years.The SMMT blamed a fall in consumer confidence caused by economic and political uncertainty, and confusion over air quality plans - which it said had "inevitably led to a drop in consumer and business demand for diesel vehicles".The data showed demand for diesel cars fell by more than a fifth (21.

The Commerce Department said Thursday that new -home sales skidded 9 . 3 percent last month to a seasonally adjusted annual rate of 625,000. For all of 2017 , existing home sales totaled 5.51 million, most since 2006 but just 1.1 percent higher than 2016. New Cars .

Sales are volatile from month to month, but 2017 was a strong year overall: New -home sales rose 14.1 percent from December 2016. Two people dead after light-rail train, car collide in San Jose. Woman suspected in Half Moon Bay arson fires live streams pursuit by police.

New car scrappage schemes, many of which are encouraging buyers into cleaner, greener cars, may partly be behind this. Hawes added that scrappage schemes are at least helping to stem the decline in new cars sales and “such schemes are to be encouraged given fleet renewal is the best way to address environmental issues in our towns and cities”.

The decline in British new car sales will be a concern for car manufacturers because the UK is Europe’s second-largest new car market, behind Germany. As the rest of the EU slumped, British sales remained strong; it now seems as if a sales slowdown is finally here.

Best selling cars: September 2017

There was at least cheer for Nissan, whose British-built Qasqhai emerged as the best-selling car in Britain – beating the second-placed Volkswagen Golf by a clear margin.

The lengthy roll-out of the new Ford Fiesta has relegated the traditional British best-seller to third place, though – barely ahead of the Ford Focus. The Vauxhall Corsa was in fifth place but once again, the British-Built Vauxhall Astra does not appear in the UK top 10.

Mercedes-Benz enjoyed a premium-brand double-entry in the UK top 10, while the Volkswagen Polo still performed well in sixth place despite itself going through a model changeover cycle.

1: Nissan Qashqai

2: Volkswagen Golf

3: Ford Fiesta

4: Ford Focus

5: Vauxhall Corsa

6: Volkswagen Polo

7: Mini

8: Nissan Juke

9: Mercedes-Benz A-Class

10: Mercedes-Benz C-Class

The post New car sales plummet 9.3 percent in September 2017 appeared first on Motoring Research.

Oil will crash to $10 a barrel with electric vehicle revolution, strategist says .
Oil will crash to $10 a barrel with electric vehicle revolution, strategist says* Chris Watling, chief executive of Longview Economics, acknowledged that a key catalyst for the oil market would most likely be Saudi Aramco's initial public offering (IPO) in the second half of next year.

—   Share news in the SOC. Networks

Topical videos:

This is interesting!