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The SMMT reported that in April of the current year in the UK 161 thousand 64 new cars were registered, which is 4.1% less than a year earlier. The April figure was the second lowest since 2012. At the same time, sales to private motorists fell by 10.3%, while the demand in car parks increased by 2.9%. The number of cars purchased by these enterprises increased by 2 thousand 498 units. Most vehicle segments recorded a decline in sales. Sales of popular supermini and small family cars dropped the most, their figure fell by 9.4%. Sales of cars on alternative fuel increased by 12.7%. Growth in sales of the most popular hybrid cars in the country was 31.1%.
On Tuesday, Tesla Inc.’s (TSLA.O) Chief Executive Officer Elon Musk announced that the automotive company would start to open its licensing software to supply powertrains and batteries for other car manufacturers. “Tesla is open ...
Backed by record-low mortgage rates, U.S. home sales reached its strongest record in June. However, the outlook for the housing market remained murky as low inventory and high unemployment rate pressed amid the virus crisis. Existing home ...
Australian retail sales advanced 2.4% in June. This came as an upbeat figure following a 16.5% increase seen in May as the land down under resumed its economic operations from coronavirus-related lockdowns. The country’s retail sales ...
Renault SA (RENA.PA) announced on Monday that its global car sales fell by 34.9% in the first half of the year due to the impact of the coronavirus pandemic. However, the company said that it had seen some signs of recovery in June. The French ...
European new car registrations fell in June year-on-year, but showed some improvement when compared to May 2020 as lockdown measures continue to loosen across the region, Tuesday’s industry data showed. In June, passenger car sales were ...
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