Nasir Al-Mulk mosque in Shiraz, Iran With Iran agreeing to curb its nuclear program in return for the end of economic sanctions, carmakers are scrambling to the starting blocks in order to best benefit from the opening of a high-potential market to competition. If you are a regular BSCB reader, you will know that the best-selling cars in Iran are for the most part decades-old designs assembled locally as the lack of true competition in the market has stifled innovation. The domestic best-sellers revolve around just a handful of ageing staples: the Saipa Pride – in essence a 1986 Kia Pride, the Peugeot 405/Pars – a mere facelift of the original Peugeot 405 launched in 1987, the Peugeot 206, Iran Khodro Samand and the new leader: the Saipa Tiba. Tehran, Iran We are therefore potentially on the cusp of a complete reshuffle of the Iranian car market. Freer trade with foreign countries will undoubtedly boost imports and manufacturers will make plans to … [Read more...] about STRATEGY: What future for new car sales in Iran?
Maine new car registration
Gary McDonald Business Editor 04 October, 2018 15:00 NEW car sales in Northern Ireland reversed by 15.2 per cent in September - blamed in part on a drop in business and consumer confidence due to uncertainty around Brexit. According to figures from the Society of Motor Manufacturers and Traders (SMMT), 5,365 cars were formally registered during the month, compared to 6,326 in September 2017. In the year so far, 43,772 new cars have vroomed away from local showrooms - a 4.65 per cent drop on where the market was this time last year (45,906). But the declines in Northern Ireland were less pronounced than the UK as a whole, where demand for new cars fell by more than 20 per cent month on month. The SMMT said 338,313 new cars were registered during what is normally one of the industry's strongest months due to the release of new number plates (down from 425,620 in August). Diesel and petrol registrations were down year-on-year, with a modest rise for alternatively fuelled cars such … [Read more...] about Consumer confidence blamed on sharp September slump in new car sales
The Morning Shift All your daily car news in one convenient place. Isn't your time more important? Things are not looking good for the supposedly most advanced and technically able auto industry in the world. The day of regulatory reckoning is here, in The Morning Shift for Tuesday, Oct. 2, 2018. 1st Gear: German New Car Registrations Down 30 Percent Under WLTP For months now the German auto industry has been fearing a new, stricter, set of emissions standards called the Worldwide Harmonised Light Vehicle Test Procedure (WLTP). Well, the main thing is that WLTP is supposed to be more realistic. Also, as carmakers like Volkswagen are quick to point out, individual models, engine by engine and trim by trim, have to get individually tested now. More realistic, but also significantly more time-intensive. This is what all of Dieselgate was about, the same with Dieselgate’s older brother called Cycle Beating—cars would technically pass emissions tests while being tested, but … [Read more...] about This New Emissions Test Has Completely Blown Apart the German Auto Industry
It’s half-time in the 2018 new car sales race, and a chance to look back at the first six months of the year to see which brands are flying and which are floundering. Private new car sales are down about 5% on the first half of last year, although a lot of that was during the first three months when compared to a record first quarter in 2017. The last three months have seen more stability, and are likely to more realistically predict what’s in store for the rest of the year. The main news topic continues to be the collapse of diesel in the new car market. Despite the ongoing howls from industry lobbyists, it looks like the diesel ship has sailed, and an ever-increasing number of car manufacturers have announced that they will be discontinuing diesel models in coming years. Interestingly, diesel’s market share has stabilised in the last couple of months after about two years of steady falls. From a high point of as much as 55% of total market share, … [Read more...] about New car sales: 2018 half-year report
Sales of new cars continued their decline as economic uncertainty, tax changes and confusion over Government policy towards motorists continued to drive buyers away from dealer forecourts. Registrations fell 15.7pc in March - the month that is typically the biggest of the year for the industry as drivers snap up vehicles with the latest number plate. Total registrations for the month were 474,069, down from 562,337 a year ago, but the industry was quick to point out that decline came against the best-ever March performance the previous year. Drivers rushed to buy cars last March to beat new tax rules that started in April last year, "puling forward" demand and pumping up the previous year's sales. Nonetheless last month represented the 12th consecutive monthly drop in registrations, with year-on-year sales down 12.4pc in the first quarter. The poor sales were largely fuelled by drivers abandoning diesel cars, with registrations of these vehicles dropping 37.2pc to … [Read more...] about Car sales crash in March as buyers hold fire