Total new car registrations for the month of March were down 10.5% to 17,796 from 19,890 in March 2017, according to figures released by the Society of the Irish Motor Industry (SIMI). New cars registrations year to date remain 5.5% down on the same period last year (71,842 vs 75,982). New Light Commercial Vehicle registrations (LCV) were up 2% (3,147) on March 2017 (3,084) and year to date are up 5.4% (12,537). New Heavy Commercial Vehicles (HGV) have declined 11.2% for the month of March (271) compared to the same month last year (305) and are down 11.2% (916) year to date. Imported Used Cars have shown a slight decrease of 4.6% for March 2018 (8,154) when compared to March 2017 (8,545) however year to date they are 9.5% (26,116) ahead of 2017 (23,862) Commenting on the figures SIMI Director General, Alan Nolan said: “March has been a challenging trading month for our Industry with snow days and two public holidays leading to shorter trading weeks, but we also had the … [Read more...] about New Car Registrations In Ireland In March 2018
New car 2017
With the new season of Porsche Carrera Cup GB approaching we took the time to catch up with Peter Kyle-Henney, three-time vice champion of the Am-class, could this be the year he manages to top the standings? While some racers start earlier, Kyle-Henney’s racing career started later in life, through buying used Porsche Cup cars for track days, the Hampshire-based driver then made the progression to racing. “It seemed natural to stay with the brand and race Porsches,” said Kyle-Henney. “I have owned 12 cup cars including the 996/997 and 991 variants and a GT3R. “There is no doubt that with each development iteration Porsche have managed to refine the dynamics of the car. What we have now is quite a sensational car to drive. “With no traction control or ABS the beast demands respect but once you gain an understanding of the dynamics of the car its actually very predictable to drive. “However to extract the very best from the car does … [Read more...] about 2018 Porsche Carrera Cup GB: Peter Kyle-Henney talks new car, championship hopes and more
Last year was a huge one for new-model launches in Australia, with 2016 seeing the heroic new Ford Mustang land in January, before rolling through to the impressive new Subaru Impreza that made its media debut in late December. Of course, many, many more new offerings appeared between.What can we expect for the remainder of 2017, and what's arrived so far? Catch our list below of newly launched models and everything that's still to come. Everything we know about right now, that is!We'll update this page as the weeks and months roll by, with many models still to be given firm launch dates. And, while the details here have been confirmed by each brand, there are no doubt many models still to be announced - and don't be surprised if launch dates shift over time.The list below begins with month-by-month confirmed launches, before spreading out to the more vague 'quarter' and 'half' confirmations that each brand has offered.Here's what we know, so … [Read more...] about New Cars: 2017 New Car Calendar, the December update
Are you right now looking for a new car, regardless of when you bought your current car? You are not alone. You are part of a whopping 78% of car owners in the region’s automotive hubs. One-of-its-kind market The survey included 1115 adults living in the UAE and KSA who owned at least one car. 42% of households that owned a car had two or more. 15% had 3 or more cars. Now, here’s what would beat the rest of the world hollow – one in approx. seven households with just one person had more than one car! Always ready for a change 82% of car owners in the region bought a car or changed their car in the past two years, while in the UAE almost 79% bought theirs in the past six months! One in five buyers did not replace or upgrade their existing car; they simply added to their collection! (Huh! Who says you can’t have your cake and eat another slice?) Now, you can stop wondering about that long and dense line of traffic on your morning commute. Reasons that seal the … [Read more...] about So you are thinking of a brand new car. So am I!
In a world characterised by political uncertainties, the automotive industry provides one global constant – the onward march of China’s new car market.China overtook the US as the world’s biggest car market in 2010 and last year consolidated that position with 25.7 million cars sold – that’s eight million more than the US. Chinese car buyers are flocking to SUVs and city cars, especially local market electric vehicles; while, at the other end of the affordability scale, demand for luxury models rocketed.For China, however, last year was actually a modest one, with growth of just 2% compared with 2016, but the contrast with the US was stark. A total of 17.2 million units were sold in the US, 300,000 fewer than in 2016. This was the first time sales have tailed off there since the 2008 recession.The damage to the US market was wrought in the summer when SUV and pick-up sales dipped.All of the data featured below comes from automotive industry analyst JATO … [Read more...] about Global new car sales: the key trends and what they mean for the future
Lotus hasn’t done much in the U.S. for the past several years. It still sells an updated version of the Evora that we first drove back in 2009, but even 400 hp can’t quite make us forget the Elise and Exige we can no longer have. That said, anyone interested in an exceptionally quick track-only car can still pick up the ultra-hardcore Lotus 3-Eleven. But by 2022, that’s going to change drastically.Automotive News reports that over the next four years, Lotus plans to add two all-new sports cars and an SUV to its lineup. The cars will come first, with both on the market by 2020. The SUV will arrive two years later.“We are very confident we can launch those sports cars in two years and beat the competition where we want to beat them,” Lotus CEO Jean-Marc Gales told Automotive News. “We will never be No. 1 in luggage space, but we will be in handling.”One of the new cars will sit on an updated version of the Evora’s bonded-aluminum platform, … [Read more...] about Lotus Plans to Add Two All-New Cars and an SUV to Its Lineup
Here's a piece from 2009 about how suddenly skittish lenders didn't want to roll an old balance onto a new loan, so carmakers would offer rebates instead, helping the buyer pay off the old debt. At the time, in response to a JD Power executive saying, "There's always been negative equity," the Bankrate writer wrote, "It just hasn't always been such a big problem."It's an even bigger problem now. Buyers financed roughly 86 percent of new car purchases last year, 43.5 percent of buyers brought a trade-in, and Edmunds reports that nearly one-third of those trade-ins were underwater. The lowest recent percentage of underwater loans was 13.9 percent in 2009, when lenders were tending their mortgage burns. The highest recent number — before the last few years — was in 2006, when 29.2 percent of auto trade-ins swam with the fishes. Bloomberg found that even as auto sales contracted last year, the auto loan market grew because banks and finance companies opened the vaults to … [Read more...] about One-third of trade-ins in a new-car deal are underwater on their loans
It’s the final year for the IMSA Continental Tire SportsCar Challenge -- not the series itself, but the name: In 2019, we’ll call it the IMSA Michelin SportsCar Challenge, reflecting the fact that Michelin outbid Continental for IMSA “official tire” status, which applies to the WeatherTech SportsCar Championship as well.But for 2018, about the only thing that doesn’t change for the support series, which periodically features better racing than the WeatherTech Championship it supports, is its name.In 2017, the CTSC raced two classes -- Grand Sport and Street Tuner. Both remain, but they're joined by TCR, a class that started in Europe. Grand Sport also is undergoing some changes, with the adoption of the also-European GT4 specifications, and that means a lot of new cars and some new manufacturers for 2018.Of the 40 cars entered in a preseason test at Daytona International Speedway, only five were ST cars -- two Porsche Caymans, two Mini Coopers, and a BMW … [Read more...] about 2018 IMSA Continental Tire Challenge: New class, new cars
If you’re looking for a new ride, you might ask yourself, “Do I really need a new car or am I willing to consider a nearly new car?” New cars are great, but there’s also a lot to be said for up to $5000 in savings, and if you’re about to buy a new car, that potential tradeoff between new and nearly new might amount to five grand, or more.Before we get any further, let’s define our terms a bit. You know what a new car is: It’s a never titled, current-model-year vehicle, typically with very few miles on the odometer. The term “nearly new,” for our purposes, would describe a used but titled, pre-owned vehicle of the previous model year. (Currently, “new” would be a 2018 model, and “nearly new” would be a 2017 version of the same make and model.) To keep the comparisons from getting cloudy, the models you consider should be of the same generation. The advantages are diminished when the brand-new vehicle is the … [Read more...] about Should Your Next New Car Be a Used Car?
► UK car market shrinks in 2017► New car sales down -5.4%► But still sixth biggest year ever New car registrations dipped by 5.4% in 2017, with 2.54 million cars sold throughout a ‘very, very volatile year,’ according to the Society of Motor Manufacturers and Traders. Rocky consumer confidence caused by Brexit, uncertainty over whether to buy a diesel engine and even the stasis of a hung parliament combined to diminish registrations.‘2017 was a very, very volatile year,’ SMMT chief executive Mike Hawes said briefing journalists. The year kicked off with a registrations goldrush as owners sought to beat the vehicle excise duty increases that came into force in April 2017, leading to a record first quarter – before year-on-year sales declined for every one of the nine months following.‘Let’s put 2.54m registrations into context: that’s still the third best year in a decade, and the sixth best year on a … [Read more...] about 2017 new car registrations: Vauxhall, diesel and the climate the big losers