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gruffydd

9.1% Crash In Uk New Car Sales In April

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Sales rise grinds to halt

New car registrations in April fell by 9.1 per cent to 163,216, latest figures from the Society of Motor Manufacturers and Traders (SMMT) reveal.

That's down from 179,457 in April 2005.

(ext from from autoexpress.co.uk)

Edited by gruffydd

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I sure this was expected - might explain why most car maufacturers are producing sales friendly/boring looking boxes for us to drive at the moment...

It's interesting to note that Ford IIRC are producing more exciting range of cars for release 2008 - only 2 years away - can't personally can't see an upturn by then for the masses....

Edited by dnd

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I've heard rumours of a new VW Corrado. The last one was released in the UK just as the recession took off, hence there's not a lot of them around and'll be a future scarce classic.

Wonder if they'll do it again??

But back on topic, they still sold well over 100k cars. That still seems like a healthy market to me.

NDL

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Last year the Astra and Focus were new, they bumped sales hugely.

Sales are down as well, but I should think by less than the numbers show once adjusted.

As for the Mondeo and Focus looking like Iosis, er remember what happened to Ford when it put the Cortina in a miniskirt, the Sierra failed miserably for 2 years and cost them two packets.

Exciting new cars, you mean the SMax and Galaxy (the same car effectively), the new Mondeo (on the same platform again no doubt) and probably a Ka replacement to take on the 107/forthcoming Twingo/Fox.

The Fiesta ain't selling as it should either.

As for a VW Corrado replacement, if they do it will no doubt be a cynical mess of Eos CC and bits of Golf/Jetta and won't step up to the required mark. Economies of scale today (it'll use the Golf/A3/Octavia/Leon/Passat/TT/Marrakech platform mean we'll get it but don't expect it to be anywhere near the leap forward the original was.

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blimey - this thread is prescient.

i was out for a run this afternoon and was amazed at the numbers of "06" registrations around the suburbs of dullsville, a town in the midlands county of dullsvilleshire, where i live.

mind you on the return leg i went past the main ford dealer and they had examples of the ka, fiesta, focus etc all lined up with massive stickers on the side of each car.

the ka had a sticker saying (something like) "£15 down and £15 per week", the fiesta was £25 down and £25 per week etc etc.

unfortunately i'm sure they didn't quote exactly how many weeks the customers had to pay off the credit agreement - the car could have gone to the scrap heap before it is paid off!

but the great UK consumer ain't dead yet... <_<

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The market is tanking at a manufacturing level - they have excess capacity in the West and demand in the East. Our factories are too expensive and our customers are too demanding.

A Focus (for example) can be had now for £10K with air, cd, as much safety as an early 1990s S class for £10K if you look hard enough.

An Escort 10 years ago was £8.750 with none of this stuff - you think they are making profits ?

The problem is that they are chasing the same customers with more capacity, which drives down profits and residuals - they also resort to finance deals that are worryingly bad - Ford in the US is in slightly better shape than GM, but it's close. Both are bankrupt if they lose their financing profits (such as by an increase in defaults) - both have their lease cars underwritten in the books at stupidly high residuals.

Do not be surprised if GM goes to the wall (or at least Ch 11) - that will be a massive pill for the global market to swallow as it get's picked off by the Japanese and Chinese bit by bit out of Ch 11.

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I've heard rumours of a new VW Corrado. The last one was released in the UK just as the recession took off, hence there's not a lot of them around and'll be a future scarce classic.

Wonder if they'll do it again??

But back on topic, they still sold well over 100k cars. That still seems like a healthy market to me.

NDL

I had a couple of G60s, v. nice ;)

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I had a couple of G60s, v. nice ;)

Early left hookers, or later RHD ?

I hanker after a violet Vr6 Storm to put in the garage and keep - it's not going to lose money now....

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Exciting new cars, you mean the SMax and Galaxy (the same car effectively)

The SMax (exciting!?) is from the same Iosis mold, this is the new Ford corporate look :-

ford_smax.jpg

blimey - this thread is prescient.

i was out for a run this afternoon and was amazed at the numbers of "06" registrations around the suburbs of dullsville, a town in the midlands county of dullsvilleshire, where i live.

Mere Green and surrounding areas is the land of the X5 and ML class, frickin place.

I had a couple of G60s, v. nice ;)

My brother still likes playing with G40's :rolleyes:

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gruffydd

" 9.1% Crash In Uk New Car Sales In April "

Was the pun intended?

Will GM have to write off their loans? Are they heading for a brick wall? Will the wheels come off? Will the business come screeching to a halt?

Ok, I'll go home now.

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Early left hookers, or later RHD ?

I hanker after a violet Vr6 Storm to put in the garage and keep - it's not going to lose money now....

Rachman, every time I see your screen name i keep associating it with Rachel.... arrgghh

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Sales rise grinds to halt

New car registrations in April fell by 9.1 per cent to 163,216, latest figures from the Society of Motor Manufacturers and Traders (SMMT) reveal.

That's down from 179,457 in April 2005.

(ext from from autoexpress.co.uk)

Would it be depresssing to assume that much of these sales fall into three categories;

Fleet purchase

MEW funds purchase

Good old HP with generous trade in

Is it true that most new car sales are generated at cost or under because the deficit can be clawed back by fixing the service costs at a higher level??

Conspiracy theory?

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  • 301 Brexit, House prices and Summer 2020

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      • down 5% +
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      • up 5%



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