Saturday, Sep 23, 2006

UK car production down - will it lead to less congestion?

Notional Statistics: Total Motor Vehicle production falls in 3 months to August

Total car production, seasonally adjusted, in the three months to August fell by 6.7 per cent compared with the previous three months. Home production decreased by 3.0 per cent in this period, and export production fell by 7.8 per cent. In comparison with the same three months a year ago, total production fell by 11.8 per cent. Home production decreased by 11.5 per cent and export production fell by 11.8 per cent.

Posted by uncle chris @ 09:15 AM (569 views)
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1. Whiteknight said...

Unlikely.

This is just people realising that they can't have the newest and latest models around on 0% finance. There has been an over supply of cars for a long time. Manufacturers have only been able to perpetuate sales by these financing activities. Anybody interested in this type of stuff can look at what happened when Cisco Systems did this financing to help sales back in the ".com boom" (which was infact more of telecommunications boom). Eventually production has to decrease.

There will be plenty of older cars for people to drive around in.

If you are looking for solutions to congestion you had better look elsewhere: communications technology as applied to transport will lead to some interesting global developments:

http://www.texxi.com
http://www.taxibus.org.uk/

etc.

The UK innovating for a change!


and demand responsive brokers could help in this regard.

Saturday, September 23, 2006 04:05PM Report Comment
 

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