New Car Sales down

[oldcolner]

By about 10% in September with diesels falling by 20%.
Reduced consumer credit and falling PPI windfalls partly blamed.

http://www.bbc.co.uk/news/business-41512421

I suspect the falling pound hasn’t helped either.

[The Bedlington Terrier]

Rocketing petrol prices.
Tory austerity measures hitting home.
Brexit uncertainty.
Confusion on diesel/petrol/electric hybrids.
A sitting government who hardly inspire you to leave home never mind attend a car showroom.
Homelessness a major worry.
Trump talking about his big button.
Buy a new car? I don't think so!

[sinkov]

It's cyclical, new car sales are always falling, or rising, and the people who think they know why actually haven't got a clue,

[The Bedlington Terrier]

We are talking about car sales, not cycles sinkov. Really!

[oldcolner]

80% of New Merc’s and BMWs are not bought, they are leased apparently. As second hand diesel prices fall the costs of leasing are rising. Those on PCPs suffer similarly.

[sinkov]

Seems like the main driver of this fall is on BT's list, confusion over diesel. Despite new diesels being far cleaner than petrol, the sale of new diesels has slumped drastically, leading to the first rise in CO2 emissions in ages.

So, a double whammy, the economy damaged and CO2 emissions up. The eco-loons strike again.

[The Bedlington Terrier]

Indeed sinkov, indeed.

[sinkov]

We are talking about car sales, not cycles sinkov. Really!

Sorry BT, but with this weather and Brexit worries, surely cycle sales are down as well.