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Motors News
Warning as strong car sales surprise experts
June 12th, 2010
Car industry experts warned that strong car sales are unlikely to continue as fears over a double-dip recession continue. The end of the government- sponsored scrappage scheme at the end of March prompted car industry leaders to predict that new car registrations would fall.
But the latest figures released by the Society for Motor Manufacturers (SMMT) showed that the number of new car registrations in the UK rose by 13.5% in May compared to the same month last year – the 11th consecutive month that sales rose.
The number of new cars sold in the UK during the month was 153,095 compared with 134,858 in May last year. New registrations were higher in Wales than in the rest of the UK, with 5,636 new vehicles sold in May compared to 4,842 in the same month last year, representing a 16.4% rise. This year has seen a 20.4% increase in new car registrations in Wales on last year’s figures.
Click on the following link for the full article...
Greenest ever Renault launched
Friday 21st May 2010
The Renault Clio eco2 is the least polluting car the French manufacturer has ever built, with CO2 emissions of just 98g/km.
The Clio dCi 86 eco2 - to give it its full name - uses revised engine mapping, improved aerodynamics, taller gearing and low resistance tyres to reduce CO2 emissions by 17g/km over the outgoing car.
Click on the following link for the full article...
http://www.autotrader.co.uk/articles/2010/05/cars/renault/clio/greenest-ever-renault-launched
Electric car prices will be reduced by grants worth thousands
February 25th, 2010
Drivers who switch to an electric car will receive a government grant of up to £5,000 but may struggle to find somewhere to charge the battery.
The Department for Transport will announce today that from January it will provide grants worth a maximum of 25 per cent of the price of fully electric cars and plug-in hybrids, which run on electricity for the first few miles before switching to petrol.
Click on the following link for the full article...
http://www.timesonline.co.uk/tol/news/environment/article7040228.ece
Saab-Spyker exploring stock listing in London
February 12th, 2010
Spyker could be about to bring global car manufacturing to the London Stock Exchange after revealing it is exploring a UK listing.
The move, which is at an exploratory stage, is part of the company's enlargement strategy after it agreed to acquire Saab, the Swedish car maker, from General Motors for $74m (£47m) last month.
The new company, Saab Spyker Automobile, would seek to be dual-listed in London and Stockholm, with Spyker's listing in its home capital, Amsterdam, sacrificed in favour of Sweden.
Click on the following link for the full article...
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