Car sales slip for first time this year

first_img Car sales slip for first time this year Thursday 19 August 2010 8:52 pm whatsapp Tags: NULL whatsapp KCS-content More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgConnecticut man dies after crashing Harley into live bearnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comPuffer fish snaps a selfie with lucky divernypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com CAR production in Britain dropped by 8.9 per cent in July as the end of the scrappage scheme hit demand, the Society of Motor Manufacturers and Traders (SMMT) said yesterday.Production for the year-to-date was still 41.7 per cent higher than in the same period in 2009, SMMT said.Last month’s drop – with 98,000 cars produced – was the first since October.Engine production fell 3.4 per cent while total vehicle production was down by 7.5 per cent to 107,578.Commercial vehicle output grew 10.7 per cent in July and by 43.2 per cent per cent in first seven months of the year.SMMT chief executive Paul Everitt said: “UK vehicle production is more than 40 per cent up on last year’s levels and while we expect some challenging conditions, economic growth has returned in all major markets around the world.”The government scrappage scheme offered new buyers a £2,000 discount if they scrapped a car that was more than ten years old, which helped to boost demand. This scheme ended in March.The car industry in Britain still accounts for a large chunk of the country’s manufacturing output even though most car manufacturers operating in the UK are foreign-owned. Share Show Comments ▼last_img

Posts Tagged with…

Write a Comment

Your email address will not be published. Required fields are marked *