Day: March 4, 2021

Car industry downgrades outlook after worst February in six decades

The automotive industry has downgraded its expectations for the year following the worst February for car sales since 1959.

Just 1.83 million new cars will be registered in the UK in 2021, according to the latest prediction from the Society of Motor Manufacturers and Traders (SMMT).

In January it had forecast a figure of 1.89 million.

The change comes after demand for new cars fell by 36% last month compared with February 2020.

Only 51,000 new cars were registered as showrooms remained shut.

February is generally a slow month for car sales due to many motorists waiting for new number plates to be released in March.

If the prediction of 1.89 million new cars being registered this year proves accurate, it would represent a 16% rise from 2020 but an 18% decline compared with 2019.

SMMT chief executive Mike Hawes said: “February is traditionally a small month for car registrations

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New car sales sink to lowest level since 1959

UK car dealership

UK car dealership

Sales of new cars plunged to levels not seen since 1959 in February as coronavirus lockdowns continued to ravage Britain’s automotive industry.

Just 51,312 new cars were registered last month according to data from the Society of Motor Manufacturers and Traders (SMMT) – a 35.5pc decline that equated to 28,282 fewer cars than in February last year.

February is traditionally a quiet month for the car industry as it comes ahead of the new registration plate in March.

Motorists keen to have the latest car on their drives mean March is normally the busiest time for dealers, accounting for a fifth of all new vehicle sales each year.

However, with January lockdowns forcing showrooms to shut and dealers going online to make sales, demand has collapsed.

According to the SMMT, closures and weaker consumer confidence related to the pandemic have cost the industry £23bn in lost

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Girls Auto Clinic Offers Special Services and Advice for Women

Editor’s note: This story was originally published in October 2018.

Patrice Banks used to be the type of woman who felt like she needed a man with her when she took her car to a mechanic or bought a new car.

“[It] wasn’t a very empowering position, considering I’m an engineer,” she says. “I’m in a male-dominated field, I’m smart, but yet I was an auto airhead.”

After reaching out to other women, Banks realized she wasn’t alone. All too many found themselves in similar situations. She decided she was going to do something about it — for herself and for other women.

So Banks went back to school to learn how to become an automotive technician. She quit her engineering job at a Fortune 500 company and opened an auto repair shop in Upper Darby, Pennsylvania — just outside of Philadelphia — in January 2017.

The shop — Girls

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