Any - New Car sales down in November - csgmart

Seen on BBC News web site.

"New car registrations dropped 11% in November, the eighth month of decline this year - with diesels down a whopping 30%."

Any - New Car sales down in November - RichT54

If the decline continues, I wonder how long before some dealerships would have to close down?

Any - New Car sales down in November - gordonbennet

Older people who have seen boom and bust several times, and can sense the bust is looming again, arn't going to be buying cars for some time, arguably some makers have deserted their older regular buyers and chased the younger ones.

Going to be lots of tears again, with thousands of twenty/thirty somethings especially living well outside their means, new houses new cars new designer clothes (even on the baby, what's that all about) designer shoes smart phones you name it plus celebrity style holidays several times a year, all on the drip and nowt in the bank.

Interesting times coming.

Any - New Car sales down in November - Falkirk Bairn

Pendragon aka Stratstone & Evans Halshaw have announced they will be closing some new car franchises & concentrating on nearly new/ 2nd hand cars & chasing maintenace & repairs.

Little/ No profits in thin margin sales of new cars & warranty work - glass palaces do not come cheap.

Any - New Car sales down in November - Andrew-T

It can't make such people feel any better when they read of Premiership football clubs offering idiotically huge 'wages' of £300K a WEEK to their best player. But no-one seems to mind - they just go on buying expensive tickets to watch. Soon those players will be the only ones buying new cars ....

Any - New Car sales down in November - colinh

...and how many finance houses/banks will be in trouble?

Any - New Car sales down in November - FP

Yes. It's mostly due to the decline of diesel engines.

Sales of new diesel cars down by just over 30% compared with last year.

Sales of new petrol cars up by 5% and of "alternatively-fuelled" cars up by just over 33%.

Any - New Car sales down in November - Dogfuzz

The only good reason to buy a new or nearly new car now is because inflation is not keeping up with "savings"-thus if you have money -perhaps better to buy a new vehicle before it goes up in price.

If you ain't got the money-you are stuffed. If you want to get into a "never never" PCP deal, that's up to you and whether your mortgage is going to get hiked in the next 6 months.

Plus plus plus- the Government is stalling on it's Brexit plans which is infuriating business and there is the even more serious economic black ice on the cake with the threat of a left wing Marxist in No 10 .

Add to that, motor manufacturers don't know whether to make petrol cars, diesal cars or electric cars--and customers don't know what to buy either.

Any - New Car sales down in November - sandy56

Our government has done a great job of destroying the market for new cleaner diesel cars.

The stupidity is astounding. Our incompetent MP's knew diesel was a "dirty" fuel but went ahead with tax reductions to increase sales, and now, when cars with modern diesel injection technology are much cleaner they increase the diesel taxes!

Why do we vote for these cretins!

Any - New Car sales down in November - FP

In politics, as with so much of public affairs, there is no long-term vision, no planning for anything other than the immediate future. In addition, all too often there is no guiding morality. Decisions are based on a short-term view and on what will get the decision-makers into power again at the next election.

Any - New Car sales down in November - argybargy

In politics, as with so much of public affairs, there is no long-term vision, no planning for anything other than the immediate future. In addition, all too often there is no guiding morality. Decisions are based on a short-term view and on what will get the decision-makers into power again at the next election.

There's a theory that members of the current government are so fed up with the Brexit negotiations that they would consider it a blessed relief if they were defeated in a snap election next year. They look forward to taking their seats on the Opposition benches so that they can watch Labour make a gigantic pig's ear of the negotiations whilst spending all our money in pursuit of social justice, then get booted out after five years so that the Tories can impose austerity all over again without the Damoclean sword of Brexit hanging over them. .

Edited by argybargy on 05/12/2017 at 21:08

Any - New Car sales down in November - RobJP

There's a theory that members of the current government are so fed up with the Brexit negotiations that they would consider it a blessed relief if they were defeated in a snap election next year. They look forward to taking their seats on the Opposition benches so that they can watch Labour make a gigantic pig's ear of the negotiations whilst spending all our money in pursuit of social justice, then get booted out after five years so that the Tories can impose austerity all over again without the Damoclean sword of Brexit hanging over them. .

A friend of mine actually thinks that May wanted to lose the election this year.

Look at it like this. Corbyn has just shifted Labour so far to the left that he makes Castro look like an amateur. All Theresa May has to do is soften stance on a few matters, and she sweeps up the mid-income housholds up and down the country.

Instead, she alienates as many people as possible by moving hard right.

I think he's good a good point. She loses the election, and lets Labour deal with the chaos of Brexit (or not).

Any - New Car sales down in November - RT

There's a theory that members of the current government are so fed up with the Brexit negotiations that they would consider it a blessed relief if they were defeated in a snap election next year. They look forward to taking their seats on the Opposition benches so that they can watch Labour make a gigantic pig's ear of the negotiations whilst spending all our money in pursuit of social justice, then get booted out after five years so that the Tories can impose austerity all over again without the Damoclean sword of Brexit hanging over them. .

A friend of mine actually thinks that May wanted to lose the election this year.

Look at it like this. Corbyn has just shifted Labour so far to the left that he makes Castro look like an amateur. All Theresa May has to do is soften stance on a few matters, and she sweeps up the mid-income housholds up and down the country.

Instead, she alienates as many people as possible by moving hard right.

I think he's good a good point. She loses the election, and lets Labour deal with the chaos of Brexit (or not).

She should never have called the election - it seemed crazy before the voting amd proved crazy since.

Any - New Car sales down in November - sajid

The thing is that the tories are propped up by the DUP and have a slim majority, any brexit negotiations are bound to fail unless the dup agree.

The Govt are stuck on a hard and rocky place, the only prudent action is to resign and call for a election.

Any - New Car sales down in November - Manatee

.

A friend of mine actually thinks that May wanted to lose the election this year.

Did your friend actually think this before the result?

It was unthinkable when May called the election that the Conservatives would do so badly, let alone lose.

Any - New Car sales down in November - Sofa Spud

.

A friend of mine actually thinks that May wanted to lose the election this year.

Did your friend actually think this before the result?

It was unthinkable when May called the election that the Conservatives would do so badly, let alone lose.

I don't think Theresa May wanted to lose the election this year. But I think she will be forced to call another one in the next few months and she might well want to lose that one!

Any - New Car sales down in November - Andrew-T

<< It was unthinkable when May called the election that the Conservatives would do so badly, let alone lose. >>

The Tories have made some blundering decisions in the last few years, starting with Cameron's offer of a Brexit referendum. I still can't understand how he thought it made sense. when our representatives (who we elected to make the big political decisions) couldn't decide what to do, to ask the public, who certainly couldn't evaluate the after-effects of leaving the EU. All they could do was guess what they might get personally. Cameron must have thought the result was a foregone conclusion.

Then Theresa going for a bigger majority when she didn't need one. That certainly backfired: another 'foregone conclusion'. Their soothsayers are just no good. Problem is there are no better alternatives.

Any - New Car sales down in November - RT

<< It was unthinkable when May called the election that the Conservatives would do so badly, let alone lose. >>

The Tories have made some blundering decisions in the last few years, starting with Cameron's offer of a Brexit referendum. I still can't understand how he thought it made sense. when our representatives (who we elected to make the big political decisions) couldn't decide what to do, to ask the public, who certainly couldn't evaluate the after-effects of leaving the EU. All they could do was guess what they might get personally. Cameron must have thought the result was a foregone conclusion.

.

It made sense to Cameron as he expected a big majority in favour of Remain.

Any - New Car sales down in November - argybargy

A friend of mine actually thinks that May wanted to lose the election this year.

Look at it like this. Corbyn has just shifted Labour so far to the left that he makes Castro look like an amateur. All Theresa May has to do is soften stance on a few matters, and she sweeps up the mid-income housholds up and down the country.

Instead, she alienates as many people as possible by moving hard right.

I think he's good a good point. She loses the election, and lets Labour deal with the chaos of Brexit (or not).

My thoughts exactly. Backing off on austerity and loosening some of the shackles on welfare spending would enhance support for the Tories significantly, IMO. Instead they carry on trying to justify the big sack of garbage which is Universal Credit and continuing to starve public services of funding, thereby handing the initative to an Opposition which, IMO is not fit for government.

Meantime you can borrow money at a historically low cost and we're about to take a huge step which could, along with other unrelated financial factors crash the economy. Would it be any wonder if the Tories wanted someone else to take the blame?

Any - New Car sales down in November - Dogfuzz

Oh yes-and another thing-I just wonder if people are at last waking up and realising that cars actually do last more than 3 years.

With careful ,regular, proper maintenance and near zero depreciation, 100,000 miles plus and a 10 year life is easily the cheapest option.

Any - New Car sales down in November - Andrew-T

Oh yes-and another thing-I just wonder if people are at last waking up and realising that cars actually do last more than 3 years.

With careful ,regular, proper maintenance and near zero depreciation, 100,000 miles plus and a 10 year life is easily the cheapest option.

Of course. But car makers (and all the ancillary trades and support industries) are such a huge part of the economy that it can't be allowed to slow down without a tsunami of unemployment. I suppose the repair trade would benefit to a degree.

That's the problem with capitalism - it's the only system which has been shown to work in the long term, but it only works as long as everything keeps expanding - that's why we keep hearing that magic word GROWTH. Sadly there is globally little space left to keep doing that.

Any - New Car sales down in November - NARU

I bought a new car straight after the brexit vote, before the drop in the pound had time to work through to forecourt prices. Traded in a 9-year old vehicle.

I'll be in the market for another new car in 6-10 years.

The rise in PCP had to come to an end sometime - we cannot keep buying new cars on 3-year deals without the country getting full of 3-year old cars in need of homes!

Any - New Car sales down in November - Dogfuzz

Aha--Am I sniffing that the advice here is to buy a 3 year old car in another three years for a rock bottom price?

Any - New Car sales down in November - gordonbennet

I'm in the same boat as RobJP's mate, May tried desperately to lose the election (maybe hoping if not a labour win then another coalition with the Libs, either way Brexit (that neither her nor her party wanted) halted, and she could pile all the blame on either the libs or labour.

I believed this was the intention long before election day, no one in their right mind could have concocted such a dreadful campaign, and the delicious irony is that by having the DUP holding the balance of power that it's actually genuine patriots and Conservatives that hold the balance of power instead of those with EU tattooed through them like a stick of rock, wish i'd been a fly on the wall when the DUP stalked into number 10.

I'm just amazed that either the tories or labour can manage to get more than a handful of votes, just how low do either of those unfit parties have to crawl before people refuse to vote.

Cameron a shining example of the calibre of current politician, didnt get his own way in the vote he couldn't lose so chucked his toys out the pram and minced off, what a dishonourable example of a supposed leader, closely followed by the unfit previous chancellor (the one of record unpayable national debt, even worse than Brown if that were possible) who once he realised the game was up cleared off and now takes snidey pot shots from his propaganda rag.

By the way could someone plug Android May in for an overnight charge, her bank of batteries seem quite depleted of late.

Edited by gordonbennet on 06/12/2017 at 21:19

Any - New Car sales down in November - Metropolis.

I can't see the need for negotiations, we have voted to become an independent country, making our own laws by politicians elected by us. THe only people to negotiate with now are ourselves. Want a free trade deal? Go for it, but don't treat us as some sort of EU vassal state with rulings from a foreign court and payments for 'access' to their market. Time to walk away, stand tall and go our own way again. Thank goodness for the DUP, they certainly brought Theresa Maybe back into line!!

Any - New Car sales down in November - Andrew-T

I can't see the need for negotiations, we have voted to become an independent country, making our own laws by politicians elected by us.

We voted over a year ago, when we had very little to go on except some gut feeling and some fake data from both sides of the argument. The picture is slowly becoming clearer and I think there is a fair chance that a fresh vote would go the other way. If that were true it would be a travesty to go through with Brexit. I am sure there will be some opinion polls to give an indication, but maybe no-one driving the autonomous vehicle wants to find out, to save embarrassment.

Problem is, if we changed our collective mind, the EU would probably want us out by then ....

Any - New Car sales down in November - Metropolis.
Living in a democratic, sovereign nation is not something you can put a price on. The EU are now showing their true colours, a money grabbing Empire that’s losing a colony and doesn’t want contagion with one of its colonies escaping its grasp, hence the talk of punishment. These ‘negotiations’ (more a capitulation!) are made all the more difficult not because they are complex, but because we are being led out of the EU by arch remainers, who of course still haven’t got their heads round the fact we’ve voted to become independent once again. I know plenty of remainers who have switched sides after seeing the EU’s true colours.

Any - New Car sales down in November - Andrew-T
,,. I know plenty of remainers who have switched sides after seeing the EU’s true colours.

Just my point - when we voted no-one had more than the haziest idea of what the consequences might be. No doubt some minds will have been changed in both directions. But I feel strongly that the water should be tested again, if only to make sure. Any zealous Brexiteers should be prepared to back their hunch and risk a reversal.

Any - New Car sales down in November - Metropolis.
Best of three?
Any - New Car sales down in November - Andrew-T
Best of three?

LOL. But as I've said before, if an individual enters a contract there is usually a cooling-off period when change of mind is permissible. It would be criminal to be told 'you made your bed in 2016, now lie in it' if another referendum showed that was not what the majority wanted. And this time we should take more care that Russia had nothing to do with the result.

Any - New Car sales down in November - Metropolis.
mobile.twitter.com/MartinSchulz?ref_src=twsrc%5Ego...r

See the tweets from the horses mouth, I think this would be the nail in the remain camp coffin.
Any - New Car sales down in November - Andrew-T
See the tweets from the horses mouth, I think this would be the nail in the remain camp coffin.

Are these tweets any saner than D Trump's? Schulz is only a member of the SPD, not the POTUS.

Any - New Car sales down in November - movilogo

>> motor manufacturers don't know whether to make petrol cars, diesal cars or electric cars--and customers don't know what to buy either.

Manufactuers want to continue to sell diesel cars but public sentiment has changed. It takes lot of pain to reduce manufacturing diesels and increase petrol ones.

Customer* wants to buy petrol.

Manufactuers want to sell diesel.

Customer doesn't buy.

Supply and demand imblance, overall sales figure down.

Even without considering Brexit uncertainty, bashing diesel has been successful in changing public mood.

* = This includes me too. I want to buy a FWD petrol automatic SUV/Crossover. The cars I like all come with either AWD or diesel FWD. Hence waiting for newer models be introduced (which might happen) as traditionally SUVs heavily diesel focussed.

Edited by movilogo on 07/12/2017 at 15:58

Any - New Car sales down in November - colinh

www.honestjohn.co.uk/carbycar/kia/niro-2016/

Any - New Car sales down in November - Metropolis.

He was until recently President of the European Parliament, and is now leader of the SPD, not merely a member. Highly influential and a sign of things to come. Would you dispute that a USE is the end goal of the EU?

Any - New Car sales down in November - Andrew-T

Would you dispute that a USE is the end goal of the EU?

I have no idea. It is clearly the goal of some individuals, but that is a different proposition.

Any - New Car sales down in November - barney100

I have bought 2 new cars in the last 40 years but mostly stick to used ones. The cost of new cars seems very high and the initial depreciation is very high. I have no plans to upgrade mine and am sitting waiting to see how the market pans out.

Any - New Car sales down in November - Engineer Andy

I have bought 2 new cars in the last 40 years but mostly stick to used ones. The cost of new cars seems very high and the initial depreciation is very high. I have no plans to upgrade mine and am sitting waiting to see how the market pans out.

Perhaps now many people (other than being turned off diesels by recent events) are having second thoughts about just recycling their cars every 3 years or so, taking (as you say) a huge hit (mostly) in depreciation for a car that is really mostly poser-material (most people don't use or need all its features, including all the optional extras), and maybe waiting for manufacturers to start offering more basic cars that are fundamentally more hardy, reliable, especially over the longer term.

Each generation of car is (generally) obviously better than the ones that preceeded them, however with the pressures on household budgets, increasing environmental legislation and the restrictions they will have on car use (and financial penalties), the cost of ownership going up in recent years, etc will undoubtedly have an influence over not just whether we buy new cars, but how often.

PCP and similar finance deals I think are at their peak, maybe now in decline, and I believe much of the increase in recent years since the 'end' of the financial crisis/recession has been driven by people buying cars (especially, and a lot of other things) on credit, putting off pyaing for them well down the proverbial road.

Only now that many people are finally waking up to our endebtedness, both personally and as a nation, as well as the current political uncertainties (especially the chances of a Corbyn-lead [sorry folks, here's the politics bit] Labour 'government' being in power in the not-to-distant future), many people are now holding off buying new cars, especially if their current one (as I am doing) isn't actually falling to bits and is still more than roadworthy.

Creating and sustaining a false market based on envy (of your neighbour's/firend's.colleague's car), vanity and hype (cars are better today, but they're not THAT much better), and paid for by our long-term financial health cannot be good for anyone, least of all a country. Hopefully sanity is slowly returning to the market (especially to reduce diesel car sales back down to nearer what it used to be, i.e. for people who did very large annual mileages and/or regularly carried very heavy loads/worked in agriculture.

 

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