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07/01/2002
Sale of new cars surged in 2001
The Society of Motor Manufacturers & Traders has said that the annual sales of new cars in the UK surged to a record 2.45 million in 2001.
Crediting the rise to low UK interest rates and cheaper car prices, motor industry chiefs revealed that UK car sales rose nearly 11 per cent last year.
The Society also upped its forecast for 2002 sales from 2.22 million to 2.3 million.
However, industry watchers warned that the figures did not spell large profits for UK car makers, which have in recent years shed jobs amid a difficult period for manufacturers.
The big winners of the year saw Citroen car sales surge by more than one half to 128,703 cars, the fastest growth rate among high-volume producers, with Volkswagen and Renault also reporting double digit rises.
However, it was Ford who maintained its top ranking status, thanks to its Focus model, which topped the UK sales league every month last year. (MB)
Crediting the rise to low UK interest rates and cheaper car prices, motor industry chiefs revealed that UK car sales rose nearly 11 per cent last year.
The Society also upped its forecast for 2002 sales from 2.22 million to 2.3 million.
However, industry watchers warned that the figures did not spell large profits for UK car makers, which have in recent years shed jobs amid a difficult period for manufacturers.
The big winners of the year saw Citroen car sales surge by more than one half to 128,703 cars, the fastest growth rate among high-volume producers, with Volkswagen and Renault also reporting double digit rises.
However, it was Ford who maintained its top ranking status, thanks to its Focus model, which topped the UK sales league every month last year. (MB)
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16 August 2010
Improved M50 Route 'Almost Ready'
After a four-year €1bn upgrade to Dublin's M50 the new, improved will be finished next month. Once the country's most notorious traffic jam, with 16km tailbacks not uncommon, the National Roads Authority (NRA) will announce the completion of the massive upgrading project in the coming weeks.
Improved M50 Route 'Almost Ready'
After a four-year €1bn upgrade to Dublin's M50 the new, improved will be finished next month. Once the country's most notorious traffic jam, with 16km tailbacks not uncommon, the National Roads Authority (NRA) will announce the completion of the massive upgrading project in the coming weeks.
27 May 2004
1,000 jobs created through £50m Toyota investment
Up to 1,000 new jobs are to be created at Toyota's Burnaston factory, in Derbyshire, after the car-maker announced a £50 million investment in the facility. The move will bring the corporation's UK industrial headcount up to 4,600 staff by the end of this year. Toyota's latest investment brings its commitment to the UK to £1.75 billion.
1,000 jobs created through £50m Toyota investment
Up to 1,000 new jobs are to be created at Toyota's Burnaston factory, in Derbyshire, after the car-maker announced a £50 million investment in the facility. The move will bring the corporation's UK industrial headcount up to 4,600 staff by the end of this year. Toyota's latest investment brings its commitment to the UK to £1.75 billion.
10 May 2004
Record year forecast despite April new car sales dip
The Society of Motor Manufacturers and Traders (SMMT) has revealed that in April there was a dip in new car sales of 3.8%, but remains confident in its forecast a record year for the numbers of new cars sold. Citing a rise in year-to-date registrations of 3.
Record year forecast despite April new car sales dip
The Society of Motor Manufacturers and Traders (SMMT) has revealed that in April there was a dip in new car sales of 3.8%, but remains confident in its forecast a record year for the numbers of new cars sold. Citing a rise in year-to-date registrations of 3.
22 March 2002
Rise in car production points to resurgent economy
The UK economy has been boosted again this week with the news that car production rose dramatically to 18.7 per cent last month. The Office of National Statistics (ONS) has reported that 147,379 cars were made in February compared with 124,163 cars made during the same month last year.
Rise in car production points to resurgent economy
The UK economy has been boosted again this week with the news that car production rose dramatically to 18.7 per cent last month. The Office of National Statistics (ONS) has reported that 147,379 cars were made in February compared with 124,163 cars made during the same month last year.
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Northern Ireland WeatherToday:A chilly start with a widespread frost and some freezing fog, any freezing fog slow to clear. Otherwise bright with sunny spells and coastal showers. Light winds. Maximum temperature 6 °C.Tonight:Coastal showers dying out with a widespread frost developing along with freezing fog, which could become extensive. Winds remaining light. Minimum temperature -3 °C.
