Wednesday, September 24, 2014   

UK new car sales rise up again
(05-07 19:20)

British new car registrations rose 8.2 percent to 176,820 units in April, the 26th consecutive month of growth, said the country's automobile association on Wednesday.
Continuing improvements in economic conditions boosted consumer confidence, fuelling new car registrations, said the Society of Motor Manufacturers and Traders in its monthly data release.
SMMT revised up 2014 market forecast from 2.3 million to more than 2.4 million registrations, which represents an increase of more than 6 percent versus last year.
"This marks 26 consecutive months of growth as GDP continues to pick up, inflation falls and wage levels improve," said Mike Hawes, SMMT Chief Executive.
The automotive industry was a vital part of the British economy, accounting for more than 60 billion pounds turnover and 12 billion pounds value added. It accounted for 10 percent of total British export of goods.
The SMMT was the trade association for the British motor industry, which covered companies of all sizes in the industry including supply chain, aftermarket, manufacturing and distribution. --Xinhua   
Other Business breaking news:
Barclays bank fined: regulator (09-23 18:15)
ECB launches new 10-euro banknotes (09-23 17:33)
German industry less optimistic on outlook: federation (09-23 16:37)
Eurozone business activity slows further in September (09-23 16:36)
Hang Seng dips, Shanghai gains (09-23 16:35)
European stocks down at open (09-23 16:01)
Jimmy Choo shoemaker to launch on London stock market (09-23 15:52)
Electronics giant Philips says to split company (09-23 15:29)
Hang Seng flat at midday (09-23 12:38)
China factory index ticks up (09-23 10:45)

More breaking news >>

© 2014 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2014, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.