 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 by Staff Writers London (AFP) Nov 6, 2017
British car sales sank in October for the seventh successive month on disappointing consumer demand, industry data showed on Monday. New car registrations sank 12.2 percent year-on-year to 158,192 vehicles last month, the Society of Motor Manufacturers and Traders said in a statement. The SMMT blamed the sharp drop on falling consumer confidence -- and confusion surrounding the government's air quality plans. "Declining business and consumer confidence is undoubtedly affecting demand in the new car market but this is being compounded by confusion over government policy on diesel," said SMMT chief executive Mike Hawes. "Consumers need urgent reassurance that the latest, low-emission diesel cars on sale will not face any bans, charges or other restrictions, anywhere in the UK." Under a change in UK tax rules that came into effect in April 2017, all new cars -- except for those with zero carbon dioxide emissions -- are now subject to an annual flat-rate charge.
Tesla slides on murky outlook for fixing Model 3 production woesNew York (AFP) Nov 1, 2017 Tesla shares skidded Wednesday after offering only a murky timetable for fixing production "bottlenecks" for its Model 3, the vehicle aimed at broadening the appeal of the electric carmaker. Shares in Tesla, a longtime favorite of Wall Street, sank 4.7 percent in after-hours trade to $306.00 following its quarterly update, which also showed its net loss nearly doubled to $619 million - its ... read more Related Links Car Technology at SpaceMart.com
|
|||||||||||||
|
|
| The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us. |
del.icio.us
Digg
Reddit
Google
