UK new car registrations up on year in November
by ChemOrbis Editorial Team - content@chemorbis.com
New car registrations in the UK continued to increase in November, according to data from the Society of Motor Manufacturers and Traders (SMMT). New car sales increased 2.9% on a yearly basis to reach 184,101 units in November. The number of new cars registered in the January-November period reached 2,514,764 and hit a record.
The data showed that demand for alternatively fueled vehicles was up by 24% in November month on month and had a market share of 3.6%, which is a record.
The data also showed that private new car registrations decreased 1.2% in November when compared to the same month of 2015 and this caused fleet cars to fill half of the market. The largest increases were seen in executive cars by 27.7% and in city cars by 25%.
The data showed that demand for alternatively fueled vehicles was up by 24% in November month on month and had a market share of 3.6%, which is a record.
The data also showed that private new car registrations decreased 1.2% in November when compared to the same month of 2015 and this caused fleet cars to fill half of the market. The largest increases were seen in executive cars by 27.7% and in city cars by 25%.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- China PP, PE markets join global rally after Lunar New Year holiday
- PE, PP and PVC supply crunch exacerbated on US absence, traditional trade flows upended
- European PP, PE markets set for 5th bullish month as shortage bites
- Turkey shattered as PP prices shoot up to surreal levels
- Polymer markets face one of most chaotic times
- Turnaround season set to get underway in Asia
- Crude oil heals COVID-inflicted wounds; now what lies ahead?
- Global shipping turmoil deepens, adding to the upheaval in plastic resins
- China’s post-holiday polymer outlook supported by supply limitations, crude oil
- US PE exports hit record high for 2020 despite production and logistics hurdles
