UK New Car Market Expected Growth Amid Manufacturing Decline
UK New Car Market Expected Growth Amid Manufacturing Decline

UK New Car Market Expected Growth Amid Manufacturing Decline

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The week ahead features varied weather across different U.S. regions, with Duluth experiencing clearing smoke leading to sunny and breezy conditions early in the week before clouds and scattered showers arrive later. Maryland is expected to see another heat wave followed by stormy weather after a sunny start to the workweek, while Atlanta begins the week with limited sunshine but moves closer to average conditions by Friday. Meanwhile, the UK automotive sector faces a pivotal 2025 marked by economic pressures and a significant shift toward electrification. Despite a 5% dip in July new car registrations, overall volumes for the year are up, leading to a modest forecast increase. Electric vehicle registrations, including battery electric, plug-in hybrids, and hybrids, are projected to grow substantially, though uptake still lags behind government targets due to unclear incentives. Diesel and petrol sales are forecast to decline as electrification remains a central, if challenging, focus for the industry.

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