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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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13 January 2010
Dramatic Drop In December Car Sales
There has been a decrease of close to a third in new private cars licensed last month across the Irish State. Only 474 new private cars were licensed in December 2009, compared with 667 in December 2008, a decrease of 28.9%.
Dramatic Drop In December Car Sales
There has been a decrease of close to a third in new private cars licensed last month across the Irish State. Only 474 new private cars were licensed in December 2009, compared with 667 in December 2008, a decrease of 28.9%.
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.
01 August 2001
Report highlights risks of buying grey import vehicles
Many of the cars on the province’s roads are grey imports and fears are growing that some of these vehicles have been stolen in Japan. The risks associated with buying such a vehicle were thought to be slight, until a BBC Watchdog documentary claimed that there were up to 65,000 stolen Japanese imported vehicles in the UK.
Report highlights risks of buying grey import vehicles
Many of the cars on the province’s roads are grey imports and fears are growing that some of these vehicles have been stolen in Japan. The risks associated with buying such a vehicle were thought to be slight, until a BBC Watchdog documentary claimed that there were up to 65,000 stolen Japanese imported vehicles in the UK.
11 April 2002
HMV to float on London Stock Exchange
EMI has revealed it is to float leading music retailer HMV on the London Stock Exchange by June. The company made the decision following months of speculation after it launched a radical reorganisation in the face of poor financial results.
HMV to float on London Stock Exchange
EMI has revealed it is to float leading music retailer HMV on the London Stock Exchange by June. The company made the decision following months of speculation after it launched a radical reorganisation in the face of poor financial results.
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Northern Ireland WeatherThis Evening and Tonight:Another cloudy and mild night with the odd spot of light drizzle. More widespread outbreaks of rain will spread southeast into western parts of Tyrone, Fermanagh and Derry late in the night. Minimum temperature 8 °C.
