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Car bosses say 4x4 demand falling | Car bosses say 4x4 demand falling |
(about 1 hour later) | |
The popularity of 4x4s is set to falter in 2007, a report says. | |
A global survey of 150 car industry executives by financial firm KPMG claims sales will be hit by higher fuel prices and environmental concerns. | A global survey of 150 car industry executives by financial firm KPMG claims sales will be hit by higher fuel prices and environmental concerns. |
The executives believe fuel efficiency will become the most important of the criteria for buying a car. | The executives believe fuel efficiency will become the most important of the criteria for buying a car. |
Monthly sales in the UK are falling, currently standing at about 15% lower than a year earlier - and affected by moves to penalise the vehicles. | Monthly sales in the UK are falling, currently standing at about 15% lower than a year earlier - and affected by moves to penalise the vehicles. |
Opponents of the cars dislike their fuel consumption but are also angry at the congestion they create. | Opponents of the cars dislike their fuel consumption but are also angry at the congestion they create. |
Fuel pricing | Fuel pricing |
Motor industry analyst Mark Fulthorpe, of CSM Worldwide, told BBC Radio 4's Today programme drivers in North America and Europe were becoming more concerned about fuel economy. | Motor industry analyst Mark Fulthorpe, of CSM Worldwide, told BBC Radio 4's Today programme drivers in North America and Europe were becoming more concerned about fuel economy. |
"The North American consumer seems to be waking up to some consciousness with regard to fuel pricing, and those designs are typically the heaviest and least fuel efficient," he said. | "The North American consumer seems to be waking up to some consciousness with regard to fuel pricing, and those designs are typically the heaviest and least fuel efficient," he said. |
"Increasingly they are looking at newer, lighter designs particularly from the Japanese and Korean manufacturers. We also see that in Europe as well." | "Increasingly they are looking at newer, lighter designs particularly from the Japanese and Korean manufacturers. We also see that in Europe as well." |
In London, the congestion charge is to be raised for highly-polluting vehicles and one council is considering linking the cost of parking to the size of cars. | In London, the congestion charge is to be raised for highly-polluting vehicles and one council is considering linking the cost of parking to the size of cars. |
In March, Chancellor Gordon Brown raised vehicle excise duty for the most polluting petrol-fuelled cars to £210. | In March, Chancellor Gordon Brown raised vehicle excise duty for the most polluting petrol-fuelled cars to £210. |