The success of the EV market could pivot on two big political issues: the prospect of subsidies and the outcome of the forthcoming General Election.
Used EVs are now becoming a viable alternative to new models with sub £20,000 electric stock accounting for 25% of the market
Land Rover products dominated 2023 for the third year running, while other premium makes continued to deliver strong returns, according to Dealer Auction.
Consumer demand is robust, and cars are selling quickly, which combined with the slow return in supply, means retail prices continue to show more resilience.
The UK’s zero emission vehicle (ZEV) mandate that will force all manufacturers to make cars and vans emission free by 2035 is now law
Dealer Auction’s Retail Margin Monitor for November saw mainstream SUV brands offer dealers unique opportunities for profit
Auto Traders delivers 2024 outlook for the new and used car market
Auto Trader is increasing its marketing investment by 23% year-on-year in Q1 next year as part of a push to reach more UK adults.
Inchcape has drastically cut its exposure to used cars by taking the strategic decision to shutter eight of its 17 supermarket sites in the UK
The average retail price of a used car in November was 3.8% lower than a year previously, Auto Trader data shows, marking the third consecutive month of retail price decline.
The Office for Budget Responsibility (OBR) has significantly reduced its projections for electric vehicle (EV) registrations in the UK
The ‘secret sauce’ of the top 1,000 dealerships that makes then stand out is their friendly approach and rigorous efforts to make transactions easy
The UK Chancellor has moved to boost advanced automotive manufacturing and industry apprenticeships as part of the UK’s latest budget review.
An absence of consumer incentives could mean the EV market could be lacklustre next year with the SMMT revising down growth to a market share of 22.3%.
This month’s AM Live will feature an interactive panel discussion that will explore how to unlock future opportunities through automotive finance.
Auto Trader has launched a trended valuations tool to help retailers maximise profitability and navigate an increasingly nuanced market.
AutoTrader has been ranked the most popular search term within the online automotive marketplace, capturing 66% of all searches over the last 12 months, according to comparison website Uswitch.
The lack of new car supply over recent years will significantly impact the UK’s car supermarkets next year who will struggle to secure used cars in the 3–5-year age bracket.
Lack of clarity over consumer duty rules creating legacy risk
The fleet sector’s concerns over the fall in value of used electric cars could be pivotal to the UK’s success in phasing out fossil-fuel models.
