Electric vehicles (EV) look set to reshape the UK’s car retail sector in the years ahead, with a fifth of dealers telling Auto Trader that they will never sell purely battery-powered zero-emission vehicles.
Auto Trader has claimed that car retailers pricing their used car stock using “opinion” instead of live market data are losing almost £11,000 a month.
The battery health of electric vehicles (EV) “must” join age and mileage as a key used car valuation metric, but new legislation might be required, it has been claimed.
Auto Trader is helping retailer’s showcase their 'exceptional' customer service with the launch of Auto Trader Highly Rated 2022.
The average retail price of a used car has grown for the 27th consecutive month, reaching £17,252 in June, up 41.5% on June 2019.
UK’s new car registrations slumped to their worst June since 1996 after ongoing component supply issues contributed to a 24.3% decline - but the cost of living crisis is yet to bite.
A magnificent seven electric vehicles (EV) topped Auto Trader’s fastest-sellers rankings for June and proved that car buyers are currently clamouring to avoid soaring fuel prices by embracing zero-emissions transport.
Auto Trader has given away more than £500,000 worth of electric cars in the last 12 months as part of its Electric Car Giveaway competition.
Auto Trader has urged car retailers not to “jump to rash conclusions about the health of the market” after car price rises eased in May with the prospect of tough times ahead for car buying consumers.
Vanarama CEO Andy Alderson has received the Go:Tech Awards ‘Tech Entrepreneur of the Year 22’ award.
Auto Trader has revealed revenues up by 65% and pre-tax profit growth of 91% in a set of 2021/2022 annual financial results published this morning.
Automotive finance company Oodle has been recognised as an industry ‘game-changer’ at this year’s Car Finance Awards.
Auto Trader has entered a new partnership with Haymarket Automotive to power the used car pages on its Autocar and What Car? websites.
Auto Trader has struck-up a new partnership with the Office for National Statistics (ONS) which will see the used car marketplaces data become an official economic barometer for the authority.
A “lingering supply chain crunch” has been blamed for a used car sector that remained 12.2% down by volume on pre-COVID 2019 in Q1, 2022.
New car sales were down 15.8% in April 2022 versus April 2021, to 119,167 registrations. The SMMT data shows a -33.3% decrease in large fleet registrations.
Arnold Clark chief executive Eddie Hawthorne, Pendragon chief marketing officer Kim Costello and Auto Trader’s chief operations officer Catherine Faiers are among the headline speakers at this year’s Driving Digital conference.
Auto Trader has been awarded Gold Carbon Literate Organisation accreditation from the Carbon Literacy Project (CLP).
Auto Trader director of data and insights Richard Walker has stated that suggestions of tumbling used car prices “unfounded” – but conceded that demand is softening.
Auto Trader brand director Marc Palmer asserted that “areas of affluence” are the UK’s hotspots for interest in electric vehicles (EV) as the cost-of-living crisis continues to squeeze car buyers’ purse strings.
