Auto Trader suffered a 29% decline in revenues and 38% reduction in operating profit as it acted to mitigate the impact of COVID-19 on its car retail customers, its 2020 annual financial results have revealed.
A ‘record’ 73 million visits on Auto Trader in May was accompanied by an 8.1% year-on-year (YoY) increase in the average price of a used car.
The Jaguar I-Pace scooped New Car of the Year in last week's Auto Trader New Car Awards 2021 however premium brands were far from dominant. Trophies went to more than 20 new cars, including Best Value Brand to Dacia, Best Value New Car to the MG ZS and Best Value Electric Car to the Kia Soul EV.
Used car price growth has accelerated significantly, according to Auto Trader, following the reopening of showrooms last month.
A 36% April surge in online traffic from used car buyers was accompanied by a 7.1% year-on-year rise in advertised vehicle values on Auto Trader.
Almost two-thirds of car buyers would be open to buying a car without a test drive if the dealer offered a 14-day money back guarantee, according to new research from Auto Trader.
The Ben automotive benevolent charity’s Ben Ball will return for 2021, bringing relief to fund-raisers who faced a £1 million shortfall after last year’s COVID-enforced cancellation.
Almost two-thirds (61%) of 17-24-year-olds plan to spend their lockdown savings on a new car, according to a new study by Auto Trader.
Auto Trader and Ennis & Co are collaborating on a new series of webinars to bring together leaders in the automotive sector to discuss and share diversity and inclusion (D&I) best practice.
Data from Auto Trader suggests consumer demand for new and used cars is growing rapidly with a third of in-market buyers expected to make a purchase in the next two weeks.
Car manufacturers are looking at model rationalisations, reduced trims and increased co-operations in a bid to comply with clear air targets. Tom Seymour reports...
A positive retailer experience is the biggest accelerator to purchase for van buyers, according to the latest Auto Trader Van Buyer report.
Auto Trader has said it expects the UK’s car retail sector to deliver a “fast return to health” after seeing a 12th consecutive month of rising used car prices and record online engagement from buyers in March.
Auto Trader has launched its guaranteed part-exchange service following a successful trial with 1,000 retailers.
Growth in the value of used cars is beginning to stabilise despite signs of an acceleration in demand from consumers as the easing of COVID-19 ‘Lockdown 3’ draws nearer, according to Auto Trader.
Auto Trader has painted a positive picture of the car retail sector during March’s COVID-19 ‘Lockdown 3’, with consumer confidence reaching new heights and dealers trading at 90% of normal volumes.
Car retailers balancing supply and demand during COVID-19 ‘Lockdown 3’ trading have delivered a 41st consecutive week of rising used car prices on the Auto Trader classified advertising platform.
Auto Trader has said that January’s 7.4% rise in used car values has given it “confidence we’ll see a quick return to health” as COVID-19 ‘Lockdown 3’ restrictions start to ease.
Auto Trader has reported a 1.6 million uplift in the volumes of visitors to its online car marketing platform and record consumer confidence amid KPIs which could indicate another post-lockdown sales boom.
Auto Trader has predicted that sales of new electric vehicles (EV) could surpass that of traditional petrol and diesel internal combustion engined (ICE) equivalents as soon as 2025.
