Hyundai’s Tucson SUV has emerged as Auto Trader’s fastest selling car for October after the 2015 diesel manual variant took an average of just 19 days to leave car dealer’s forecourts.
The growth in used car retail prices reached its lowest point since August 2017 as online enquiries reflected a surge in interest in electric vehicles (EVs) and hybrid vehicles, according to the Auto Trader Retail Price Index.
Auto Trader is offering car dealers the chance to advertise their entire stock of brand-new unregistered cars online for free until early 2019 as part of its launch a new service.
Auto Trader has reported a 7% increase in revenues and a 10% rise in operating profits in its half-year financial results for the six months to September 30.
The Mercedes-Benz GLA Class emerged as the top performer in Auto Trader's monthly fastest-selling used car rankings for the first time in September – taking an average of 15 days to leave dealer forecourts.
Auto Trader has reported that the average price of a used car offered for sales on a dealer forecourt reached a record high of £12,853 during September.
The diesel-powered version of Mitsubishi’s Outlander SUV was the fastest-selling used car on Auto Trader during August – taking an average of just 17 days to leave forecourts.
Car dealers will have to “supply new and used cars to service providers” as consumers move away from ownership towards leasing and mobility solutions in the next decade, Auto Trader has claimed.
The average price of a used car offered for sale on Auto Trader declined by 1% during August as interest in electric and hybrid cars grew, the online retail platform has revealed.
The Lead Agency has appointed Auto Trader’s former agency sales director Chris Gawor as its new head of agency partnerships.
Car manufacturers rush to sell new cars which are not compliant with the new WLTP and RDE fuel economy and emissions legislation has created a “false economy” in which sales rose 23.1% in August.
Seat’s recent decision to limit options for dealers to upsell optional extras on its range is an interesting one; mainly as it is seemingly flying in the face of current personalisation trends when it comes to the in-car experience.
Premium car brands saw slower price growth in the used car sector during July as the effects of an “aggressive” battle for market share began to take hold, Auto Trader has suggested.
Motorists will wait an average of nine years to invest in their first electric vehicle as uncertainties about charging infrastructure and affordability emerge as key hurdles, Auto Trader has found.
The 2016 Renault Zoe (electric automatic) was on average the UK’s fastest selling used vehicle in July.
Cox Automotive and Auto Trader have launched a joint venture to drive growth of the Dealer Auction automotive wholesale marketplace – promising car retailers a greater choice of vehicle stock.
CarGurus claims to be "the fastest growing major automotive shopping site" after its Q2 revenues grew by 45% year-on-year and its unique monthly user base swelled by 54%.
Fresh Motors founder Jacob Freshwater has said that creating the right environment for used car sales was central to his Rising Star award win at the recent Auto Trader Retail Awards.
Luscombe Motors Car Shop won Retailer of the Year accolades as Auto Trader rewarded the efforts of the UK’s best car dealers at its 11th annual Retailer Awards.
Petrol is closing in on diesel as the most popular fuel type among UK car buyers, according to Auto Trader’s online search data.
