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.
While Auto Trader's Retail Price Index data reveals a slight softening in the growth of used car retail values this month, the used car buyer is still facing price rises the longer they wait.
Auto Trader is showcasing 1,500 of the top automotive retailers on its marketplace in the UK with its new Highly Rated 2023 initiative.
Finance penetration rates for new and used car funding is slowing, but increasing APRs are having limited impact on engagement according to new research from Auto Trader.
Average used car prices increased by 3.2% in June to £17,756, rising at the fastest rate in eight months, according to the latest data from Auto Trader.
Auto Trader's Retail Price Index has shown that the average retail value of used cars has increased by 3.5% compared to last year's levels, which were already 24% higher than in 2021.
Dealer Auction has revealed the fastest selling models in its top 10 profit achievers for May.
From a vote of 220,000 car owners the Kia EV6 has been crowned the UK’s New Car of the Year 2023 in the seventh annual Auto Trader New Car Awards.
Auto Trader saw its pre-tax profits drop by 2% to £293.6m for its full year results, but posted an increase in revenues and operating profits across the core business.
Automotive retailers that are investing in digital services to offer a seamless customer journey online and in the showroom are reporting higher sales volumes, according to Auto Trader.
Over 1,000 automotive professionals from 100 businesses have now achieved Carbon Literate status to help achieve their wider sustainability objectives.
Used retail prices have increased by 3.6% year-on-year on a like-for-like basis, according to Auto Trader’s latest data.
Auto Trader has called for incentives and tax breaks to make electric vehicles (EV) more affordable and put the UK Government’s plan to ban pure petrol and diesel vehicles by 2030 “back on track”.
The under-pricing of used car stock cost UK car dealers £25.5 million in missed retail opportunity in March alone as average values continued to rise, Auto Trader data shows.
Used car price growth accelerated to 2.3% year-on-year in a market that Auto Trader has asserted is in “robust health”.
