Analysts from Cap HPI have briefed staff from the Bank of England on the current condition of the UK new and used car markets.
Used car prices “bucked the trend” for a July decline to remain at their most stable rate since 2012, according to Cap HPI.
Cap HPI has promoted Chris Wright to the role of managing director of its global operations.
The used car market looks to be on track for a record year after a bumper H1 saw 3.3 million vehicles sold by the end of June – an increase of 01% on 2016.
Car dealers have been urged to make mileage investigations "an integral part of their business" after a Cap HPI survey uncovered growing concern about growing clocking and mileage discrepancies in the past 12 months.
Cap HPI has appointed Amanda Hardcastle as head of human resources as the business embarks on a talent search to drive its growth into international markets.
Cap HPI has announced that it will be updating its EV data as a result of increasing customer demand for EV and hybrid vehicles.
Cap HPI has secured a new partnership to supply vehicle provenance and automotive data to Marshall Motor Group.
Autonomy is coming, and the industry’s biggest manufacturers are already putting the building blocks of the technology in place.
Nissan has accused the trade’s price guides of being pessimistic with their forecasts on electric vehicle residual values.
Average used values of used cars at three years/60,000 miles dropped 1.5%.
Research into pre-registration activity has revealed a 5% increase in 17/17 plate volumes on 16/16 plate volumes in May, according to Cap HPI.
More than three-quarters, (78%) of UK motor dealers will not be making snap investments in alternative fuel or electric vehicles in light of negativity towards diesel according to the latest market data.
Used car values dropped by 1.6% during April with sectors defined as Lower Medium and City Car by Cap HPI seeing the biggest slide.
The number of cars on UK roads showing mileage discrepancies has risen by 25% since 2014, HPI has revealed..
Sturgess Motor Group has signed a contract with Cap HPI for the supply of vehicle provenance and automotive data.
Dealers are predicting March’s record sales will lead to lower sales through the second quarter of the year.
Pendragon has signed a data deal with Cap HPI.
Used values remained stable in March as strong demand continued to characterise the market.
More than one in ten dealers use over 11 digital systems every day according to a new survey from automotive data experts, Cap HPI.
