Data intelligence specialist Percayso is partnering with Cartotrade to provide dealers with access to the most comprehensive vehicle pricing and ownership data through a new market intelligence tool.
Motors is teaming with data intelligence specialist Percayso to provide dealers with valuable insights into market demand, pricing trends, and vehicle history.
Automotive data integration specialist One Auto API has appointed former Cazoo and Cazana vehicle data expert Rupert Pontin as its new commercial director.
Cazoo’s acquisition of used car valuations data provider Cazana left a “gap in the market”, according to its former vice president of insight and analytics Rupert Pontin.
Used car sales have recovered by 2.8% from September 6, while new retail adverts have surged by 27.8%, according to the latest Cazana data.
Used car sales surged by 19.4% last week as strengthening consumer confidence delivered strong online leads and “a consistent level of footfall at retailer showrooms”, according Cazana.
Used car buyers who paused their purchase to focus their attention on England’s route through the European football championships may have triggered a 26.8% boost to retail sales last week.
Used car dealers have been urged to remember that consumers ultimately dictate the price a car can be sold at as wholesale values continue to place pressure on stocking levels.
Car retailers have been warned that Government travel bans and delayes to the easing of COVID-19 lockdowns are likely to see the "huge accelration" in used car pricing continue.
Soaring wholesale used car prices are “not recoverable” through retail price rises, creating an environment of ever-shrinking margins.
Car retail valuations and insight specialist Cazana has rolled-out a rebranded logo and new website as part of its drive towards “global expansion”.
Car retailers and manufacturers are urging the Government to establish a roadmap to 2030 to help drive electric vehicle (EV) sales after “overnight” changes cut the plug-in car grant (PiCG) purchase incentive from £3,000 to £2,500 and capped at £35,000.
Rupert Pontin, director of insight at Cazana, reminds dealers of five responsibilities ahead of the end of their showrooms' release from coronavirus lockdown.
Cazana’s director of insights, Rupert Pontin, has conceded that February new and used car sales were ‘less promising than expected’ – despite attempts to set the data in a positive context.
Following a frantic September which saw car retailers fight to sustain the market’s COVID-19 recovery Cazana director of insights, Rupert Pontin, believes a volatile period of used car pricing trends lies ahead.
UK car dealers must step up their digital services or risk being left behind, as the COVID-19 pandemic has led many customers to carry out more research from their sitting rooms before they visit car showrooms to agree the deal.
The COVID-19 pandemic has brought about a reduction in global emissions as the economy slowed and vehicles were kept off the roads during lockdown.
Following a swift transition by car retailers from the COVID-19 lockdown to “the new normal” new car registrations got back on track for UK businesses in June.
Cazana, the vehicle data company, has confirmed that used car pricing has not raced to the bottom during lockdown.
Cazana has reported that demand for used cars during the COVID-19 lockdown may have outstripped the 20% of sales transactions which were completed during the period.
