Traditionally the used car market in April is buoyant and there are plenty of retail buyers on the forecourt but that has not been the case in 2019.
The Government is being advised to bring forward its ban on the sale of new petrol and diesel cars from 2040 to 2030, in a new report from the Committee on Climate Change.
Discounts offered by dealers on diesel cars remain on par with those on petrol models despite dwindling sales, finds new analysis by What Car.
Strong demand for used diesel vehicles has resulted in a 5.6% increase in values during Q1 as part of an apparent resurgence in popularity, according to data published by Autorola.
Brexit, a global slowdown and confusion over the future of diesel vehicles have combined to create a crisis of consumer confidence which may have driven 2.4 million motorists away from a new car purchase.
Online searches for diesel vehicles on Auto Trader declined to just 42% in February following a “precipitous” decline in popularity for the fuel type over the past two years.
Jaguar Land Rover is recalling 44,000 vehicles for repairs after the discovery excessive CO2 emissions may be produced by diesel-powered models.
Two-thirds of UK car dealers believe that the Government’s proposal to ban on petrol and diesel powered non-alternative fuel vehicles (AFVs) by 2032 is too early.
Auto Trader’s Retail Price Index has shown that diesel was “constantly the fastest selling fuel type” for used cars in 2018, as diesel values remain resilient.
Coachworks Consulting has suggested that car dealers will be forced to adopt “guerrilla tactics” to sell new diesel-engined cars when the new 19-plate is introduced in March.
Cox Automotive has reported that volumes of nearly-new diesel vehicles declined in January as the used car sector showed stability by “following its normal seasonal pattern”.
Aston Barclay Insights report has revealed that average prices of diesel and petrol vehicles in the used car market rose to a record high in Q4 2018.
A lack of “good quality and desirable stock” has not been enough to stall rising used car prices as demand from consumers defies the uncertainty caused by Brexit, according to Cazana.
New car registrations declined by 1.6% despite a 2.9% increase in the number of private buyers starting 2019 with the purchase of a new vehicle.
Used diesel values have dropped by more than 10% since 2017, as demand shifts towards petrol models.
The UK market suffered Europe’s largest decline in registrations during a year in which the region delivered its highest new car registrations total since 2007.
UK car dealers remain ‘resolutely optimistic’ despite Brexit, diesel vehicles’ negative press and increased competition for used car stock in 2019, according to Close Brothers Motor Finance.
The European Automobile Manufacturer’s Association (ACEA) is right to feel let down by the final 2030 CO2 emissions deal proposed by the EU member states, Commission and the European Parliament.
New diesel car sales are falling so quickly that there could be new car market shortages in the near future, says the Vehicle Remarketing Association (VRA)
A price rise of 15.5% during 2018 propelled petrol-powered used cars to record levels, according to online remarketing specialist Autorola.
