Average used diesel prices of cars sold on the Autorola online portal continued to rise in Q2, although there was a noticeable fall in volume.
The Vehicle Remarketing Association has warned car dealers to expect an unpredictable used car market towards the end of this year and into 2019 as the sector feels the effects of the switch to WLTP emissions test legislation.
Petrol is closing in on diesel as the most popular fuel type among UK car buyers, according to Auto Trader’s online search data.
June 2018 has been a good month for the retail used car market although trading conditions appear to have been harder thanks to the weather and the World Cup.
Volkswagen Group has been fined one billion Euros for cheating diesel emission tests after accepting responsibility for the “diesel crisis” before public prosecutors in Germany.
Jennings Group managing director Nas Khan has revealed that the group cancelled plans for a new £6m flagship FordStore dealership due to the effects of Brexit and uncertainty over the future of diesel vehicles.
Arnold Clark, Lookers and Clive Brook Volvo were visited by their local MP last Friday (May 25) as the NFDA's Parliamentary Engagement Programme continued to give car retailers a chance to discuss to discuss employment, apprenticeships and Brexit.
Diesel was the fastest-selling fuel type during April as the Mitsubishi Outlander topped Auto Trader’s monthly list of successful sellers during April.
Diesel-powered used cars have risen 5% in value on Auto Trader during April, despite the proportion of online searches for diesel falling to an record low.
The new and used car markets can be a bit of a challenge during the month of April with plenty of distraction for the retail consumer often leading to a patchy month in terms of both demand and sales.
The Vehicle Remarketing Association's annual general meeting will offer delegates access to expert advice on dealing with diesel “demonisation” and the fall-out from the EU's incoming WLTP emissions and fuel consumption test regime.
The National Franchised Dealers Association has welcomed business secretary Greg Clark’s approach toward greener diesels in the forthcoming Road to Zero policy.
Volvo has cited the mounting complication and costs of emissions regulation standards for a decision to ditch diesel form all future products as it moves towards an EV future.
Demand for used diesel cars has remained strong in the first quarter of 2018, driving conversion rates at auction.
Private new car registrations were April’s highlight as the new car market starts to show signs of “balance” but diesel car prices have faltered in the used car sector, according to Cazana.
Nissan will "gradually discontinue" selling diesel cars in Europe, as it continues to push for electrification in its model ranges.
Failing demand for new cars could trigger a more widespread reduction in the UK’s car dealership numbers following Vauxhall’s move under its PSA Group owners, according to the SMMT.
Car dealers turning to the used vehicle market amid falling new car sales have sparked at 9.4% increase in prices at auction, according to data published by Cox Automotive.
Demand for used diesel vehicles has remained strong in March with SUVs leading the charge, according to Cap HPI.
Auto Trader has reported that online searches for diesel powered used cars stabilised in March as their price failed to keep pace with their petrol equivalents.
