Autovista Group, the owner of UK car values brand Glass's, has been acquired by the global automotive data and analytics firm JD Power.
Wider questions surrounding the take-up of electric vehicles (EVs) will be addressed when Anthony Machin, head of content at Glass’s Guide, takes to the stage at Automotive Management Live 2018.
Demand for used diesel cars has remained strong in the first quarter of 2018, driving conversion rates at auction.
Anthony Machin and Jonathan Dolden have joined Glass’s as the data specialist looks to boost is innovation and insight.
Nissan has accused the trade’s price guides of being pessimistic with their forecasts on electric vehicle residual values.
Industry analysts quietly confident that used car sales will top 2016’s record 8.2m.
The Vehicle Remarketing Association has appointed Rupert Pontin, Tim Hudson and Philip Nothard as new directors on a ten-strong board.
‘Explosion of the crossover’ has seen volumes rapidly increase as days in stock fall
The Renault Trafic panel van has been named as Glass’s ‘used van hero’ for November.
The UK new car market will fall by around 3.5% next year to around 2.6 million cars, predicts Glass’s.
Glass’s has predicted that the falling value of the pound is likely to see monthly PCP new car payments rise in 2017 as manufacturers look to recoup their losses.
The SMMT has praised the government’s drive towards improved transport infrastructure and innovation in the EV sector following yesterday’s Autumn Statement as others eyed opportunity amid the uncertainty.
Petrol hybrid cars are showing the greatest forecourt price resilience as petrol and diesel vehicles both show falls of around 5%, Cap HPI has revealed.
Improvements to the potential range of electric vehicles could soon consign the hybrid to the annals of automotive history, according to industry experts at Glass’s.
Diesel sales are not only beginning to slow in the new car market, but that selling used diesel powered cars is less profitable.
The E46 BMW M3 is fast becoming a classic – and is now a ‘used car hero’.
Residual values will fall in the next 12 months by a couple of percentage points and up to 8% in the next three years.
More may need to be done to educate the rapidly rising number of PCP customers about the condition in which their lease car should be returned, says Glass's.
The coming weeks will be a frantic scrabble to shift metal to the customer in the most efficient way possible, to meet both profit targets and volume commitments given to the manufacturers earlier in the year.
Fleets "hanging onto" cars and vans in an attempt to achieve unrealistic and inflated valuations are causing distortions in the used car and van markets, say Glass's.
