Many of us expected Q1 loses for Tesla last week, but I for one hadn’t anticipated such eye-wateringly bad figures. The firm lost over $700m in the first quarter of 2019, one of its worst quarterly results ever.
Growth in the UK van parc has been almost doubled that of cars since the start of the century as online shopping boosts retailers fortunes, Society of Motor Manufacturers and Traders (SMMT) research has found.
Car retailers must elevate their customer service offering as sales of premium cars surge, according to AX.
The Society of Motor Manufacturers and Traders (SMMT) has stated that a new period of Brexit limbo has not ended the “havoc” for automotive sector as it revealed that UK vehicle production had fallen by 15.9% in Q1.
Electric vehicle (EV) sales rose by 85% across Europe as the region suffered its seventh consecutive month of declining car sales.
Perrys Motor Sales has said that its launch of the new Perrys Leasing service has come in response to the “seismic shift of millennials preferring to rent rather than buy products and services”.
Auto Trader's monthly Retail Price Index report has revealed that March’s 2.3% growth in used car values represented the sector’s slowest growth since August 2017.
Used values of supermini and city cars were “hit hard” during April, according to Cap HPI, which saw an accumulated monthly drop of 2.3% at the three-year and 60,000-mile point.
PPI continued to account for the vast majority of complaints received by the Financial Conduct Authority (FCA) as the overall number of consumers demanding redress declined by 5% in the second half of 2018.
Despite the delay to Brexit and a broadly flat Q1 for private registrations (down 0.8%), UK customers are continuing to buy cars.
Plummeting Ford Mondeo and Fiesta registrations drag Ford below 10% market share for first time since 1911
Direct Line has teamed up with Thatcham Research, DG Cities and the Women’s Engineering Society to deliver a view of the car workshop of the future in a bid to attract an new generation of technician talent.
Long lead times for new cars are causing a boom in medium-term rental, as PCH customers need vehicles to keep mobile.
The rise of personal leasing has been blamed for a rise in the volume of sub-standard repair work seen on used cars by remarketing operations, according to the Vehicle Remarketing Association (VRA).
The used car market in March was a story of two halves and market sentiment would appear to suggest that the retail consumers were more fickle than they have been for some time, according to Cazana director of valuations Rupert Pontin.
Suzuki GB has celebrated its success in the annual JD Power customer service satisfaction survey by praising “brilliant, bespoke customer service” of its high-performing retail network.
The UK’s 34.9 million car parc emits 17.8% less CO2 than a decade ago, despite claims that the ‘demonisation of diesel’ would trigger a rise in environment-harming emissions.
A growing list of manufacturers and potential market disrupters have booked places at the AM Automotive Retail Congress to learn about the new and developing retail landscape.
Dealer service departments are not communicating with customers in the ways they expects, according to the latest JD Power Customer Service Index (CSI).
Nissan’s Leaf electric vehicle (EV) was the fastest-selling used car on Auto Trader during March, according to the online marketing platform’s latest market data.
