The average price of a used car offered for sale on Auto Trader declined by 1% during August as interest in electric and hybrid cars grew, the online retail platform has revealed.
Motorists aged between 18 and 36 are “most likely” to buy an autonomous car, but cannot correctly define what autonomous means, according to research.
Used car prices reached their second-highest level on record at BCA auctions during August, with average values rising by 2.4% to £9,697.
The Society of Motor Manufacturers and Traders has claimed that a ‘no-deal’ Brexit will undermine the automotive sector’s ability to operate and “cannot be an option”.
Jaguar Land Rover will move around 2,000 of its manufacturing staff onto a three-day week as it battles against the headwinds of anti-diesel sentiment and Brexit.
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.
Lawyers who led large-scale PPI mis-selling claims are poised to turn their attention on PCPs following the conclusion of the Financial Conduct Authority’s (FCA) investigation into car finance, it has been claimed.
The Vehicle Remarking Association will ask whether 2019 will be “the year of the used van” when it hosts members at Manheim’s Bruntingthorpe auction site next week.
Jaguar Land Rover chief executive Ralph Speth has warned the Government that a ‘no deal’ Brexit would cost the manufacturer £1.2bn a years – putting thousands of UK jobs at risk.
Government will sharpen its focus on AFV technology with an additional £100 million investment in low emission technology aiming to pave the way to its Road to Zero plan.
Toyota makes £430 profit every second, according to a new tool from Staveley Head.
Aston Martin has named former Coca Cola and RBS executive Penny Hughes as its new chairman ahead of an October float on the London Stock Exchange.
The Finance and Leasing Association (FLA) has reported a 6% rise in point-of-sale consumer car finance volumes in July as the value of new business rose by 11%.
Car buyers’ lack of awareness about car dealers’ obligations when selling finance products suggests a “high potential for mis-selling of F&I products”, according to Alphera Financial Services.
Sales of light commercial vehicles grew by 5% last month, according to the SMMT, but year-to-date the market is still down by 2.2%.
Car dealers reduced their July losses by almost £5,000 year-on-year to “emphasise improvements made over 2017”, ASE’s monthly profitability report has shown.
Car buyers are being lured into scams on social media offering bogus car leasing deals, according to the The British Vehicle Rental and Leasing Association (BVRLA).
Ford has refused to comment on suggestions that it is poised to cut 24,000 jobs in Europe amid plans production of its Mondeo saloon and S-Max MPV.
Car manufacturers rush to sell new cars which are not compliant with the new WLTP and RDE fuel economy and emissions legislation has created a “false economy” in which sales rose 23.1% in August.
Four-fifths of UK motorists have felt garages ‘held their cars hostage’ following a service or MOT, a new survey carried out by Fixter has revealed.
