Car retailers' online sales leads rose by 34% during December as the sector experienced an 8.5% rise in used cars during the final month of 2017, according to enquiryMAX.
Car retailers recorded an average loss of £19,000 in a "tough" November as the average return on sales percentage dipped to 0.97%.
The Finance and Leasing Association has claimed that the point of sale new car finance market remains “on track”, despite an 8% decline in volumes during November.
BCA recorded its fourth consecutive record month of used car prices in a monthly Pulse report which showed values had risen by £465 to £9,868 during December.
Fred Coupe Nissan is using Indicata Market Insights to help improve sales of its used cars.
Franchised car retailers face will face “a new set of trading parameters that they have not experienced for quite some time”, according to corporate finance advisors at Duff & Phelps.
Dangerous winter driving conditions doubled the amount of collisions in December, forcing Brits to purchase a new car.
SMMT new car registration forecasts from two months ago missed the mark by 1% – or almost 27,000 vehicles – a ninth consecutive month of falling sales resulted in a 5.7% decline for the whole of 2017.
A quarterly dealer attitude survey carried out by Close Brothers Motor Finance has found that 92% of dealerships are confident about market prospects for 2018.
Car buyers searched for BMW 3 Series models more than any other car on Auto Trader in 2017.
UK car dealer groups need to start seeing failure as an opportunity to learn if they are to increase profitability and customer loyalty
Driverless cars, EVs, online sales, mobility as a service – the list of challenges to UK car dealers is long, but what has really changed in 2017?
Strong demand in Europe was unable to stem the slump in UK car manufacturing during November – with outputs down 4.6% year-on-year.
A surge in the popularity of SUVs has been credited for a 5.2% rise in registrations across Europe as the sector claimed almost one-third of all new car sales during November.
A 'worrying' fall in LCV registrations is being blamed on a weaker pound and Brexit uncertainty
AM looks at some of the biggest changes and challenges facing dealers in 2018 and reveals what our online readers thought of their prospects for the year
Cox Automotive has reported "great stability" in the used car sector during the last quarter of 2017, suggesting that car supermarkets will help to drive things forwards into 2018.
Car dealers have started rethinking their lending panels as economic pressures start to spark a reduction in the number of customers meeting “prime lender criteria”.
Used car prices at BCA auctions rose to a record high for the third month in a row following a marginal 0.4% increase during November.
The Ford Kuga emerged from November as the fastest selling car on Auto Trader – taking just 20 days to leave retailers’ forecourts.
