Consumer car finance volumes fell by 2% in February according to new figures released by the Finance and Leasing Association (FLA).
New data from CarGurus has highlighted Liverpool as the cheapest place to buy a used car as it created a ranking of the most affordable and most expensive cities across the UK.
Used car prices rose by 11.2% year-on-year in February as buyers continued to compete strongly for stock despite rising volumes of vehicles entering the market, according to BCA.
The Institute of the Motor Industry (IMI) and ITN Productions have teamed-up to launch a news and current affairs-style programme.
Auto Trader has said that the findings of its latest Market Report are “good news for dealers” as 81% of car owners expressed a desire to own a car throughout the course of their lifetime.
A hybrid has taken the top spot in Auto Trader’s rankings of fastest selling cars for the first time – Toyota’s Prius topping the table in February.
March is set to "dominate" 2017 in new car sales terms as a growing trend for record monthly sales comes to a head, according to analysis by automotive data experts Cap HPI.
BMW emerged as the most trusted car manufacturer when it came to driverless car technology in a survey conducted by car tracking company Satrak.
The apprenticeship levy risks being “poor value for money” as it draws an additional £2.8 billion from private business but yields just a £640 million rise in government spending, according to a report by the Institute for Fiscal Studies.
Ford, Vauxhall and Volkswagen have all lost market share in a record registrations year
Success over the next three months is vital for dealerships and manufacturer finance offers are a key weapon in the lead-up the March plate change.
Car finance products have been highlighted as a key driver of profits as 65% of car dealers told a survey by Close Brothers Motor Finance that they expected to achieve growth in 2017.
Cap HPI has put digital services at the heart of its plans after announcing plans to bring an end to its printed editions, stating “it has outgrown the printed format”.
Record used car prices faltered as values for fleet/lease and dealer part-exchange vehicles fell during December, according to BCA’s Pulse report.
UK automotive executives expect that more than half of today’s car owners will not want to own a car in less than a decade - but 85% are unfazed by the prospect.
Positive growth in the European automotive industry during 2016 has been hailed as “a remarkable feat” by JATO Dynamics analysts.
A fifth (21%) of UK motorists have paid more for a vehicle than its true value with new drivers among the most common victims of over-pricing, according to research carried out by HPI.
Dealerweb charted a 23% sales spike on Black Friday as dealers used the day to convert existing sales and create new business.
A quarterly dealer satisfaction survey has uncovered evidence that 63% of dealerships are positive about business prospects for 2017.
A “misfiring” UK car market could see a 9% sales dip in 2017 as Britain’s renegotiations with the EU damage consumer and manufacturer confidence.
