August proved to be a challenging month for car sales as the number of handovers fell by 33%, according to iTrackLeads.
Suggestions that the UK’s used cars vales are in steep decline are on the verge of a crash have been slammed as “sensationalist speculation” by Auto Trader.
Car manufacturers’ supply issues are proving 'as damaging as COVID-19' to European car sales, according to Jato Dynamics.
Nearly half (47%) of motorists planning to buy a new car in the next year would be prepared to pay more to avoid lengthy lead times, according to research.
The average cost of a used van or LCV sold in BCA's auctions during July was £10,220, a 4.2% rise month on month, as used car costs rose by 2.9% to £9,464.
The Lexus LFA has emerged as the most searched-for 'rare' car, in a study by confused.com.
Stellantis will pause production of its Peugeot SUVs and Opel models destined for mainland Europe as semiconductor shortages continue to impact production, it has been reported.
A growing divide in the used car sector is seeing values decline among older vehicles in poorer condition as retailers remain ‘laser focussed’ on fast selling stock, BCA has said.
Car retailers are having to “work harder” to maintain sales as consumer demand begins to falter, Cap HPI has reported.
The new Prime Minister will put jobs and economic growth at risk unless fast, focussed action is taken to mitigate against soaring costs in the manufacturing sector, the Society of Motor Manufacturers and Traders (SMMT) has said.
The vast majority of consumers do not factor in the new car plate change as part of their buying decision, according to a new poll by Motorpoint.
The price of electricity has become the main reason for buyers to decide against buying a new electric car, according to Riverdale Leasing.
Suzuki GB director of automobile believes that a hybrid vehicle supply model might make the most sense for the UK’s car retail sector when the current manufacturing crisis eventually subsides.
Supply chain issues causing delays for new car deliveries are causing greater reputational damage to franchised car retailers than their manufacturer partners, a car buyer survey has revealed.
Car retailers will need to help focus on electric vehicle (EV) solutions for fleet operators ahead of an expected surge in sales opportunities for zero-emission cars.
Subaru delivered a shock by surging to a second-placed ranking in Dealer Auction’s Retail Margin Monitor.
Car retail businesses have been told to focus on gross profit and cutting expenditure as a period of ‘stagflation’ is ushered in by sustained inflation and rising unemployment.
Holidays in the sun are being prioritised above car purchases ahead of a tough winter which is expected to see the UK slide into recession amid ongoing inflation, Cap HPI's Derren Martin has suggested.
Older vehicles are creating problems with service history, preparation and breakdowns, as 86% of dealers express issues.
Used Land Rover Defender models are the most desired at auction, according to Aston Barclay’s desirability index.
