2022 is off to a positive start, says the Society of Motor Manufacturers and Traders, which published data showing 115,087 new cars were registered in January, including 62,300 dealership sales to private buyers.
Used car buyers are less interested in fuel economy, despite rising pump prices, according to BuyaCar.
Used car stock levels and prices have remained stable in January, following a year of unprecedented growth.
Volkswagen Finance Services UK boss Mike Todd shares his thoughts on 2022's vehicle and motor finance markets.
Cox Automotive has published a prediction that new car registrations will increase by 14.1% this year.
Lookers chief executive Mark Raban has told AM that his group is poised to “try something different” following its history of growth through acquisition.
Paragon Bank’s Motor Finance managing director Julian Rance has suggested that used car values will remain robust for "three to four years" as elelctric vehicles (EV) start to dominate registrations.
Soaring energy costs could lead to increases in the price of new cars with elelctric vehicles (EV) facing a price rise 'double whammy', SMMT chief executive Mike Hawes has warned.
UK car production in 2021 fell 6.7% to only 859,575 units, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT), the worst total since 1956.
Bentley’s first-ever electric vehicle (EV) will be developed and built in the UK with the company committing to investing £2.5 billion in sustainability over the next ten years.
A decline in the availability of cars during a year hampered by COVID-19 and supply constraints has been blamed for record automotive customer complaints in 2021.
Peugeot UK has revealed that its online sales accounted for 15% of its retail car registrations in 2021 – doubling its digital traction year-on-year.
Dealers with a higher proportion of ‘satisfied’ customers are selling cars more quickly.
A share price slump has seen the value of online car retailer Cazoo halve since its August listing on the New York Stock Exchange.
Car dealers temporary rise in stock levels at 2021’s year-end is set to be a temporary trend, according to data published by Indicata.
The European Commission is proposing to extend the current Motor Vehicle Block Exemption Regulations (MVBER) until 2028, according to the IAAF.
Stoneacre Motor Group remains “well-positioned for continued expansion” after 2020/21 annual financial results detailed a near-170% rise in pre-tax profits.
The UK’s established used car retail operators will continue to dominate the sector after ramping up their breadth of services to see off new market disruptors such as Cazoo and cinch, iVendi has said.
Auto Trader claims that two thirds of all used car dealers' sales in the UK result from leads generated via its online marketplace.
More than three-quarters (76%) of in-market buyers are planning to visit a car showroom in the next three months, despite the ongoing Coronavirus risks.
