Used car dealers’ efforts to “buy up as much stock as physically possible” saw January buck an eight-year trend of declining January values with a 0.6% increase, Cap HPI data has indicated.
The National Franchised Dealers Association (NFDA) has called on the Driver and Vehicle Agency (DVA) to allow franchised car dealers to carry out MoT tests as part of a reform of testing legislation in Northern Ireland.
Pendragon has claimed that its performance “improved significantly” during the second half of 2019, as it carried out the closure of 22 of its nationwide Car Store used car dealership sites.
A manufacturer-led rush to clear their stocks of vehicles with high CO2 emissions levels contributed to a 21% increase in new car registrations across Europe in December, JATO Dynamics has claimed.
The Finance and Leasing Association (FLA) has said that the used car finance market looks poised to deliver “record levels of new business” in 2019 as it revealed its results for November.
Auto Trader’s fastest selling used car of 2019 – the Renault ZOE electric vehicle (EV) – has retained its status as the platform’s most desirable vehicle in the first month of 2020.
An increase of 167% in the number of used electric vehicles (EV) entering the UK market in December failed to meet consumer demand, according to Auto Trader – with values remaining high.
UK motorists realised their love of SUVs last year as the segment led Indicata’s monthly fastest-selling cars rankings for nine out of 12 months.
The Mercedes-Benz A-Class attracted more enquiries from leasing customers than any other vehicle during 2019, according to data compiled by Leasing.com.
The National Association of Motor Auctions’ (NAMA) monthly market attitude survey has indicated that many remarketing specialists anticipate a rise in the value of used hybrid vehicles during January.
Government’s decision to double its funding of residential, on-street electric vehicle (EV) charge points to £10 million next year has been hailed as “a positive move” by the NFDA.
BCA sold more used cars through its auctions in a single January week than at any other time in its history as it got off to a strong start in 2020.
The average value of a used car offered for sale at BCA’s auctions declined by 1.2% during December, but maintained the month’s fourth highest value on record.
This year, 2020, is essentially ‘Year Zero’ for EVs in Europe and many expect to see a rapid increase in electric vehicle (EV) production from here on in.
Car dealers suffered a loss of £11,000 in November to all-but ensure the sector's average business incurred losses for the whole of 2019, ASE has reported.
The Leven Car Company has entered administration, with dealership staff reportedly turned away from retail sites this morning.
Oxford City Council and Oxfordshire County Council have detailed plans for the UK’s first Zero Emissions Zone (ZEZ) in final draft proposals to help improve the city’s air quality.
Mercedes-Benz has been revealed as the UK’s most trusted car brand, beating rival Audi to the top spot in CarGuru’s Car Buyer Trust Index.
Sony has unveiled what has been described as “a great secret” in the form of its Vision-S electric vehicle (EV) launched at the Consumer Electronic Show (CES) this week.
Hyundai has mapped out its strategy to become “a game changer capable of setting the rules of the market” as it prepares to follow a year of consolidation with an “intense period of product launches”.
