Car retailers were unable to take advantage of a milder February on their forecourts as profitability statistics published by ASE showed a £19,600 loss during the month – matching 2018’s performance.
Strong demand for used diesel vehicles has resulted in a 5.6% increase in values during Q1 as part of an apparent resurgence in popularity, according to data published by Autorola.
The number of people taking up Apprenticeships in January were 21% down on the same month in 2017, despite showing a 15% year-on-year increase at the start of 2019.
Brexit, a global slowdown and confusion over the future of diesel vehicles have combined to create a crisis of consumer confidence which may have driven 2.4 million motorists away from a new car purchase.
The problem of vehicle clocking is one the rise with one-in-14 cars on UK roads showing “mileage discrepancies”, according to research carried out by Cap HPI.
With Brexit looming and the uncertainty of what that will mean for the industry, it’s fair to say that Q1 2019 has been like no other for UK automotive dealers.
Nearly three quarters of car owners (71%) have said they are now considering an electric vehicle (EV) as their next car, up from 25% in September 2017, according to research by Auto Trader.
A ninth consecutive month of declining car production at UK manufacturing plants should serve as “a wake-up call” for anyone who thinks the sector could survive a ‘no deal’ Brexit, the SMMT has said.
Cap HPI has reported that used car values have “softened” during March as the SUV segment defined an overall average decline of 0.9% at three years and 60,000 miles.
Used car stock levels have risen by 12% year-on-year, according to Motors.co.uk.
Tesla’s Model 3 outsold the BMW 3 Series, Audi A4 and Mercedes-Benz C-Class as it became Europe’s fastest selling electric vehicle (EV) during February.
Renault could restart its merger talks with Alliance partner Nissan ahead of a bid to acquire the FCA Group, according to reports in the Financial Times.
A YouGov survey commissioned by The Motor Ombudsman has revealed that 47% of car owners are unaware that they can extend the vehicle manufacturer’s warranty once it expires.
Pendragon has successfully appealed its £134,000 conviction for advertising an ex-rental car as having “one previous owner”.
Automotive data experts at Cap HPI have found that the owners of some small electric vehicles (EVs) could run their zero-emissions car for 12 months and make a profit when they sell it on.
The Financial Conduct Authorities (FCA) Motor Finance Review has finally arrived. The eagerly awaited and long overdue investigation into auto finance has revealed what many in the industry had predicted.
The UK's top 100 car retailers have cut 22% of debt from their business in order to avoid a “post-Brexit storm”, according to the findings of research carried out by UHY Hacker Young.
BCA’s monthly Pulse Report has revealed that the average price of a used car offered at auction rose by 3.3% year-on-year during February – a rise of £322.
Toyota and Suzuki have announced an agreement to further their plans to collaborate in new fields after resolving to pool their expertise to develop alternative fuel vehicles (AFV) and compact cars.
Younger motorists are the most likely to buy self-driving cars in the future, but the majority remain unconvinced by autonomous technology.
