The UK’s fastest selling used car in October has been revealed, by Indicata, as the Ford Kuga.
Hyundai’s Tucson SUV has emerged as Auto Trader’s fastest selling car for October after the 2015 diesel manual variant took an average of just 19 days to leave car dealer’s forecourts.
Car retailers will need to work harder to explain the jargon of automotive finance after a survey revealed just one-in-10 of car buyers understand common industry terminology.
A survey conducted by NextGear Capital and Cox Automotive has revealed that more than half of used car retailers use a stock funding facility to fill their forcecourts.
When it is never plugged in – but an end to the grant and a dent in PHEVs’ reputation may come too late to save diesel
The growth in used car retail prices reached its lowest point since August 2017 as online enquiries reflected a surge in interest in electric vehicles (EVs) and hybrid vehicles, according to the Auto Trader Retail Price Index.
The European car market continued to decline in October 2018, as 1.12 million vehicles were registered during the month, down 7.1% on the same time last year.
Cambria Automobiles has recorded a 2.2% decline in revenues and 19.7% drop in profit before tax as an overhaul of its franchise representation led to “significant disruption” in its financial year to August 31.
Renault’s board of directors have handed Carlos Ghosn's leadership powers to chief operating officer Thierry Bolloré and requested that Alliance partner Nissan discloses “all information” related to financial misconduct investigation.
French Finance Minister Bruno Le Maire has said that Nissan chairman Carlos Ghosn is “no longer capable of leading” fellow Alliance manufacturer Renault in light of his arrest amid allegations of financial misconduct.
A decline in long-term car ownership triggered by PCP and PCH finance offers is driving the swifter return of motorists to the UK’s car dealerships, an AA Populus survey has revealed.
The British Independent Motor Trade Association (BIMTA) has claimed that as trend towards rising wholesale used car values has been compounded by the UK market’s biggest vehicle export drive in more than 20 years.
Startline Motor Finance has warned that an uplift in used vehicle prices prompted by WLTP-sparked new car shortages “will not resolve quickly”.
BuyaCar.co.uk has hailed the simplicity, fairness and transparency of online retail as the key to its 53% used car sales growth in Q3 2018.
Car buyers in the US believe that 80% of the vehicles travelling on their roads will be electric (EVs) as soon as 2025, a survey published by Assurant has revealed.
Millennials are the most likely car buying age group to have their purchase effected by the uncertainty surrounding Brexit, with many opting for cheaper used cars
Car sharing marketplace Turo claims to have launched the “Airbnb of cars” in the UK and claims it will help UK car owners earn more than £6,000 a year from their idle vehicles.
A choking of new vehicle supply to dealers’ showrooms triggered by the September introduction of WLTP will continue to drive a buoyant used car market into 2019, according to Cazana.
BCA has attributed a 1% slip in used car values during October to a shift in model mix amid increased volumes of ex-fleet and dealer part-exchange vehicles at auction during the month.
The Finance and Leasing Association’s (FLA) latest published figures showed that consumer car finance business volumes declined by 16% at the point of sale during September.
