Carwow has created a guide to help its car dealer partners and their customers understand the implications of the forthcoming shift to the EU’s new WLTP emissions testing regime.
A 5.2% uplift in UK car manufacturing outputs during April was not enough to arrest a double-digit decline in supply for the domestic market since the start of the year, the SMMT has reported.
Nottingham residents are the least open to the idea of EVs, despite suggestions that a generally more open-minded approach in prominent university cities suggests “a link between high levels of education and a willingness to adopt”.
Franchised car dealers delivered an aftersales bounce-back to end Q1 following a slump in in the last quarter of 2017, according to autoVHC.
The National Association of Motor Auctions has reported that average used car prices at auction rose by 5% during April as “good wholesale prices led to well-stocked forecourts”.
Diesel was the fastest-selling fuel type during April as the Mitsubishi Outlander topped Auto Trader’s monthly list of successful sellers during April.
Many business advisors and leading automotive consultancy firms have fundamentally misguided thousands of car dealerships across the UK, with regards to GDPR.
The UK was once again able to contribute to new car registrations growth in the European market as the region saw volumes rise by 9% overall.
Diesel-powered used cars have risen 5% in value on Auto Trader during April, despite the proportion of online searches for diesel falling to an record low.
Speculation that Michael Gove will ban the sale of some new hybrid cars is creating unnecessary confusion in the industry and among consumers, says Colliers International’s Automotive Viewpoint report.
Used car prices declined 0.8% at BCA auctions during April despite demand for dealer part-exchanges sending their values to above £5,000 for the first time.
Cox Automotive has indicated that the used car market remains “strong” against the backdrop of falling new car registrations.
A reduction in the number of older used cars being bought from dealerships across the UK has been blamed for a 4.8% decline in sales during Q1 of 2018.
PCP car finance offers continued to dominate the sector in April with a 21% increase in volumes over the same period in 2017, enquiryMAX has revealed.
The number of used car buyers saddled with outstanding finance on their new vehicle rose from one-in-four to one-in-three during 2017, claims HPI.
A study of dealer sales has shown that an effective customer contact strategy could increase customer retention rates, despite a falling market.
Dealer part exchanges saw a “healthy rise in prices” on the back of strong consumer demand and restricted supplies of older used cars caused by industry scrappage deals, according to Aston Barclay.
Private new car registrations were April’s highlight as the new car market starts to show signs of “balance” but diesel car prices have faltered in the used car sector, according to Cazana.
A third of drivers have postponed a new car purchase due to economic uncertainly, yet 82% are planning to purchase a new vehicle within the next three years.
Solid-state batteries are expected to be a game-changer for the growth of the electric vehicle (EV) market.
