Almost half (45%) of British consumers plan to buy a new or used car in the next two years, driven by affordability in the market.
The average household disposable income for the UK’s top 40 towns and cities has risen by £1,761 since before the recession to £14,068.
Transport for London (TfL) is preparing a consultation on creating the world’s first ultra-low emission zone (ULEZ) which would incorporate everything from motorcycles and cars to buses and HGVs.
The Confederation of British Industry(CBI) has responded to new Government guidance advocating a greater role for employers in careers advice in schools.
Property yields have strengthened across the motor trade sector to levels not seen since the height of the market in 2007, according to chartered surveyors, HSM.
Businesses are being warned that the price of motor vehicle insurance is likely to rise significantly as an unintended consequence of efforts to drive down private vehicle insurance costs.
Motorists are still worried about the cost of fuel despite the Government’s efforts to aid drivers with a freeze on fuel duty, according to data from BCA.
The number of new cars bought on finance grew 26% in February year-on-year, according to figures from the Finance & Leasing Association.
2013 saw a 0.9% year-on-year increase in used car sales, with 6,806,198 cars changing hands.
The increased availability of residual value and running cost data to consumers will contribute to improving the reputation of motor retail, it's been claimed.
The Office for National Statistics (ONS) has said the fall in petrol and diesel prices as pushed the UK inflation rate to a low of 1.7% in February.
In the second in our series of features analysing individual market sectors in conjunction with the data marketing and insight tool, What Car? Connect, we take a look at family cars.
The impending legislation regarding consumer credit agreements and GAP products should be welcomed in the motor retail sector as an opportunity to demonstrate a ‘customer first’ approach to business.
New research has revealed that more people plan to change their car this year than at any point in the past five years.
The supply of used cars into the wholesale auction market should start to pick up in the next three months.
UK car production fell slightly by 0.3% in January to 129,049 units, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT).
Around three-quarters (74%) of motor dealers are positive, or very positive, about the year ahead compared to less than half this time last year, according to Baker Tilly.
The first monthly look at used car sales and target price data with What Car?
Buyers have been warned to look out for an influx of flood-damaged cars on the used market, as drivers look to sell rather than make insurance claims.
More professional training will result in an increase of dealer principals emerging from aftersales departments, according to Institute of the Motor Industry (IMI) CEO Steve Nash.
