Market insight - Page 3
AFV-curious drive average sold prices, hitting new EVPR high
Latest data from Dealer Auction’s EV Performance Review shows a steady and consistent performance from alternatively fuelled vehicles (AFVs) in February, with sold prices on the rise and several high-performing models, led by the hybrid Hyundai Tucson.
Fleets most likely to use independent dealers in east of England
Fleets in the East of England are the most likely to choose independent garages over franchise dealers for service, maintenance, and repair (SMR) work, while those in Wales are the least likely, according to new data from Epyx.
Scotland’s car sales boosted by EV surge despite overall decline
Scotland’s car sales took a hit in February, but a surge in demand for battery electric vehicles (BEVs) provided a bright spot in an otherwise subdued market, according to the Scottish Motor Trade Association (SMTA).
Public support grows for reforming ZEV Mandate, finds Carwow
A new study by online car marketplace Carwow reveals that a majority of UK drivers believe the Zero Emission Vehicle (ZEV) mandate needs urgent reform with two-thirds (67%) of drivers thinking the government should ease the required EV production quotas for manufacturers.
Research shows dealership tasks need technology to preserve profitability
Unlocking 'the promise of information technology' is a key factor in improving dealer group profitability over the next five years as macro-economic factors and market competition look set to constrain growth in return on sales.