Millennials are the most frequent users of Buy Now, Pay Later (BNPL) services to manage car repair, servicing, and MoT expenses, according to fintech payment specialist Bumper.
Car makers may need to take active measures to stabilise supply chains as they transition from Internal Combustion Engine (ICE) vehicles to Battery Electric Vehicles (BEVs),
Demand for new cars is on the rise, with Auto Trader reporting a nearly 7% month-on-month (MoM) increase in platform visits for August ahead of the critical September plate change approaches.
The used car market is experiencing a major shift towards hybrid vehicles, as detailed in the latest Indicata Market Watch report.
BMW led the battery electric vehicle (BEV) market for the first time in July, overtaking Tesla as overall EV registrations slowed.
Major players like Volkswagen Group and Ford are facing significant challenges to meet new European Union (EU) regulations
The number of car retailers offering electric vehicles (EV) has stayed consistent year-on-year, with the lack of growth blamed on government indecision and market instability.
Nearly nine out of 10 motorists (87%) believe it's crucial to have an independent, certified assessment of a used electric car's battery, showing how well previous owners have maintained it.
The number of people opting to travel in cars is exceeding pre-pandemic levels, according to the latest official statistics from the Department for Transport.
Cox Automotive is restating its "optimistically realistic" outlook for the used car market in 2024, warning against assuming that first-half continue to the year-end.
The new car market will face huge challenges by year-end, according to Cox Automotive which is warning that pressures could be even worse that those caused by the 2008 financial crisis and the 2020 pandemic.
Electric vehicles (EVs) offer considerable savings in service, maintenance, and repair (SMR) costs when compared to internal combustion engine (ICE) counterparts.
A staggering 96% of motorists believe that addressing the pothole crisis should be the top priority for the new Labour government, according to recent research.
Stark generational differences in ‘Car Confidence’ exist when it comes to buying and owning a vehicle, according to a Censuswide survey of 1,000 UK drivers, commissioned by The Motor Ombudsman.
Drivers of electric cars should be braced for higher ownership costs as several key incentives that have fuelled the rise in EV ownership are slated to expire next year.
Auto Trader’s latest data has revealed the fastest selling used cars in July.
The demand for used EVs ramped up in July following a 16.5% fall in prices during Q2, according to the latest Aston Barclay Market Insights report.
Businesses running electric vans could be able to share private depot charging points in the future as part of a new Government-backed initiative.
Used electric vehicle sales increased by 52.6% over Q2, leading an overall increase across all fuel types of 7.2%, according to the latest data from the SMMT.
The FCA is urging the automotive industry to provide feedback to help reduce red-tape around any overlaps with previous guidance and Consumer Duty.
