The new car market fell by 5.8% in August, but private demand remained steady to absorb the majority of losses that came from business and fleet registrations.
Pictures are flooding in on social media with all the early handovers on the first day of what will likely be the busiest month of the year.
New research from WeBuyAnyCar has revealed that 24% of motorists are unaware of the bi-annual number plate change-over for new cars.
Growing demand for green cars across Europe has been highlighted in July registrations data that prompted renewed hope for a ‘V-shaped’ COVID-19 recovery in the region.
Savings on nearly new 2020-registered cars are putting pressure on new car sales targets for September’s registration plate change.
Carwow’s new car sales for July 2020 were up 10.43% compared to the same period last year, painting an optimistic picture for dealers.
More than a quarter of PCP buyers are concerned about meeting future monthly payments on their next vehicle due to the impact of COVID-19, according to What Car?.
Car retailers’ efforts to embrace the demand pent-up among new car buyers during COVID-19 lockdown has resulted in an 11.3% rise in July’s new car registrations.
Analysis of the UK's new car sales at the half-year point discovers stable trends despite the disruption caused by the coronavirus lockdown.
The forecast for the UK new car market has been downgraded again as the government continues to ignore calls for stimulus measures specific to the automotive sector.
Electric vehicles (EV) and hybrid sales across Europe delivered a record 16.2% market share as overall car registration volumes declined by 24% as the sector emerged from COVID-19 lockdown.
Vertu Motors chief executive Robert Forrester has said that the Society of Motor Manufacturers and Traders (SMMT) June registrations data “didn’t tell the right story”, insisting that the reality was far more positive.
Car retailers in Italy will benefit from a post-COVID sales boost after the country’s government gave the green light to scrappage scheme incentives for buyers.
There is still time to register for the Automotive Management (AM) Retail Review webinar to gain insights from sector specialists from Auto Trader, BDO, Cambria Automotive and Suzuki GB.
"This is not a recovery and barely a restart," warned SMMT chief executive Mike Hawes today as its data showed 145, 377 new cars were registered in June, the first month out of lockdown for car showrooms in England and Northern Ireland.
Car dealers across the UK delivered “robust car sales” growth as the easing of Government lockdown measures unlocked their ability to trade in June.
Auto Trader says it has sent dealers a record number of new car leads since the reopening of showrooms on June 1.
New car sales across Europe were 52.3% down year-on-year in May as the easing of lockdown measures in certain regions delivered a slight improvement over April.
Almost a third of new car buyers are putting-off their next purchase as they await a Government announcement about a potential car scrappage scheme.
The Financial and Leasing Association (FLA) has revealed that the COVID-19 lockdown caused consumer car finance market to slumped by 94% by volume and value during April.
