Lings Mitsubishi are celebrating the success of a new management team after matching last year’s vehicle sales figure in the space of just six months.
The retail new car market has declined for the second consecutive month.
Probably most importantly for the development of the UK passenger car market, the Bank of England looks unlikely to raise interest rates until well into 2017.
A 2.5% fall in private new car registrations in April has been offset by increased activity in the fleet and business markets.
Record new car registrations look set to continue as research shows demand for new cars is still growing.
Mazda UK has achieved the largest single month of sales in the company’s history.
March’s new car market is forecast to be a record breaker.
February’s new car market was the highest for the month in 12 years, as registrations reached 83,395 units.
THE record-breaking momentum of car registrations during 2015 has continued into the start of the year, with the SSMT confirming an 11-year high of 169,678 for January.
Blurred lines are emerging between new and used car buyers as customers become more easily influenced by running costs and finance offers, according to Motors.co.uk.
2015 was a record year for new car registrations.
The new car market returned to growth in November, after a decline in October – the first in 44 months.
Peter Watts, Motors.co.uk director of dealer insight, is offering tips for retailers over Winter season.
The new car market is still on track for a record year, despite a sales dip of 1.1% in October, according to CAP.
WhatCar? is advising its readers to buy a new car instead of a one-year old version of the same model due to competitive finance and low interest rates.
New car registration figures have fallen for the first time in 43 months. October’s figures, published this morning, show a 1.1% decline.
The European new car market increased by 9.7% in September year-on-year to 1.27 million units, led by growth in the UK, Spain and Italy.
New car registrations in the UK reached their highest-ever September total last month.
The new car market has reached a level where the industry is being damaged by such high volume being pushed into the UK.
The UK new car market recorded its 42nd consecutive month of growth in August, albeit in one of the year’s quietest months, with a 9.6% rise, SMMT data shows.
