Well over half a million new cars were registered in March 2017, setting a new record, as dealers delivered new vehicles ahead of the punitive new VED regime
Profits at Porsche soared to record levels to realise operating profits of £3.4 billion as a fall in sales and the dieselgate fallout saw its Volkswagen’s results falter in 2017 – falling 2ppts to £1.7 billion.
Demand for new cars in February suffered a 0.3% decline year-on-year to 83,115 registrations.
March is set to "dominate" 2017 in new car sales terms as a growing trend for record monthly sales comes to a head, according to analysis by automotive data experts Cap HPI.
Vertu Motors has said that it has “considerable firepower for growth” heading into a new year which presents the threat of lower new car volumes and rising operating costs.
Car sales across the European Union will grow by at least 2.8% in 2017.
Pendragon has set out a plan to double its used car revenues in 2017 after new car turnover declined 1.4% in 2016 – despite a 1.9% overall rise in revenue to £4.54 billion.
The UK new car market achieved a 12-year high in January, with a 2.9% uplift in registrations. Private registrations were up 5%.
Hyundai has “ventured into the unknown” with its new Click and Collect online sales platform, but 30 sales in the first three weeks suggest customers will embrace the concept.
Ford, Vauxhall and Volkswagen have all lost market share in a record registrations year
Carwow has revealed that pre-registered cars can cost customers an extra £1,500 when compared to the brand new equivalent with the results of recent research.
A surge in second hand car sales has been indicated by a 300% pro rata rise in sales via the Wizzle online marketplace, the business’ creator has claimed.
April’s road-tax changes remain a mystery to most dealership customers, according to a survey conducted by Carbuyer.
Lamborghini has recognised HR Owen’s London showroom as the most successful in its global network and the group’s trio of dealerships as the best in its business.
UK automotive executives expect that more than half of today’s car owners will not want to own a car in less than a decade - but 85% are unfazed by the prospect.
Hyundai has officially launched its own Click To Buy online new car selling platform with the promise of a haggle-free, fixed price service and home deliveries.
The UK’s new car market closed with 2,692,786 registrations in 2016, the largest market on record.
Cambria Automobiles plc has “maintained its momentum” following a strong showing in the last financial year, according to a statement issued ahead of the group’s AGM.
Positive growth in the European automotive industry during 2016 has been hailed as “a remarkable feat” by JATO Dynamics analysts.
MG Motor UK has thanked dealers in playing their part in making the GS SUV the fastest-selling MG model of the brand’s “modern era”.
