Throughout the first nine months of 2023 the most noteworthy residual value (RV) trend has been the fall in battery electric vehicle (BEV) values. Driven by an increase in used supply, BEV values have...

The summer months have been a relatively tricky period for used car retail. June and July are best described as ‘mixed’, while August saw a more consistent pattern as the market toughened up for...

Aftersales performance in July saw no great changes when compared to the rest of 2023, with the only notable drop being in absorption rates which fell to a low for the year of 41%. This drop in...

With used car supply and demand both constrained this summer, it is unsurprising that we have seen Live values plateau since May. This August, Live values have dropped by just 0.3% on average at the...

A slight easing of new car supplies combined with the continued focus from the OEMs on the retail market saw private new car registrations increase 3.2% in August compared with the same month last...

Ever since the plate change month moved to September the month of August has been quiet, with retailers and customers either thinking about holidays or looking forward to the impending new...

Ever since the switch to a twin plate-change approach, August has been a poor performing month for the UK motor retail sector. Customers, and staff, have holidays and the upcoming new registration...

Historically August has been a tough month for motor retail profitability since the registration plate change moved to twice yearly in 2001. If customers aren’t on holiday, then everyone has their...

The UK motor retail sector is used to coping with temporary shocks and market distortions. Historically we have managed choppy periods phenomenally well and I have no doubt that the current...

New car registrations surged ahead in August as retailers looked to clear stock or pre-register vehicles ahead of the 1 September changeover to the new WLTP test regime. The result was growth of 23.1%...

August new car registrations look set to end the month vastly up on the same month last year, according to industry sources. The hike is due to manufacturers pushing cars into the networks that have...

The average dealer lost just under £15,000 in August 2016, the worst result for the year. While, on a headline basis, this does not look great, the result was paradoxically better than expected....

Strong retail demand has supported used values in August with a reduction of 0.7% at the three-years and 60,000 miles, according to Cap HPI. This stable market is due to consistent performances across...

As summer finally arrived in the UK, markets seemed reluctant to spoil the mood. In a third straight month of gains, the FTSE 100 index of blue chip stocks closed 1% higher, while the more...

With new car registration volumes continuing to run at unprecedented levels the UK market could be in real danger of overheating if some are to be believed. What is certain is that despite the...

The UK new car market returned to growth in August, but the 3.3% increase was all driven by the fleet sector. Retail registrations fell by 0.2% and business registrations by over 28%. Retail...

The new car market recorded its 42nd consecutive month of growth in August  according to the latest SMMT figures. New car registrations increased 9.6% to 79,060 for the month, taking year-to-date...

The rate of UK motor trade insolvencies last month dropped marginally according to Experian. A total of 26 motor traders were deemed insolvent in August compared with 31 in the same month last year....

Job appointments grew at their slowest rate in 10 months in August, raising further questions about the strength of the UK job market, a survey suggests. The Recruitment and Employment Confederation...