Motorists anticipating a PPI-style windfall from historic discretionary commission Arrangements (DCA) may have longer to wait following action last week by Barclays. The bank has filed a legal...
Read moreBARCLAYS DCA MOVE MAY DELAY COMPENSATION MORE BIG MOTORING WORLD RESIGNATIONS CONSTELLATION CLOSES CAR SUBSCRIPTION SERVICE TESLA ‘ZERO SERVICE’ PLANS VINFAST SEEKS NETWORK DEVELOPMENT MANAGER BMW...
Read moreRegistrations of new vehicles grew again in June, but the 28% rise represents a somewhat false picture given the Covid impact on 2020 figures. A more meaningful comparison is the previous decade...
Read moreThe headline figure for March registrations might be one of overall growth, with the total up 11.5% over the same month in 2020, but the retail element within that total was down by 4.1%. And the...
Read moreThe impact of the January lockdown was laid bare by the month’s figures for new car registrations, with big falls across the board compared with the same month last year. Retail registrations were...
Read moreThe publication of the December registrations figures brought full clarity to the impact of the Covid-19 pandemic on the 2020 new car market, which dropped to 1.63 million, down 29.4% on 2019. Retail...
Read moreRetail registrations rose a modest 0.4% in October, but retailers will surely have been hoping for more given that October 2019 was itself a weak month. The market wasn’t helped by the...
Read moreThe new car market fell by a further 6.7% in October, with 143,251 vehicles registered compared with 153,599 in the same month in 2018. While fleet registrations were stable, private registrations...
Read moreNew car registrations continued to fall in May, with a drop of 4.6% as 183,724 new vehicles were registered, compared with 192,649 in the same month in 2018. Private, fleet and business registrations...
Read moreJanuary saw a fifth consecutive month of decline in new car registrations, with a 2.9% rise in private sales not enough to compensate for a 3.4% fall in fleet, leaving the market down 1.6% overall....
Read moreThe continued resurgence in private registrations helped to drive a second month of growth in the new car market, with May’s increase of 10.1% coming off the back of the April rise of 26.3%, pushing...
Read moreHave you ever wondered why certain businesses, banks included, incentivise you to join them? This is because they see the ‘lifetime value’ in having you as a customer. I cannot say that I agree...
Read moreMore and more we see schemes which try to generate a good customer outcome. At Barclays we call them magic moments, where a colleague or client has gone above and beyond the call of duty. However,...
Read moreThe UK new market experienced a significant decline in April, with the 152,076 registrations representing a drop of 19.8% compared with the same month last year. And within those figures, private...
Read moreAs part of a major high street bank within the UK there is one topic of conversation which you can guarantee will be discussed pretty much every day. And thats how do we operate in a way which...
Read moreThe UK new car market achieved another record year in 2016 despite a fall in the December figures Annual registrations climbed for the fifth year in a row to reach almost 2.7 million, but the growth...
Read moreAnother monthly fall in private registrations, with November seeing 1.2% fewer than the same period last year, means year-to-date private registrations are now just 0.1% ahead of 2015. It was down to...
Read moreCommentators are acknowledging that automotive retailers need to key an eye on private registrations following yet another monthly fall, dropping 1.1% in October compared with the same month in 2015....
Read moreRetail registrations fell in May for the second month in a row, dropping by 3.0% after the fall of 2.5% in April. Overall private registrations for the year-to-date are still up on 2015, but the lead...
Read moreThe mid-month worries of a horrendous retail sales picture for April werent realised, and in the end a 2.5% drop in retail sales might actually be something of a relief, with Auto Retail Bulletin...
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