GRAVELLS SEES PROFIT ALMOST DOUBLE IN 2023 DIESEL RVs SET TO RISE FORMER VERTU NON-EXEC KEN LEVER JOINS MARSTON’S MOTORPOINT U-TURN IN CUSTOMER ROW AFTER MEDIA EXPOSURE MG AND NIO THREATEN PRICE...
Read moreAlthough UK consumers have experienced significant financial pressures due to the rising cost of living, it has seemingly not dampened demand for used cars. Retail activity in the first quarter of...
Read moreWhile most of the headlines will inevitably focus on a ninth consecutive month of registrations growth, the garden is not so rosy in the retail end of the market. Struggling to keep ahead of last...
Read moreSeptember’s aftersales KPIs saw a continuation of the trend of recent months, with average invoice values increasing in most areas over the same month last year. Motor retailers saw the average...
Read moreMotor retailers saw the average value of sold red work increase to £239.88 in August, up 25% on the value of £192.34 in the same month last year. Similarly the value of sold amber work increased 26%...
Read moreIf the last few years have taught us anything, it should be there is no such thing as a typical month in the used car market. Since the start of the Covid-19 pandemic, the UK’s used car market has...
Read moreALL-STAR AUTO RETAIL EXPERTS TO DISCUSS FUTURE CHALLENGES VERTU HOLIDAY BOOST RON BROOKS WINS TOYOTA ICHIBAN AWARD – AGAIN LLOYD ACQUIRES RAYRIGG DACIA REVEALS NEW RETAILER IDENTITY NAPLETON AUTO...
Read moreOld diesel cars that will be non-compliant with the expanded ULEZ area in Greater London are still increasing in price. This despite the fact that these vehicles will now incur a daily charge. You...
Read moreThe collapse in retail registrations continued into November, driving a drop in the overall market of 1.3% compared to the same month in 2018. Retail registrations of 65,114 units represented a fall...
Read moreIn nine years, Nissan has sold one million Juke in Europe. The original B-segment crossover, in 2010 it had just two rivals. Even by 2013, it only had four competitors. By 2019, the total had risen to...
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 moreUsed cars continue to hold their value, with the average sticker price of a second-hand car increasing 2.3% in March (£12,843). However, according to the latest findings from the Auto Trader Retail...
Read moreBrexit, a global slowdown, and confusion over fuel type have caused 2.4 million drivers to think twice about buying a brand-new car. The findings from a new report published by Close Brothers Motor...
Read morePolitical and economic uncertainty are being cited as the principle causes that saw new car registrations decline by 3.4% in March. The fleet sector finished the month virtually flat (up 0.3% on March...
Read moreWe can reflect on 2018 as the year of the used car when values remained strong even when volumes rose in the market. From December, however, values have dropped and February saw the first downward...
Read more“I’d really like a (insert car model), but we can’t buy a diesel as a family car because its emissions are bad for us and it’ll drop in value like a stone.” You hear this in the showroom and...
Read moreA second consecutive month of retail growth in vehicle registrations saw overall registrations increase by 1.4% in February, with retail registrations up 4.3% and business growth of 23.4% overcoming a...
Read moreAt a time when the FLA announced the value of used cars financed by dealers at the point of sale surged 14% and that volume was up 8%, the average price of a used car reached a record £12,967 in...
Read moreThe opportunity to re-engage with more than 150,000 existing Range Rover Evoque customers with the introduction of the all-new model gives retailers “a fantastic starting point” they may not...
Read moreStrong demand supported the strongest October for used values on record. Moreover, while October was not immune to deflation, the average drop across all sectors was just 0.6%. It marks the strongest...
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