The average motor retailer saw the values of red and amber work identified increase by over 22% in February 2023 compared with the same month in 2022. Identified red work rose from £214 to £262,...
Read moreIt has been a fascinating first few weeks of 2023 for the used car market, a time when the overall market has been strong, with values strengthening for many internal combustion engine cars, but with...
Read moreFebruary always represents a tough month for UK motor retailers, albeit 2021 brought about a non-traditional set of challenges. While February retained the challenge of being a short month, with a low...
Read moreIn all my working career a month has never been such a long time. Given the disruption which was to come, the end of February seems a very long time ago. And looking back to that time the first...
Read moreA second successive poor month for retail new vehicle registrations has seen the market fall way significantly in the first two months of the year. Following a fall of 13.9% in January, retail...
Read moreTraditionally February produces the largest losses for UK motor retailers and, unless we have a crash later in the year, 2019 looks like being no different. The average dealership lost £19,600 during...
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 moreThe UK new car market fell again in February, with the 80,805 new cars registered representing a 2.8% drop compared with February 2017. Private and fleet registrations were down 2.8% and 2.0%...
Read moreThe UK new car market continued its decline through January, with the 163,615 vehicles registered representing a fall of 6.3% over the same month last year. Demand fell across the board, with retail...
Read moreShare values in core UK auto retail groups held steady during February and showed none of the significant rises that we have come to expect as we move into the results reporting season. Historic...
Read moreWith many waiting until Marchs new registration plates before purchasing a vehicle, a slight drop in registrations for February was perhaps not surprising. The market fell -0.3% overall in the month...
Read moreIn profitability terms, for the average UK car dealer, February rarely has much going for it. There are fewer working days and all eyes, for both customer and dealer, are turned towards the new plate...
Read moreStrong demand drove up used values by an average of 0.4% in February, according to Cap HPI. The figure is a significant improvement on the 0.1% increase in February last year, and signals a strong...
Read moreNew car registrations continued the positive start to the year in February, growing 8.4% compared with the same month in 2015. And while fleet registrations dipped slightly, down 1.4% on February last...
Read moreFebruary is traditionally one of the quietest months of the year for new car registrations, however, the retail market remained up (marginally) on 2011. Total registrations for the month were down...
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