Despite economic uncertainty, rising costs and business challenges, motor retailers are still looking to invest in their forecourts this year, according to Close Brothers Motor Finance’s Forecourt...
Read moreAfter a modest uplift in September, which itself followed a significant downward swing in August, retail registrations were all but flat in October, showing a rise of just 0.3% compared with the same...
Read moreThe Government’s decision to delay the petrol and diesel ban won’t have come as a surprise to retailers given that 85% of them didn’t think it would go ahead as planned anyway. That’s...
Read moreRetail registrations fell 8.1% in August compared with the same month last year (in what was a supply-constrained market), while at the same time fleet registrations surged over 58%. The result was a...
Read moreAlmost three out of four automotive retailers (73%) believe implementing measures to meet the FCA’s Consumer Duty responsibilities will create new business opportunities, according to research from...
Read moreRetail registrations increased just 0.3% in July compared with the same month in 2022, with the 60,045 vehicles registered bringing growth of just 162 units. And year-to-date retail registrations are...
Read moreSome 21% of automotive retailers have shifted their focus towards online sales, and a further one-in-six (16%) plan on following suit to make savings by reducing staff and premises costs according to...
Read moreNew car registrations jumped 18.2% in March compared with the same month in 2022, but the picture of the first quarter remains one where the bulk of the growth is in fleet, with private registrations...
Read moreUK new vehicle registrations surged ahead in February, rising 26.2% compared with the same month in 2022. But the vast bulk of the growth came in the fleet market, up 46.2%, while retail registrations...
Read moreDecember saw battery electric vehicles claim their largest ever monthly market share, of 32.9%, while for 2022 as a whole they comprised 16.6% of registrations, surpassing diesel for the first time to...
Read moreIn a strange set of October registrations figures, the continuation of September’s prioritisation of fleet by the OEMs was the least of the surprises. Perhaps more so was the strength of the...
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