During the course of 2021 we saw most motor retailers post record profits, even in historically tough months, on the back of strong retail margins, good used car volumes and controlled costs. This...
Read moreAfter eight months of price increases, we finally saw prices reduce during November. At the 3-year, 60k mile point, average values dropped by 1.2%, equivalent to a fall of £235. There are a number of...
Read moreNovember’s big uplift in registrations of private vehicles provides something of a false picture of the real retail market. The increase of 41.7% on the same month last year takes the private market...
Read moreNovember is always a loss-making month for UK motor retailers and these challenges were exacerbated in 2020 with the announcement of an England-wide lockdown at the start of the month, adding to...
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 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 moreNovember is traditionally a really tough month for UK motor retailers. This was particularly the case in 2017 when retailers posted their largest average loss to date at over £18,000 for the month....
Read moreNovember saw a further 3.0% decline in new car registrations, with 158,639 vehicles registered compared with 164,541 in the same month in 2017. That brings the year to date total to 2,223,058, 6.9%...
Read moreAs expected the average UK motor retailer had a tough November, posting a loss of £18,700 per site for the month. November is always a poor performing month as a result of being mid-quarter and with...
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 moreThe emissions scandal may be beginning to bite for VW retailers, with November registrations in the UK down by almost 20%, in the month, which saw registrations of new cars more broadly return to...
Read moreThe November new car registration numbers have been published and the critics are already having a field day with Volkswagens performance. Granted, the German firm posted a 20 percent drop compared...
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