I wouldn’t want to be a product planner in 2024, said SMMT chief executive Mike Hawes in a new year briefing on what 2024 has in store for the UK automotive industry. The roll-out of the ZEV Mandate...
Read moreConsumer confidence has weakened and is set to continue to deteriorate further in the coming months. Consumer confidence, as rated in the GfK index, fell to an all-time low of -41 in June 2022,...
Read moreThe pandemic saw European used-car markets deliver solid profits on prices that went through the roof. As the market boomed, demand outstripped supply, with people looking for safe alternatives to...
Read moreProving the phrase ‘turnover is vanity, profit is sanity’, Honda is finally back in the black after years of losses, according to head of automobile Rebecca Adamson. The Japanese brand used to...
Read moreThe recent economic challenges and the industry headwinds have seen a dramatic change in sentiment among retailers for the coming six months. Outlook on the economy is now overwhelmingly negative,...
Read moreMarshall Motors has hit record figures for profit, revenue and gross margin in its half-year results for 2021. Marshall Motors recorded an underlying profit before tax figure of £38.4 million, even...
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 moreAs new car registrations start to plateau in the UK, the majority of the UKs motor finance brokers report that they are seeing a faster rate of growth in used car finance applications than in new...
Read moreThe current picture of healthy registration levels for new vehicles and the automotive retail PLCs issuing strong results and positive trading updates is at odds with the low share prices across the...
Read moreBlack Horse Finance managing director Richard Jones has hit out at some rival lenders that he believes have yet to comply with last years FCA changes. Speaking exclusively to Auto Retail Bulletin,...
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