Despite headwinds, Robert Forrester told BBC Radio 4 Today over Christmas, new car order take remains “pretty good” and used car demand levels are matching late 2021 levels. “Staggering” used...

RETAILERS WARNED ABOUT ‘SLAPDASH’ DATA PROTECTION SOPER BMW INSTALLS UK’S FASTEST EV CHARGERS NEWGATE TO DISTRIBUTE MULLEN EV IN UK AND IRELAND MOTORISTS WARNED PCP RATES ARE ROCKETING AUTO...

Consumer confidence is beginning to hit dealership footfall and vehicle sales, and while the cost of living increase is clearly a component of that, the continuing negative headlines in the media also...

Consumer demand for electric cars is growing massively. In 2021 pure battery electric vehicles accounted for 11.6% of the market, with more than 190,000 registrations. This was not far behind cars...

Against a backdrop of increasing competition, with some buyers willing to buy nationally, an ever better informed customer, new FCA rules and of course the pandemic, the last year has been both...

PCPs can offer a boost for new and used markets in times of uncertainty Personal Contract Plans, or PCPs, have increased in popularity in recent years and, bearing in mind these unprecedented and...

An 89% fall in new car registrations in May is no surprise given that retailers’ doors were closed throughout the month, and they were only latterly allowed to begin sales using click and collect...

The FCA has issued draft temporary guidance for finance firms who have customers facing temporary payment difficulties on motor finance products. The guidance sets out the FCA’s expectation that...

With nearly two years under its belt in the UK automotive finance sector, BNP Paribas is aiming to take on the established players thanks to new systems coupled to global knowledge. “Our ambition is...

As we look ahead into the prospects for 2020 and beyond for the dealers, the near-term economic environment has got no clearer ahead of the UK General Election on 12 December. Never have the manifesto...

Peugeot is aiming to keep sales figures for the new 208 at the same 18,000 level as the outgoing car, with the brand saying it is not planning to ‘force’ the new car. UK managing director David...

Do new car PCPs need to be investigated by the FCA? Probably not. Will they be investigated by the FCA? Maybe. There’s been rising chatter about buying (and selling) cars on PCP agreements for a few...

Full year results for 2018 for those listed dealers with December year ends (Pendragon, Lookers and Marshall Motor Holdings), displayed several common market themes that have influenced each of the...

Following its decision to withdraw its appeal following the decision of the European Court of Justice in HMRC versus Mercedes Benz Financial Services in October 2017, HMRC has published advice to the...

At 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...

Citroen’s new managing director Karl Howkins is aiming to reverse the falling fortunes of the brand’s network through increased sales, better profitability and improved customer experience. Mr...

Despite April and May bringing an upturn in year-on-year new-car registrations, the trading environment remains difficult and SMMT predictions for 2018/19 still forecast a reduction over 2017’s...

A study of data from over 700 dealers, comparing figures in May this year with those from a year ago, highlights that overall enquiries jumped 20% with online leads continuing to show strong growth of...

Retailers have an opportunity to significantly boost their used car sales this year as a result of record volumes of stock entering the marketplace over the coming months. According to Jonathan...

As we went through the course of 2017 we knew that the financial results for the month of December would come under pressure and this has undoubtedly been proved to be the case. The average UK motor...