With the 2022 reporting season now well underway, it’s apparent that only the most proactive profit- and efficiency-focused groups can match the 2021 results which had a built-in non-recurring stock...
Read moreDespite the emergence of specialist online used car buying services, some of which have invested heavily to become household names, most owners would rather trade-in their vehicles with retailers when...
Read moreDespite the massive investments made by car makers and franchised dealers to nurture brand loyalty, the starting point for most buyers using car search websites is price. Our latest Consumer Insight...
Read moreThe average price of a used car dipped for the sixth month in a row in July as dealers sold cars faster, albeit from smaller inventories, according to the latest eBay Motors Group Market View. Prices...
Read moreThe average price of a used car advertised by retailers increased modestly in September to an average of £13,096, from £13,001 in August, according to the Auto Trader Retail Price Index. Stripping...
Read moreA new market that fell 5% in 2017 and challenging conditions going into 2018 do not seem to have seen much of a relaxing in manufacturer targets, with 95% of retailers citing new car sales as a...
Read more2016 was a record year for car sales in the UK, with almost 2.7m new cars sold a truly a remarkable result. But I wonder at what cost? Already, the SMMT are predicting a drop in new sales this year...
Read moreLast month a German consultancy asked us for a detailed breakdown of the suppliers to the UK market for servicing and repairs. They wanted to know about independent garage workshops, fast-fits, tyre...
Read moreHyundai has concluded the Rockar venture has proved that online new car sales dont work without retail premises. However, it has also found that to attract a broader spectrum of new car buyer,...
Read moreIf automotive retailers are not showing the monthly PCP price of their stock digitally then they are missing an opportunity. The finance office needs to be online. So says Shaun Harris, sales director...
Read moreThe pace of decline in used values is accelerating with prices sliding 1.9% in May. The trend follows an established seasonal pattern that sees firm values in the first quarter of the year and a...
Read moreThe provenance check market has long been in need of more competition, agree dealer groups, manufacturers and others, who have welcomed the launch by RAC of its own branded product. More than 200...
Read moreCap Black Book is predicting 2016 will be a challenging year in the used car marketplace, as volumes continue to rise thanks to record levels of new car registration. Stability in the market will rest...
Read moreThe growing use of pre-registrations has yet to feed any significant impact into auction values or volumes. It seems that a combination of self-generated franchise dealer activity has been able to...
Read moreFigures published in the 2015 BCA Used Car Market Report highlight used car sales of 7.2 million units last year, slightly below 2013s 7.4 million but still comfortably at pre-recession levels....
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