More consumers than ever are configuring BEVs on online platforms, but are being put off from buying a new vehicle by the high price. So says John Veichmanis, CEO of Carwow, adding: “On the new car...
Read moreThe last 12 months have proven to be a somewhat unexpectedly difficult period for the UK automotive sector as the economy has struggled to perform as expected and the retail consumer faced significant...
Read moreAs 2023 begins to draw to a close, the used car market finds itself in a complex and somewhat uncomfortable position. Despite the latest drop in the inflation rate, retail demand has dwindled in...
Read moreUsed EV values could fall by a further 5-10% in the next few months, the latest Vehicle Remarketing Association (VRA) member meeting was told. Giving a presentation on market trends for different fuel...
Read moreFor some years there has been a growing concern over the volume of new cars being sold on PCP finance agreements on the basis that a large volume of cars would need to come back to the used car market...
Read moreMuch has been said in recent months in relation to the state of the new and used car markets across the globe, and there has been specific reference to difficulties in new car manufacturing. As the...
Read moreThe world continues to negotiate its way through what should be the definitive stages of the Covid-19 pandemic and the UK finds itself in a remarkably positive position both medically and...
Read moreAs the UK and the rest of the world continues to battle with the fall out of the interruption of Covid-19, it is fair to say that the automotive industry has been through an immense journey during the...
Read moreNFDA ISSUES ONLINE SALES CAR DELIVERY GUIDANCE CORONAVIRUS LARGE BUSINESS LOANS LAUNCH TODAY POST-LOCKDOWN STOCK WARNING DICK LOVETT, PREMIER CAR SUPERMARKET PLANS CORONAVIRUS: AUTO INDUSTRY...
Read moreUsed hybrids and newer electric vehicles experienced stronger residual values in 2019, while diesels were more stable than petrol equivalents according to market analyst Cazana. The firm’s data...
Read moreThe automotive industry as whole is continuing to cope with the challenges presented and despite the negative sentiment expressed in the national press, buyers for both new and used cars remain active...
Read moreThe evolution of the automotive industry in recent years has seen the diversification of many of the traditional stereotypes. Traditional market sectors have been partly cast aside and drivers have...
Read moreTwenty-five years ago the premium upper medium sector was a reasonably small and select environs that consisted of just three key models vying for business from the executive company car driver. It...
Read moreLast quarter I looked at the changes in the shape and profile of the premium SUV sector which proved to be a robust and profitable used car market that demonstrated surprisingly good residual values...
Read moreWith private registrations more or less flat in June, a fall in fleet registrations of 6.4% saw the market overall down by 3.5% in the month, leaving year to date registrations down 6.3%. Commentators...
Read moreThe premium SUV sector dates back to the launch of the Range Rover in 1970 and has developed into one of the most interesting and vibrant sectors in the worldwide market. Here in the UK, the Range...
Read more“We live in a world of monthly. Some 71% of people say monthly is the most important factor; for more than half of buyers, the cost of the car is the monthly price.” This was a key message from...
Read moreWith the explosion of new cars hitting niche segments in recent years the industry has faced a change in both consumer and wholesale demand as the landscape has changed based on retail demand for more...
Read moreThe full year new car registration figures for 2016 painted a very healthy picture of the industry when they were released in early January 2017. After a year of quite remarkable world events and...
Read moreThe full year new car registration figures for 2016 painted a very healthy picture of the industry when they were released in early January 2017. After a year of quite remarkable world events and...
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