Throughout the first nine months of 2023 the most noteworthy residual value (RV) trend has been the fall in battery electric vehicle (BEV) values. Driven by an increase in used supply, BEV values have...
Read moreThe latest figures from the FLA show that the consumer car finance market reported a fall in new business volumes of 21% in September 2021 compared with the same month in 2020. In the nine months to...
Read moreUK motor retailers continued their strong performance during the month of September, delivering a profit of £168,000 on average during the month. This strong result represents an improvement of...
Read moreAccording to the latest results from the Auto Trader Retail Price Index, which is based on daily pricing analysis of circa 900,000 vehicles, price growth during September reached yet another all-time...
Read moreAnother tough month for the automotive sector saw registrations fall 34.4% compared with September 2021. Retailers report that consumer demand is strong and order books are healthy, but the chip...
Read moreLookers reported in September with its unaudited interim results for the six months ended 30 June 2021. The key points the H1 report noted were that, despite its showrooms being closed during Q1,...
Read more2020 has been a rollercoaster year for motor retailers and September definitely proved one of the highpoints. After starting the year positively before having to cope with the lockdown during March...
Read moreNew figures from the Finance and Leasing Association (FLA) show that the consumer car finance market reported growth in new business volumes of 7% in September compared with the same month in 2019....
Read moreCommentators are bemoaning the weakest ever ‘new plate’ September following a 4.4% drop in new car registrations, but the true picture is rarely as simplistic as the headlines. It should be noted...
Read moreThe headline figures for registrations in August might on the surface look disappointing, with the month finishing 5.8% down compared with 2019. But the retail element of those registrations was down...
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 moreWholesale market values reached record levels in September, as buyer demand surged after the summer holiday period. Average used car values at BCA rose by 8.7% compared to August 2019 to reach...
Read moreOff the back of September registration volumes being relatively low, large volumes of part-exchanges and fleet returns failed to materialise in the open market. However, due to an increase in...
Read moreAfter the tough profit performance for the month of August it was great to see UK motor retailers produce a comparatively healthy result for the month of September. The average retailer made a profit...
Read moreGiven that last September’s registrations plunged by more than 20% as retailers struggled to get hold of volumes of WLTP compliant vehicles, it was hoped that this September’s figures would show a...
Read moreAs soon as the impact of WLTP was understood retailer performance was always going to be down in 2018 on the level we would normally see for September. Even if the demand had been there, there simply...
Read moreRegistrations of new vehicles plunged by more than 20% in September, under what are described as exceptional circumstances as supply issues bite. In particular, new emissions regulations have been...
Read moreThe timing of a full Brexit negotiation has now been set, with Theresa May confirming that Article 50 of the Lisbon Treaty will be triggered by the end of March 2017, with the UK looking set to leave...
Read moreWhile the 66-plate change saw registrations in the UK top the two million mark, with overall growth in September of 1.6% compared with the same month in 2015, all of this came from the fleet sector,...
Read moreOne last push. Thats what they all say this time of the year. As we near the end of September, all eyes will predictably be on the sales youve managed to achieve. Against a backdrop of Brexit,...
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