Retail new car demand for EVs is not yet at a level where the industry will hit the government’s proposed 22% ZEV Mandate target for 2024, according to new research for sister publication Auto...
Read moreRETAIL EV DEMAND NOT HIGH ENOUGH FOR 22% TARGET PENDRAGON SHAREHOLDER REVOLT MARSHALL LOSES ANOTHER DIRECTOR VERTU OPENS NEW SITE IN OLD CAZOO RETAILER NEW VOLKSWAGEN UK HEAD OF NETWORK SALES FORD...
Read moreAnother surge in fleet registrations saw the UK new car market grow 16.7% in May compared with the same month last year, but retail registrations were down yet again this year, falling 0.5%. And that...
Read moreNobody relishes a dawn raid. The impact on law-abiding professionals of being taken to a police station for questioning can be enormous. Radius Law director Iain Larkins knows the impact: he was there...
Read moreWhile most of the headlines will inevitably focus on a ninth consecutive month of registrations growth, the garden is not so rosy in the retail end of the market. Struggling to keep ahead of last...
Read moreThe government’s plan to extend a car’s first MOT from three to four years has seen some interesting pushback from the motor industry. Under the current arrangement, more than 300,000 vehicles...
Read moreNew car registrations jumped 18.2% in March compared with the same month in 2022, but the picture of the first quarter remains one where the bulk of the growth is in fleet, with private registrations...
Read moreUK new vehicle registrations surged ahead in February, rising 26.2% compared with the same month in 2022. But the vast bulk of the growth came in the fleet market, up 46.2%, while retail registrations...
Read morePrivate new car registrations have started 2023 as they ended 2022, with another fall as the OEMs continue to prioritise fleet over retail. Private registrations finished the month down 4.3% on...
Read moreDecember saw battery electric vehicles claim their largest ever monthly market share, of 32.9%, while for 2022 as a whole they comprised 16.6% of registrations, surpassing diesel for the first time to...
Read moreThe story of new car registrations in 2022 is a tale of what might have been, with supply constraints leaving increased consumer demand unsatisfied. Heading into the new year, while supply chains are...
Read moreAs a business that works with around 2,500 motor retailers every month, and will fund around 11% of all used cars, motorcycles and vans financed this year in the UK, we understand the used car...
Read moreRetail registrations rose 2.7% in November compared with the same month last year, but the market has fleet to thank for its surge, with fleet registrations growing 45.4%. The result is that the...
Read moreCAZOO FORMER CFO CASHES OUT USED CAR MARKET ‘RECESSION-PROOF’ AGENCY AND USED CARS: ‘FEW BENEFITS, HIGH RISKS’ VOLKSWAGEN CREATES NEW SALES ROLES AS AGENCY ACCELERATES AUTO RETAIL PROFIT...
Read moreIn a strange set of October registrations figures, the continuation of September’s prioritisation of fleet by the OEMs was the least of the surprises. Perhaps more so was the strength of the...
Read moreSeptember saw a fall in retail registrations as the OEMs seemingly moved to address growing demand from the fleet sector. The result was that while fleet registrations increased 12.5% to 101,760...
Read moreA slight easing of new car supplies combined with the continued focus from the OEMs on the retail market saw private new car registrations increase 3.2% in August compared with the same month last...
Read moreLIZ TRUSS TO SEEK ECONOMIC ADVICE JLR TO HALT PRODUCTION AUTO RETAIL LIVE ON RECESSION BUICK RETAILER BUYOUTS TESLA SEEKS TO OVERTURN DIRECT SALES BAN STOCKWATCH COMING UP: SMMT August new car...
Read moreAfter last month’s fall, retail registrations for July stabilised in comparison with the same month last year, with 59,847 vehicles registered. While only seven more than in July 2021, which was...
Read moreRetail registrations were hit hard in June, down 21.7% compared with the same month last year. And that seems not to have been due to any rebalancing in favour of fleet, which was itself down 27.6%....
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