February saw average used car sale values increase 3.6% from £18,099 to £18,742, but during the same period average gross profit per unit fell 7.6% from £1,418 to £1,311. These are some of key...

The 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...

Used car values at BCA rose for the second month running to reach £9,464 in July 2022, with performance against guide values also improving compared to June. Values improved by £268 across the board...

Wholesale 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...

It has never been more important within the automotive industry for businesses to collect, curate and analyse data to fully harness the opportunities presented. At the centre of it all, is using data...

Used cars continue to hold their value, with the average sticker price of a second-hand car increasing 2.3% in March (£12,843). However, according to the latest findings from the Auto Trader Retail...

The surge of regulatory and technical innovation is starting to shape the evolving new form of the car and mobility business, and the car dealership is the agent of change, adapting to the...

In today’s motor retailing environment, the importance of added value services has arguably never been more critical to the bottom line and meeting customer needs. I’m encouraged to see some...

Ssangyong is looking to increase its retailer network in the UK by almost 50% in the next two years, according to newly appointed managing director Nick Laird. The Korean brand is also looking to more...

The FCA is set to pay closer attention to vehicle finance – here is how to be prepared By Andy Tong PCPs – we all know that they are under scrutiny right now, but perhaps we need to clarify how we...

A diesel scrappage scheme looks ever more likely, as the government looks to meet with emissions regulations and remove older, more polluting vehicles from the UK’s roads. The last scheme proved...

The first quarter of 2017 is characterised by record volumes and strong demand. In line with industry expectations, it looks like we are on track for a record first quarter. The first three months of...

Jon Wakefield, Volvo Car UK’s managing director, is adamant that the Swedish brand will not launch its planned online sales channel until he believes it is absolutely right, with an operational start...

The 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...

Suzuki believes the new Ignis A-sector SUV, which it claims establishes a virtually unique sector niche, will help the 159-outlet franchise to consolidate its position as one of the UK’s most...

The US auto retail industry is bracing itself for some serious challenges in the used car market as a flood of vehicles come down the ex-lease pipeline over the next few years. So far, values have...

We are at the threshold of unprecedented value creation for industry and society, driven by the accelerating pace of change enabled through digital technology. And these digital technologies can...

With 2016 now in the past it is wise to reflect on the impact that the year has had to the trade as a whole. Residual value activity has been a very important part of the last 12 months and analysis...

As dealers contend with ever increasing customer expectations it’s no surprise that the issue of recruiting and retaining good employees remains high on the agenda, with 86% of respondents citing...

The automotive industry has much to celebrate in 2016. A second record year of new sales and a used car market characterised by strong fleet and consumer demand. In a benign market, used prices...