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Dealership enquiries spike on Tuesdays
- 23/04/2024
- Posted by: Alan Feldberg
- Category: News
Tuesdays are the busiest day for enquiries at dealerships, according to new research. iTrackLEADS has examined data from 400 dealerships to find that the number of enquiries was 47% higher on Tuesdays than on Fridays, while Saturdays and Sundays were the quietest days for enquiries. This reveals an evolution in [...] -
Government rules out new EV grants
- 22/04/2024
- Posted by: Alan Feldberg
- Category: News
The government has resisted industry calls to reintroduced electric car grants to boost stalling car sales among private buyers. Vehicle manufacturers and industry bodies such as the Society of Motor Manufacturers and Traders have urged the government to provide financial incentives to drive an increase in [...] -
UK car parc at highest level
- 22/04/2024
- Posted by: Alan Feldberg
- Category: News
There were more vehicles on UK roads than ever before last year, according to data produced by the Society of Motor Manufacturers and Traders (SMMT). It reported that the number of vehicles increased by 1.7% to 41,404,589 during 2023, the biggest annual growth recorded since 2016. The number of cars rose by 1.6% [...] -
Auto Trader unveils Deal Builder
- 19/04/2024
- Posted by: Alan Feldberg
- Category: News
Auto Trader has made its omnichannel solution Deal Builder available to all FCA authorised used car retailers on a trial basis. The solution enables buyers to set up and complete most of the purchasing journey online, including part-exchange and car finance, before visiting the dealership to inspect, test drive [...] -
New car sales hit 20-year high
- 06/03/2024
- Posted by: Alan Feldberg
- Category: News
New car registrations rose 14% last month to make it the best February performance for 20 years, according to the Society of Motor Manufacturers and Traders. It reported sales of 84,886 units to complete 19 months of consecutive growth. The uptick was driven by fleets and businesses, which were up 25.2% and [...] -
EU sales bounce back in 2024
- 22/02/2024
- Posted by: Alan Feldberg
- Category: News
New car registrations returned to growth in Europe in January, bouncing back from a 3.3% reduction in December. According to the European Automobile Manufacturers' Association, sales were up 12.1% year-on-year, reaching 851,690 units for the month. All major markets recorded notable growth, with Germany up 19.1), [...] -
Data reveals drop in dealership leads
- 15/02/2024
- Posted by: Alan Feldberg
- Category: News
Automotive retailers in the UK experienced an overall two per cent drop in new car sales leads during 2023, although conversion rates increased from 25% to 30%. This is according to Dealerweb, which is part of CitNOW Group. In the used car market, Dealerweb’s analysis found a five per cent rise in enquiries [...] -
NFDA optimistic for used car growth
- 09/02/2024
- Posted by: Alan Feldberg
- Category: News
The National Franchised Dealers Association (NFDA) is predicting further growth for the used car market in 2024, after new figures revealed sales growth of 5.1% last year. Sales were up 6.9% in the last quarter alone, to 1,679,116 transactions. Across the year, used battery electric vehicles sale surged by [...] -
Used car sales to seven million mark
- 08/02/2024
- Posted by: Alan Feldberg
- Category: News
The UK’s used car market grew by 5.1% to 7,242,692 transactions in 2023, according to the Society of Motor Manufacturers and Traders (SMMT). Four straight quarters of growth saw sales increase by 351,915 compared to 2022. Across the year, sales of used battery electric cars (BEV) almost doubled, rising 90.9% [...] -
EVs break the million mark
- 05/02/2024
- Posted by: Alan Feldberg
- Categories: Featured, News
The Society of Motor Manufacturers and Traders has announced that the one millionth electric car was sold in the UK in January. The new car market grew 8.2% last month, with 142,876 new cars registered. This represents an increase of 10,882 units compared to the same month last year. The 18th consecutive month [...]