-
Car ownership demand increasing among young drivers
- 12/07/2024
- Posted by: Alan Feldberg
- Category: News
New research has revealed that car ownership among 17-24-year-olds is more important than ever. According to an Auto Trader study of over 2,000 young drivers, 90% said car ownership was important to them, with independence and poor public transport among the main reasons cited. In fact, 70% of those surveyed [...] -
Used car prices fall despite rising demand
- 02/07/2024
- Posted by: Alan Feldberg
- Category: News
New data has revealed that the average price of a used car fell marginally to £16,410 in June. According to Auto Trader, customer confidence has continued to grow in the first half of the year, with demand on its platform rising 12.4% year-on-year in June alone and used cars selling on average in 29 days compared [...] -
Volume models drive used car demand
- 27/06/2024
- Posted by: Alan Feldberg
- Category: News
Demand for used cars remains high with average selling times in June three days quicker than the same month last year. This is based on analysis of about 85 million visits to the Auto Trader platform last month, which revealed consumer demand for used cars is up 13% year on year. It found that demand was [...] -
BYD drives demand in new cars
- 21/06/2024
- Posted by: Alan Feldberg
- Category: News
Auto Trader has reported strong consumer demand for new cars, with a 28.5% year-on-year increase in visits so far in June. This continues a recent trend in robust buyer activity, with visits up 22% and 21% in May and April respectively. Demand is being driven by wider choice and lower prices as a result of [...] -
UK urged not to follow EU on Chinese tariffs
- 13/06/2024
- Posted by: Alan Feldberg
- Category: News
The UK has been urged not to follow in the footsteps of the EU after the European Commission said it had ‘provisionally concluded’ to impose tariffs on electric cars imported from China. The EU has said unless a solution is found to the threat of Chinese-made EVs flooding the European market, the new tariffs [...] -
New award to celebrate inspiring women
- 03/06/2024
- Posted by: Alan Feldberg
- Category: News
To celebrate women in automotive retail Auto Trader has introduced a brand new category to its Retail Awards. The Auto Trader Woman of the Year Award will recognise inspiring women working within operational management roles in the sector. The award will also support Automotive 30% Club’s ‘Moonshot’ [...] -
Arnold Clark and Big Motoring World lead brand growth
- 28/05/2024
- Posted by: Alan Feldberg
- Category: News
New research has identified Arnold Clark and Big Motoring World as the fastest growing brands in the UK automotive retail sector in the last six months. The Salience Car Dealership Index, which measures the marketing performance of the 189 direct to consumer brands in the UK car dealership sector, reported a seven [...] -
EV variations double in a year
- 24/05/2024
- Posted by: Alan Feldberg
- Category: News
The number of different electric vehicle models on the market has nearly doubled in a year, with about 50 options for sale in the UK. Ian Plummer, commercial director at Auto Trader, revealed that there are now more than 100 EV models available around the world, with about half of that number available to the UK [...] -
Auto Trader names UK’s fastest-selling model
- 13/05/2024
- Posted by: Alan Feldberg
- Category: News
The UK’s fastest-selling car for May has been revealed. According to data published by Auto Trader, the Peugeot 208 up to one-year-old finds a buyer within 11 days of retailers making it available. Across the whole market, the average sales time for used cars is 28 days, which is still three days faster than [...] -
Used car prices return to growth
- 01/05/2024
- Posted by: Alan Feldberg
- Category: News
The used car market began the second quarter of the year on an upwards trajectory with demand, sales and prices all recording growth. According to the latest data from Auto Trader, the market recorded its first month-on-month increase in a year, up 1.1% on a like-for-like basis. However, this is still behind the [...]