• Grey remains car buyers’ top choice

    • 19 January 2023
    • Posted by: Alan Feldberg
    • Category: News
    Grey has remained the nation’s favourite new car colour for the fifth year in a row More than a quarter (257%) of UK buyers chose the shade in 2022, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT) It found that 415,199 grey cars were registered last year, up [...]
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  • Car sales tipped for 2023 recovery

    • 18 January 2023
    • Posted by: Alan Feldberg
    • Category: News
    New analysis is predicting that car sales in Europe could rebound slightly in 2023 According to Bloomberg Intelligence, car sales will suffer a third year of annual decline in 2022, but could recover in 2023 as supply constraints ease Gillian Davis, industry analyst (Autos), said: “European car sales climbed [...]
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  • December sales rush unable to offset 2022 dip

    • 6 January 2023
    • Posted by: Alan Feldberg
    • Category: News
    The UK new car market recorded its fifth consecutive month of growth in December, with an 183% increase to reach 128,462 new registrations However, the Society of Motor Manufacturers and Traders has reported that despite a strong second half to 2022 overall registrations for the year fell two per cent to 161 [...]
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  • Dealerships endure December dip

    • 4 January 2023
    • Posted by: Alan Feldberg
    • Category: News
    New research has found that enquiries to car dealerships fell by more than 10% in December compared to the same month in 2021 According to data from iTrackLEADS, enquiries fell by 103% in December, while test drives declined by seven per cent and sales of new and used vehicles by 13% Manufacturing delays and [...]
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  • Car finance market enjoys October uptick

    • 15 December 2022
    • Posted by: Alan Feldberg
    • Category: News
    New figures released by the Finance & Leasing Association (FLA) show that consumer car finance new business volumes grew in October 2022 by 4% compared with the same month in 2021 The corresponding value of new business increased by 9% over the same period In the 10 months to October 2022, new business [...]
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  • EV demand dips amid rising bills

    • 14 December 2022
    • Posted by: Alan Feldberg
    • Category: News
    Demand for electric vehicles is waning amid rising living costs and surging energy prices Data from Auto Trader found electric vehicles represented 27% of new car enquiries in June but has now dropped to just 19% Its Road to 2030 Report also found that year-on-year demand for used EVs is in decline for the first [...]
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  • Costs spiral for owners of older cars

    • 11 November 2022
    • Posted by: Alan Feldberg
    • Category: News
    More than half of motorists with older cars are holding on to them for longer because of the cost-of-living crisis A Motorpoint survey of 2,000 UK drivers with cars that are more than 10 years old revealed that 57% said they will keep their cars for longer to ease financial pressures However, the cost of [...]
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  • EV growth unable to offset falling sales

    • 10 November 2022
    • Posted by: Alan Feldberg
    • Categories: Featured, News
    The UK’s used car market fell for the second consecutive quarter this year, declining 122% over the three months of July to September According to the latest figures published by the Society of Motor Manufacturers and Traders (SMMT), some 1,785,447 vehicles changed hands, the first time that Q3 transactions have [...]
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  • BEV sales drive third month of growth

    • 7 November 2022
    • Posted by: Alan Feldberg
    • Categories: Featured, News
    The UK new car market recorded a third month of growth in October, with registrations rising by 264% to 134,344 units According to the latest figures from the Society of Motor Manufacturers and Traders (SMMT), the increase follows a particularly disappointing October 2021 when deliveries fell by 246% In the year [...]
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  • Cazoo reaches 100,000 milestone

    • 2 November 2022
    • Posted by: Alan Feldberg
    • Category: News
    Online car retailer Cazoo has reached the significant milestone of selling its 100,000th car since its launch in 2019 Cazoo owns and fully reconditions its cars before offering them online for either home delivery or collection in as little as 72 hours And it will buy any car directly from consumers, offering a [...]
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