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Kia raises the bar in Europe
- 19/07/2021
- Posted by: Alan Feldberg
- Category: News
Kia has achieved record market share in Europe this year, according to data released by the European Automobile Manufacturers’ Association (ACEA). It recorded a 3.9% market share in the first six months of the year, while at the same time Kia UK recorded its second highest sales performance. ACEA figures found [...] -
Digitalisation could add $25bn to global revenues
- 13/07/2021
- Posted by: Alan Feldberg
- Category: News
Automotive suppliers Autofutura and GForces have merged to create the Automotive Transformation Group. The new group has been created to streamline the customer journey by integrating data, products, services and technology on a single platform, thereby connecting car makers, finance providers, dealers and car [...] -
Drivers favour going it alone
- 13/07/2021
- Posted by: Alan Feldberg
- Category: News
Almost two thirds of drivers want unaccompanied test drives to become standard practice. According to new research by AX, 63% are in favour of unaccompanied test drives as standard. The top reason given by seven in 10 drivers was that it would help them to concentrate on the car itself, without distraction from [...] -
MG Motor celebrates record results
- 12/07/2021
- Posted by: Alan Feldberg
- Category: News
MG Motor has sold more cars up to June 2021 than it did throughout all of 2019. This represents a 76.3% year-on-year growth in the UK in the first half of the year. It has also surpassed a 1.5% market share in five separate months, boosted largely by its EV performance – nearly a third (31.4%) of MG’s sales mix [...] -
Car finance market enjoys May boom
- 07/07/2021
- Posted by: Alan Feldberg
- Category: News
The consumer car finance market swelled an incredible 327% in May compared to the same month in 2020. This is according to figures released by the Finance & Leasing Association (FLA). It found the consumer new car finance market reported new business volumes up by 514%, while the consumer used car finance [...] -
Sales recovery slowed by semiconductor shortage
- 05/07/2021
- Posted by: Alan Feldberg
- Category: News
New car registrations grew 28% in June compared to the same month last year. According to figures from the Society of Motor Manufacturers and Traders (SMMT), 186,128 new vehicles were registered in the month. Compared with the previous decade average, however, monthly registrations were down 16.4%, while total [...] -
BCA enhances self-service options
- 01/07/2021
- Posted by: Alan Feldberg
- Category: News
BCA has launched a new suite of digital self-service tools that customers can access 24/7. The MyBCA dashboard offers customers immediate visibility of their search, bidding, buying and post-purchase activity. As well as viewing saved searches and tracked vehicles, customers can manage their active bids and see the [...] -
Car sales service launched in Scotland
- 29/06/2021
- Posted by: Alan Feldberg
- Category: News
The Peter Vardy Group has launched a new initiative to help people sell their cars privately. Its new service, GoodByeCar, enables owners to simply the sales transaction by completing most of the process online. Owners log on to the GoodByeCar website and apply for a quote. A team member will then review the car [...] -
EVs enjoy record sales with 16% market share
- 29/06/2021
- Posted by: Alan Feldberg
- Category: News
The European new car market increased 73% compared with May 2020. JATO Dynamics measured data from 26 European markets and found sales totalling 1,073,987 units, taking the year-to-date total to 5,150,831. Despite this increase, volume was 25% lower than May 2019. Felipe Munoz, global analyst, said: “The data [...] -
Dealers sold on online auctions
- 28/06/2021
- Posted by: Alan Feldberg
- Category: News
The number of dealers using online auctions has doubled since the first lockdown. According to a survey of 3,800 dealers carried out by CD Auction Group, trust and convenience of sourcing stock are key factors, as well as the enhanced imagery available with modern technology. Andy Pearce, managing director of CD [...]