Aftermarket facing £1.3bn shortfall
The fall in new car volumes over the last three years is set to hit aftersales revenues significantly, according to new research. According to REALtime Communications, the net result is […]
The fall in new car volumes over the last three years is set to hit aftersales revenues significantly, according to new research. According to REALtime Communications, the net result is […]
Cazoo has announced that it has agreed to acquire brumbrum, Italy’s leading digital car retailer and subscription platform for €80m in a mix of cash and shares. Following its recent […]
Fears over the future residual values of internal combustion engine (ICE) cars and vans are driving electric vehicle fleet adoption. FleetCheck director Andy Kirby said that worries were being expressed […]
A new study has revealed growing consumer demand in December. The data compiled by lead management specialists at iTrackLEADS compared sales activity in December 2021 against the same month in […]
Volvo Car UK has reported growth in both new car sales volume and market share in 2021. In total, 48,260 new Volvo cars were registered in the UK, an increase […]
At least 330,000 new battery electric vehicles (BEVs) will be registered in the UK in 2022. This is according to DriveElectric, one of the UK’s leading electric vehicle leasing companies. […]
The automotive retail market has remained robust despite the government’s introduction of Plan B measures. This is according to data from Auto Trader. Despite speculation of the impact further restrictions […]
Jato Dynamics has reported that the strength of the European new car market continued to deteriorate last month. In November, registrations posted the lowest level for November over the last […]
New research by Volkswagen Financial Services UK (VWFS) has found that only one in 10 families have given up their second car since March 2020, despite additional finance pressures during […]
The latest market tracker report published by Cox Automotive is predicting that used car prices may never return to pre-pandemic levels. The report found that the coronavirus pandemic has rapidly […]
New car registrations grew 1.7% in November, bringing an end to four months of consecutive decline, with 115,706 units registered compared to the same period last year. This is according to new figures released […]
Results from the Auto Trader Retail Price Index suggest the recent record growth in average used car prices shows no sign of significant easing. In fact, with an average price […]