Double digit decline in the consumer car finance market
Figures from the Finance & Leasing Association (FLA) have revealed a double digit decline in the consumer car finance market in June compared to the same month in 2023. It […]
Figures from the Finance & Leasing Association (FLA) have revealed a double digit decline in the consumer car finance market in June compared to the same month in 2023. It […]
New data has revealed an electric car surge among European motorists. According to analysis by Eurostat, there were 1.5 million new battery electric passenger cars sold in Europe during 2023. […]
The UK new car market has grown for two consecutive years after figures from the Society of Motor Manufacturers and Traders (SMMT) revealed 2.5% growth in July. It found that […]
Average retail prices of used cars remained stable in July, according to data released by Auto Trader. The data, which is based on about 800,000 sale prices, found that models […]
Used car sales are expected to rise five per cent year-on-year in the second half of the year, with a further 350,000 transactions. According to data from Auto Trader, sales […]
AA Cars research has revealed that 18% of drivers are now in the market for a new vehicle. It says the percentage is particularly high because an improving economic landscape […]
Online used car retailer cinch has announced it will open new sites in Northampton, Birmingham, Bristol and Manchester through July and August, with more locations to follow later in the […]
The Carwow Group has announced an additional £41m in funding to accelerate growth across the UK, Germany and Spain. It has been backed by San Francisco venture capital firm Bessemer […]
More than a million new cars were sold in the UK in the first six months of the year for the first time in five years. According to the Society […]
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, […]
BCA has reported that supply and demand remained strong through May, with a reduction of £132 to £7,376 in the average price of sold vehicles. Looking at the data more […]
New data suggests that vehicle manufacturers scaling back on the production of electric vehicles due to cooling consumer demand could see their margins increase. This is according to Bloomberg Intelligence‘s […]