car sales

Electric car surge among European motorists

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. […]

New car market enjoys two years’ of growth

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 […]

Auto Trader data reveals strong used car demand

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 […]

Carwow secures significant funding boost

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 […]

New car sales hit one million milestone

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 […]

BYD drives demand in new cars

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 reports steady sales in May

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 […]

VMs could benefit from waning EV interest

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 […]