-
VWG announces 27% increase in EV sales
- 18/07/2022
- Posted by: Alan Feldberg
- Categories: Featured, News
The Volkswagen Group has announced that it has increased the sale of all-electric vehicle by 27% in the first half of the year. Despite supply bottlenecks, a temporary stop of production in Europe and Covid-related lockdowns in China, 217,100 BEVs have been handed over to customers in the first six months of 2022, [...] -
EVs top fastest-selling list in June
- 04/07/2022
- Posted by: Alan Feldberg
- Categories: Featured, News
Figures from Auto Trader have revealed that electric cars were not only the fastest fuel type to sell in June, taking an average of just 27 days, compared to 33 and 35 days for used petrol and diesel cars respectively, but also made up 70% of the top fastest selling models. This is in stark contract to last June, [...] -
Rising prices means falling ownership
- 17/06/2022
- Posted by: Alan Feldberg
- Category: News
The cost of living crisis is having a negative impact on car ownership. According to MotoNovo Finance's latest Customer Insight research, the fall in car ownership reported by the SMMT comes as little surprise, with economic and social factors along with associated environmental issues driving an evolution in [...] -
Online option still lagging behind
- 09/06/2022
- Posted by: Alan Feldberg
- Category: News
Around one-in-10 buyers are considering buying their next car entirely online, according to the latest research by car buying platform What Car?. Its weekly industry research of 1,181 in-market buyers found 48.87% of respondents stated they would be comfortable buying their next car entirely online, though just [...] -
MG Motor adds four new sites
- 06/06/2022
- Posted by: Alan Feldberg
- Category: News
MG Motor UK has further strengthened its growing dealer network with the opening of four new sites across the country in the past month. The new appointments come hot on the heels of a record-breaking 2021 and more than 13,838 units registered in the first quarter of 2022, giving the brand a market share of [...] -
Vauxhall reveals online boom
- 23/05/2022
- Posted by: Alan Feldberg
- Category: News
More than one in five (21%) Vauxhalls sold via retail in March in the UK was ordered online. The result marks a record month for online sales for the manufacturer and highlights the acceleration of online automotive retail since the pandemic. The acceleration follows the development of the Vauxhall online [...] -
Response times reducing retail sales
- 18/05/2022
- Posted by: Alan Feldberg
- Category: News
The latest market data from iTrackLEADS has revealed a sharp fall in overall enquiries in April. The total number of leads fell by 18% against the same month in 2021. In a tightening market, the lead optimisation company is now advising dealers to respond to every lead as quickly as possible, with its own [...] -
Used car market enjoys strong start
- 10/05/2022
- Posted by: Alan Feldberg
- Category: News
The UK’s used car market increased 5.1% in the first quarter of 2022, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT). It found that 1,774,351 transactions took place, with 86,596 additional cars changing hands compared with the same period in 2021. Used car [...] -
UK buyers back British brands
- 27/04/2022
- Posted by: Alan Feldberg
- Categories: Featured, News
A quarter of in-market car buyers say they are more likely to buy from British brands or choose cars manufactured in Britain to support the country’s automotive sector through the difficult trading period. This is according to the latest in-market research by What Car?. With global semiconductor shortages [...] -
Car finance makes strong start to 2022
- 14/03/2022
- Posted by: Alan Feldberg
- Category: News
New figures released by the Finance & Leasing Association (FLA) show that the consumer car finance market reported new business volumes up in January 2022 by 43% compared with the same month in 2021. The corresponding value of new business increased by 60% over the same period. In the 12 months to January [...]