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Car registrations down again in July
- 04/08/2022
- Posted by: Alan Feldberg
- Category: News
UK new car registrations fell by nine per cent to reach 112,162 units in July, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). The result marks the fifth month of consecutive decline, although the fall is the smallest recorded this year. Ongoing global supply chain [...] -
Motor premiums to fall 6%
- 11/06/2021
- Posted by: Alan Feldberg
- Category: News
Premiums for motor insurance is expected to drop by six per cent this year, which equates to £27 per policy. The decrease is attributed to fewer miles driven during Covid-19, resulting in fewer claims, as well as the whiplash reforms which came into effect on 1 June. This is according to EY’s latest Motor [...] -
Fleets drive sales surge
- 04/06/2021
- Posted by: Alan Feldberg
- Category: News
New car registrations increased eight-fold from May 2020 to May 2021, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). It found that new car registrations in May reached 156,737 units, which is still 14.7% down on pre-pandemic May 2019. Fleet registrations grew more [...] -
Used prices rise for 53rd week
- 21/05/2021
- Posted by: Alan Feldberg
- Category: News
The growth in used car prices has accelerated since lockdown restrictions eased earlier in the month. According to Auto Trader analysis of more than 440,000 vehicles advertised, the average price of a used car increased 6.8% year-on-year on a like-for-like basis last week. This represents an increase on the 5.7% [...] -
CAPS reports another week of claims growth
- 06/05/2021
- Posted by: Alan Feldberg
- Category: News
CAPS has reported that both unique claims and supply chain transmissions are now higher than they were across the CAPS platform in the first week of November 2020. Unique claims rose nine per cent last week and are now 101% of what they were before the second lockdown, while supply chain transmissions increased by [...]