• Nine-month cycle delivers new optimism
    • 04/05/2023
    • Posted by: Alan Feldberg
    • Category: News
    The UK new car market recorded its ninth successive month of growth in April, with an 11.6% increase to reach 132,990 registrations, according to the Society of Motor Manufacturers and Traders (SMMT). Large fleet registrations grew by a third (33.1%) to 68,537 units while deliveries to private buyers fell by -5.5% [...]
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  • Cost of living bites as car finance dips
    • 05/04/2023
    • Posted by: Alan Feldberg
    • Category: News
    New figures released by the Finance & Leasing Association (FLA) show that consumer car finance new business volumes fell in February 2023 by five per cent compared with the same month in 2022. The corresponding value of new business also fell by five per cent over the same period. In the first two months of [...]
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  • New car market approaching pre-Covid levels
    • 06/03/2023
    • Posted by: Alan Feldberg
    • Categories: Featured, News
    UK new car registrations grew by 26.2% in February as 74,441 new cars joined Britain’s roads. According to the Society of Motor Manufacturers and Traders (SMMT), this marked the seventh month of consecutive growth as easing supply chain shortages steered the market closer to pre-pandemic levels, down just 6.5% on [...]
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  • December sales rush unable to offset 2022 dip
    • 06/01/2023
    • Posted by: Alan Feldberg
    • Category: News
    The UK new car market recorded its fifth consecutive month of growth in December, with an 18.3% increase to reach 128,462 new registrations. However, the Society of Motor Manufacturers and Traders has reported that despite a strong second half to 2022 overall registrations for the year fell two per cent to 1.61 [...]
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  • Demand still strong for used cars
    • 21/11/2022
    • Posted by: Alan Feldberg
    • Categories: Featured, News
    Latest data from Auto Trader has revealed that used car prices remained stable last month. Average prices actually rose £300 from September to £17,863. Prices have now been neutral or risen for five consecutive months while on a year-on-year and like-for-like basis they are up 5.1% higher than this time last [...]
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  • Buyer demand dips by a fifth in August
    • 05/09/2022
    • Posted by: Alan Feldberg
    • Category: News
    Demand for new and used vehicles declined in August against the same month last year, according to data from lead management experts at iTrackLEADS. Overall enquiries fell 21%, the second largest fall this year. While the number of leads responded to fell by 20%, dealers worked effectively to see only a 12% fall [...]
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  • Car buyers reacting to cost of living crisis
    • 20/07/2022
    • Posted by: Alan Feldberg
    • Category: News
    New research from What Car? has found that the cost of living crisis is causing car buyers to delay their purchases, reduce their budgets and consider different makes and models from what they initially intended. It’s in-market research of 1,232 buyers who said they were in the market for a car found 36.61% have [...]
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  • EV demand drives sales rise
    • 07/03/2022
    • Posted by: Alan Feldberg
    • Category: News
    UK new car registrations rose by 15% in February as 58,994 new cars joined Britain’s roads, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). The rise of 7,682 units was in comparison with the same month in 2021, when the pandemic shut car showrooms across the [...]
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  • Buyer demand holds firm in February
    • 04/03/2022
    • Posted by: Alan Feldberg
    • Category: News
    Consumer demand continues to rise for new and used vehicles, according to the latest data from iTrackLEADS. It sampled data from 300 dealers across the country, which showed a nine per cent rise in the number of leads in February against the same month last year, while test drives increased by 128%. However, the [...]
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  • Car finance market rallies in 2021
    • 15/02/2022
    • 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 by two per cent in December compared with the same month in 2020. Throughout the year, new business volumes grew by nine per cent compared with 2020 to almost 2.1 million [...]
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