• Cars still seen as a status symbol
    • 04/08/2022
    • Posted by: Alan Feldberg
    • Category: News
    A new survey suggests that drivers still see their car as a status symbol – and this is not just restricted to older drivers. According to a survey of 2,000 UK drivers, commissioned by InsuretheGap.com, nearly a third (32%) believe it is important to have a car that is under five years old. Meanwhile, over a [...]
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  • Car sales stutter amidst supply shortages
    • 06/06/2022
    • Posted by: Alan Feldberg
    • Category: News
    New UK car registrations fell 20.6% to 124,394 units in the second weakest May since 1992 as supply shortages continue to hamper new purchases and the fulfilment of existing orders. According to the latest figures from the Society of Motor Manufacturers and Traders, the decline demonstrates the impact of continued [...]
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  • CV levels hit record high
    • 01/06/2022
    • Posted by: Alan Feldberg
    • Category: News
    The number of commercial vehicles on Britain’s roads has reached the highest level in history, according to the latest data published by the Society of Motor Manufacturers and Traders (SMMT). It found that some 5,483,319 vans, trucks, buses and coaches were recorded in operation at the end of 2021, a 4.1% [...]
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  • Used car values beginning to realign
    • 18/05/2022
    • Posted by: Alan Feldberg
    • Category: News
    Used car values averaged £8,552 at BCA in April 2022 as the used marketplace continued to level out in the face of numerous external economic pressures. Values were on a par with those seen a year ago, although the intervening 12 months have seen average values reach exceptional levels as pent up demand combined [...]
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  • Drivers favour 50 shades of grey
    • 02/02/2022
    • Posted by: Alan Feldberg
    • Category: News
    Grey remains the most popular colour of new cars sold in the UK. According to figures published by the Society of Motor Manufacturers and Traders (SMMT), 408,155 grey cars were sold last year, up 2.8% and accounting for a quarter (24.8%) of the market. Black, the most popular car paint in Britain from 2009 to [...]
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  • European car market slumps to 20-year low
    • 21/12/2021
    • Posted by: Alan Feldberg
    • Category: News
    Jato Dynamics has reported that the strength of the European new car market continued to deteriorate last month. In November, registrations posted the lowest level for November over the last three decades, with a total volume sold of 855,281 units across 25 European markets. Compared to November 2020, the total [...]
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