• Used car prices rise for 34th straight month

    • 3 February 2023
    • Posted by: Alan Feldberg
    • Category: News
    The average retail price of a used car was £18,119 in January, marking a 27% year-on-year increase on a like-for-like basis and the 34th month of consecutive price growth This is according to the Auto Trader Retail Price Index It attributes continued growth to the combination of robust consumer demand, and the [...]
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  • Used car prices to rise into 2022

    • 5 November 2021
    • Posted by: Alan Feldberg
    • Category: News
    The continued growth in the used car prices shows no signs of slowing down According to data from the Auto Trader Retail Price Index, which is based on daily pricing analysis of about900,000 vehicles, October represented the 19th consecutive month of growth It found prices increased by a record 256% on a [...]
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  • Consumer demand ramps up again

    • 4 November 2021
    • Posted by: Alan Feldberg
    • Category: News
    Auto Trader has reported that despite disruption to supply, demand for both new and used cars remains exceptionally high Ian Plummer, commercial director, said: “Supply issues continue to have an impact on new car registrations but the demand for cars – new and used – remains very strong Advert views per car [...]
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  • Raw material prices escalate

    • 3 September 2021
    • Posted by: Alan Feldberg
    • Category: News
    Global supply and demands issues are causing prices of raw materials such as stainless steel and aluminium soar This is according to BM Catalysts, UK manufacturer of catalytic converters, DPFs and front pipes, which has seen the costs of aluminised tubes rise 62% since the start of the year The manufacturer also [...]
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  • Bodyshops could feel pinch of rising paint costs

    • 13 July 2021
    • Posted by: Alan Feldberg
    • Category: News
    Paint companies are facing a sharp rise in prices for raw materials due to a shortage in supply According to the British Coatings Federation (BCF), further sharp increases are likely through the rest of 2021 Paint companies have faced higher prices for a range of critical solvents as well as resins, some [...]
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  • Vehicle supply tempers economic recovery

    • 14 June 2021
    • Posted by: Alan Feldberg
    • Category: News
    A shortage of vehicles, particularly vans, could hinder the economic recovery This is according to the BVRLA’s latest Business Impact Survey, which found widespread optimism within the leasing industry for continued growth, tempered by concerns about vehicle supply The survey found that 90% of respondents [...]
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