• Used car values slowly softening
    • 07/09/2023
    • Posted by: Alan Feldberg
    • Category: News
    Used car prices were 1.1% higher in August than the same month last year. According to the Auto Trader Retail Price Index, the average price of a used car was £17,732 last month. Although this represents only a marginal increase, it does mean used car prices have now risen for 41 consecutive months, with the [...]
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  • CV production up 68% year-to-date
    • 01/09/2023
    • Posted by: Alan Feldberg
    • Category: News
    UK commercial vehicle manufacturing output grew 9.3% in July to reach 8,853 units. According to the Society of Motor Manufacturers and Traders (SMMT), this represents the busiest July since 2015. Meanwhile, year-to-date production is up by 68% on pre-pandemic levels. Growth was driven by easing supply chain [...]
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  • Car production spikes by a third
    • 31/08/2023
    • Posted by: Alan Feldberg
    • Category: News
    UK car production surged 31.6% in July, marking the sixth consecutive month of growth. According to the Society of Motor Manufacturers and Traders (SMMT), 76,451 units rolled off factory lines in the month, with domestic output up 13.7% and exports rising by 36%. However, output remained 29.4% lower than [...]
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  • HGV registrations enjoy strong growth
    • 17/08/2023
    • Posted by: Alan Feldberg
    • Category: News
    The UK market for new heavy goods vehicles (HGVs) grew by 17.2% to 11,174 units in the second quarter of 2023, the fifth consecutive quarter of growth. This is according to the latest figures published by the Society of Motor Manufacturers and Traders. Growth was driven primarily by registrations of articulated [...]
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  • Used car prices up for 39th consecutive month
    • 06/07/2023
    • Posted by: Alan Feldberg
    • Category: News
    Second-hand car prices are accelerating at their fastest rate in eight months, according to the latest data from the Auto Trader Retail Index. With an average retail value of £17,756, June marks a year-on-year price growth of 3.2% on a like-for-like basis, and the 39th consecutive month of growth, with the [...]
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  • Synetiq support vital in parts supply crisis
    • 09/06/2023
    • Posted by: Alan Feldberg
    • Category: News
    Leading integrated vehicle salvage, dismantlers and recyclers Synetiq is continuing its support for bodyshops by reducing vehicle off-road time. While parts supply continues to be a challenge, its mygreenparts platform is proving to be an invaluable tool for customers who are searching for readily available green [...]
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  • Most popular used parts revealed
    • 31/05/2023
    • Posted by: Alan Feldberg
    • Category: News
    In light of continuing supply chain challenges, a new study has identified the most popular used car parts for motor traders. According to ChoiceQuote, wheels, lights and grilles were overwhelmingly the most popular parts searched for on eBay. Mini Grilles were the most searched car part out of all parts on the [...]
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  • Industry Insights names new Connected Solutions partner
    • 30/05/2023
    • Posted by: Alan Feldberg
    • Category: News
    Industry Insights has announced that Laird Assessors has become a new Connected Solutions partner. Laird Assessors, which provides a range of services from accident damage reports and post-repair inspections, to accident reconstruction, witness statement and criminal reports, joins as an Associate Engineering [...]
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  • Car production continues upwards trend
    • 26/05/2023
    • Posted by: Alan Feldberg
    • Category: News
    British car manufacturing made further gains in April with output increasing for the third month in a row. It was up 9.9%, according to the Society of Motor Manufacturers and Traders (SMMT), with 66,527 cars rolling out of factory gates. Meanwhile, UK factories continued to turn out increasing numbers of hybrid [...]
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  • FLP Group announces Northern Ireland expansion
    • 22/05/2023
    • Posted by: Alan Feldberg
    • Category: News
    Automotive and industrial paint manufacturer FLP Group has opened its first distribution centre in Armagh, Northern Ireland. The opening of the distribution centre reinforces FLP Groups commitment to Ireland and the growing demand for its own manufactured products Final Systems and Ultimate, as well as the imported [...]
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