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Carlac goes live with new website
- 02/12/2021
- Posted by: Alan Feldberg
- Category: News
Carlac has unveiled a brand new website. The new site is the first step in its increased investment in digital solutions for customers and stakeholders. The fully optimised website showcases the company's five decades of experience and technical support for the automotive, alloy wheel and industrial sectors. The [...] -
LKQ announces further appointments
- 01/12/2021
- Posted by: Alan Feldberg
- Category: News
LKQ Collision & Coatings has announced a raft of senior appointments that will strengthen its relationships with LKQ Euro Car Parts and LKQ Europe. Justin Elliot is now heading up LKQ’s Collision & Coatings business across the whole of Europe, a role in which he will oversee the strategy of the UK and [...] -
Parts demand sees chop shop increase
- 19/11/2021
- Posted by: Alan Feldberg
- Category: News
Tracker Network is urging motorists to be extra vigilant when it comes to protecting their cars from thieves as the demand for parts intensifies. Police across the country are continuing the fight against an increase in ‘chop shops’ – buildings which house stolen vehicles for stripping down so their expensive [...] -
Wholesale recovery still ‘months away’
- 08/11/2021
- Posted by: Alan Feldberg
- Category: News
A new report has found that while the automotive wholesale market has shown signs of recovering recently, a return to normal is still months away. This is according to Cox Automotive, which has warned businesses to prepare for more difficult times ahead. Philip Nothard, strategy and insight director, said: "We [...] -
Car finance market suffers as supply issues bite
- 05/11/2021
- Posted by: Alan Feldberg
- Category: News
The consumer car finance market reported a fall in new business volumes of 21% in September 2021 compared with the same month in 2020. According to new figures released by the Finance & Leasing Association, in the nine months to September 2021, new business volumes were nine per cent higher than in the same [...] -
Consumer demand ramps up again
- 04/11/2021
- 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 [...] -
Engine production down a third
- 29/10/2021
- Posted by: Alan Feldberg
- Category: News
Engine production fell 36.3% in September, according to the latest figures released by the Society of Motor Manufacturers and Traders. Its figures found that UK factories produced 138,059 engines last month, with output for both domestic and export markets falling by 42% and 32.6% respectively. Year-to-date [...] -
EV charge can’t offset production slump
- 28/10/2021
- Posted by: Alan Feldberg
- Category: News
UK car production fell for the third consecutive month in September, dropping 41.5% with 67,169 cars manufactured. This makes it the worst performing September since 1982, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT). Output continues to be hampered by the [...] -
Supply shortage to continue into 2022
- 22/10/2021
- Posted by: Alan Feldberg
- Category: News
A new report is predicting that the high cost of used cars will continue well into 2022. According to the Cox Automotive and Grant Thornton Automotive Insight Report, the global new car production over the past 18 months has led to a shortage of good quality used vehicles coming to market. With drivers holding [...] -
Supply issues stall car sales
- 05/10/2021
- Posted by: Alan Feldberg
- Category: News
The UK new car market has recorded its weakest September since 1998 - despite a record performance for battery electric vehicles. The Society of Motor Manufacturers and Traders (SMMT) has reported that 215,312 cars were registered in the month, a 34.4% fall on September 2020 and down 44.7% on the pre-pandemic [...]