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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 [...] -
New solution tackles supply shortage
- 23/02/2022
- Posted by: Alan Feldberg
- Category: News
A new solution has been released to help bodyshops deal with the shortage in parts by connecting them directly with vehicle manufacturers via a new technology platform. As a result of Covid-19, Brexit and the microchip shortage, repair costs have risen by 27% in the last four years, and there is no evidence of that [...] -
Supply shortages see handovers decline
- 24/01/2022
- Posted by: Alan Feldberg
- Category: News
Vehicle handovers are falling despite an increase in sales. This is according to lead management specialists at iTrackLEADS, which found that the shortage of new and used vehicles was evident in a 31% fall in handovers. While test drives fell marginally by 0.3%, sales increased 9.2%. The data compared sales [...] -
Consumer demand remains high
- 13/01/2022
- Posted by: Alan Feldberg
- Category: News
A new study has revealed growing consumer demand in December. The data compiled by lead management specialists at iTrackLEADS compared sales activity in December 2021 against the same month in 2020, and found that sales increased 9.2%. However, the shortage of new and used vehicles was evident, with a 31% fall [...] -
Car rental market surges
- 17/12/2021
- Posted by: Alan Feldberg
- Category: News
Volkswagen Financial Services UK has reported that the rental car market has soared ahead of Christmas. It saw a 144% rise in Rent-a-Car bookings in November compared to the same period last year, and predicts an even hotter market this month with increased festive demand for larger vehicles for family trips – [...] -
Aftermarket facing £600m deficit
- 29/10/2021
- Posted by: Alan Feldberg
- Category: News
New research suggests the slump in car sales could cost the aftermarket up to £600m in service and repair incomes. The SMMT has reported that new car sales are down by 29.3% so far in 2021 compared to 2019, with disruptions to the supply chain and Covid-19 having a devastating impact on the sector. However, the [...] -
Fleets focus on resources over cost
- 21/10/2021
- Posted by: Alan Feldberg
- Category: News
Fleet management is reacting to the current shortages of drivers, vehicles and fuel by becoming resource rather than cost-based. This is according to fleet software company FleetCheck, which predicted the situation would persist for some time. Peter Golding, managing director, said: “Without realising it, [...] -
Used values scale new heights
- 13/10/2021
- Posted by: Alan Feldberg
- Category: News
Average monthly used car values at BCA climbed again during September to reach an astonishing £11,817. After passing £10,000 for the first time ever, September’s figures represents the fourth consecutive month that BCA has reported record used car values. The substantial rise is the largest monthly increase [...] -
Driver crisis sparks spike in searches
- 11/10/2021
- Posted by: Alan Feldberg
- Category: News
New research has found that online searches for ‘truck driver UK’ escalated a staggering 1,300% from 26 September, when the HGV shortage burst into the news. Analysis of Google search data carried out by delivery management experts Urbantz revealed that online interest in truck driver positions in the UK [...]