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Used car demand still inflating prices
- 04/08/2022
- Posted by: Alan Feldberg
- Category: News
The average price of a used car has risen 19.5% in the last year. According to data from the Auto Trader Retail Price Index, which is based on analysis of about 900,000 vehicles, the average price of a used car was £17,173 in July. However, last month’s growth rate is down on the all-time high of 32.2% [...] -
BEVs surge despite dismal production figures
- 27/01/2022
- Posted by: Alan Feldberg
- Category: News
UK car production in 2021 fell 6.7% to only 859,575 units, the worst total since 1956. According to figures released by the Society of Motor Manufacturers and Traders, output was 61,353 less than 2020, which itself was badly affected by coronavirus lockdowns, and -34% below pre-pandemic 2019. Despite [...] -
CV production rallies with 17% uplift
- 26/11/2021
- Posted by: Alan Feldberg
- Category: News
UK commercial vehicle production increased to 7,892 units in October, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT). October’s growth in output of 17.2%, the highest uplift since June this year, follows a weak October 2020 where operators delayed fleet renewal [...]