• Richard Hardie agrees BCA partnership
    • 21/11/2023
    • Posted by: Alan Feldberg
    • Category: News
    North East dealer group Richard Hardie has agreed an exclusive one-year remarketing deal with BCA. The group operates dealerships in Sunderland, Ashington and Silverlink, Wallsend. It will offer around 500 vehicles over the duration of the deal, with sales staged twice weekly via the BCA Online sales programme. [...]
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  • Bus and coach market accelerates through third quarter
    • 20/11/2023
    • Posted by: Alan Feldberg
    • Category: News
    The Society of Motor Manufacturer and Traders has reported that Britain’s new bus, coach and minibus market grew by an impressive 130.6% in the third quarter of 2023 with 1,739 vehicles registered. Operator demand more than doubled compared with the same quarter last year, while the July to September period saw [...]
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  • BCA reports rise in used car values
    • 13/11/2023
    • Posted by: Alan Feldberg
    • Category: News
    Average used car values rose again in October according to data released by the BCA. It saw prices rise to £7,397 from £7,262 September, halting a trend that had seen values decline for four consecutive months. At the same time, the price guides declared the largest monthly downward move in more than 10 years, [...]
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  • LCV sales growth hits two-year high
    • 07/11/2023
    • Posted by: Alan Feldberg
    • Category: News
    Britain’s new light commercial vehicle (LCV) registrations increased by 17.7% in October with 26,342 units joining Britain’s fleets. According to the latest figures published by the Society of Motor Manufacturers and Traders, the growth is some 3.8% above pre-pandemic 2019 levels and rounds off 10 consecutive [...]
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  • Used car values continue downwards trend
    • 30/10/2023
    • Posted by: Alan Feldberg
    • Category: News
    Used car values fell in October according to data from cap hpi. It found that average three-year-old vehicles with 60,000 miles declined by 4.2%, or £850. This is the largest drop in a single month since the introduction of cap Live in 2012 and the largest fall since May 2011, over 12 years ago. Meanwhile, [...]
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  • NAMA reports steady demand
    • 25/09/2023
    • Posted by: Alan Feldberg
    • Category: News
    The National Association of Motor Auctions (NAMA) has reported that the UK market is holding steady and expected to remain robust for the rest of the year. It reported that values are 0.5% down on this time last year, having fallen six per cent in the last three months alone. On a granular level, demand for [...]
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  • EV demand flagging amidst high prices
    • 08/09/2023
    • Posted by: Alan Feldberg
    • Category: News
    New research has found that fewer than half of drivers are willing to invest in EVs, with cost and charging limitations still putting them off. According to Auto Trader research of more than 4,000 drivers, only 47% of respondents would consider an EV now. It found that only nine models are available for less [...]
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  • EV demand rises as LCV sales increase
    • 06/09/2023
    • Posted by: Alan Feldberg
    • Category: News
    The UK new light commercial vehicle (LCV) market grew for the eighth consecutive month in August, rising five per cent to 16,303 units. According to the latest figures from the Society of Motor Manufacturers and Traders (SMMT), the market for medium-sized vans drove growth in the month, surging 72.1% to [...]
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  • Polestar sales soar in the UK
    • 25/08/2023
    • Posted by: Alan Feldberg
    • Category: News
    Polestar’s continued growth in the UK market has continued with the announcement that it has started deliveries of the upgraded Polestar 2. The Polestar 2 was the brand’s first volume car when it was launched in 2020 and to date over 150,000 cars have been manufactured – with more than 20,000 now on UK roads [...]
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  • PistonHeads launches new online auction
    • 23/08/2023
    • Posted by: Alan Feldberg
    • Category: News
    Online motoring community PistonHeads has launched a new online auction platform offering selection of premium and performance cars. PistonHeads Auctions provides a full suite of benefits for individuals looking to buy or sell performance, classic, and collectible vehicles. An automated bidding system enables [...]
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