• Demand dips for used vehicles

    • 8 June 2022
    • Posted by: Alan Feldberg
    • Category: News
    Demand for new and used vehicles fell in May as overall consumer enquiries declined by 23% This is according to lead management experts at iTrackLEADS, which also found that dealers became more efficient compared to the same month last year as the number of lost sales fell by 40% In addition, test drives fell by [...]
    read more

  •  CV sales dive by a quarter

    • 7 June 2022
    • Posted by: Alan Feldberg
    • Categories: Featured, News
    UK light commercial vehicle (LCV) registrations recorded their fifth consecutive month of decline in May, falling 251% to 22,000 units This is according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT) Although the fall is amplified in comparison with last year, which saw the [...]
    read more

  • BCA announces major online upgrades

    • 6 June 2022
    • Posted by: Alan Feldberg
    • Category: News
    BCA has launched a suite of new digital tools to make it easier for customers to do business with them Major digital upgrades have been announced to BCA Search, Partner Finance, MyBCA Selling and Online Proxy Bidding The new and upgraded Vehicle Search delivers superior filtering, enhanced features and improved [...]
    read more

  • UK car parc tops 40 million

    • 31 May 2022
    • Posted by: Alan Feldberg
    • Category: News
    The number of vehicles in the UK grew 04% to 40,506,971 in 2021, according to new data released by the Society of Motor Manufacturers and Traders (SMMT) However, despite the increase in the parc, major shortages of key components and supply chain disruptions across the globe caused new car registrations to remain [...]
    read more

  • SsangYong expands dealer network

    • 19 May 2022
    • Posted by: Alan Feldberg
    • Category: News
    SsangYong Motors has announced that North City SsangYong has joined its nationwide dealer network The five-car SsangYong showroom has modern facilities and has been looking for a new franchise after Mitsubishi suspended all new car sales to the UK and Europe in 2021 Kevin Griffin, managing director at SsangYong [...]
    read more

  • Bus and coach market responding strongly

    • 17 May 2022
    • Posted by: Alan Feldberg
    • Category: News
    The UK new bus and coach market grew by 452% in the first quarter of 2022, with registrations increasing to 974, according to figures released by the Society of Motor Manufacturers and Traders (SMMT) The year-on-year increase compares with the weakest start to a year on record in 2021, when orders collapsed as a [...]
    read more

  • Used car prices levelling off

    • 9 May 2022
    • Posted by: Alan Feldberg
    • Category: News
    The average price of a used car increased by 322% year-on-year in April, according to data from the Auto Trader Retail Price Index Although it marks the 25th month of consecutive price growth, it does suggest a slowing market, with the rate of growth increasing just a fraction on the 32% rate recorded in [...]
    read more

  • Used car prices rise for 24th straight month

    • 8 April 2022
    • Posted by: Alan Feldberg
    • Category: News
    The average price of a used car increased 32% on a year-on-year (YoY) and like-for-like basis in March, marking the 24th month of consecutive price growth According to Auto Trader, the average value of used cars increased nearly £4,400 in this period, with one in five ‘nearly new’ cars selling for more than [...]
    read more

  • Car finance market reports healthy growth

    • 8 April 2022
    • Posted by: Alan Feldberg
    • Category: News
    Figures released by the Finance & Leasing Association (FLA) show that the consumer car finance market reported new business volumes up in February by 24% compared with the same month in 2021 The corresponding value of new business grew by 39% over the same period In the first two months of 2022, new business [...]
    read more

  • Isuzu secures record sales

    • 8 April 2022
    • Posted by: Alan Feldberg
    • Category: News
    Isuzu UK recorded 838 sales of the Isuzu D-Max pick-up during the first quarter of 2022, a notable 428% up on the same period last year, with March proving to be another strong month for the brand, ending 544% up on the previous year sales This performance from Isuzu UK comes despite the LCV and pick-up continuing [...]
    read more