• LCV values break £10,000 barrier
    • 31/05/2023
    • Posted by: Alan Feldberg
    • Category: News
    Building on a strong first quarter, average monthly LCV values at BCA continued to climb in April to reach their highest point since early 2022.   Average values rose by £348 (3.5%) compared to March, to reach £10,325, the highest figure recorded since February 2022.  The mix of vehicles on offer played into [...]
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  • HGV market grows despite EV gridlock
    • 18/05/2023
    • Posted by: Alan Feldberg
    • Category: News
    UK demand for heavy goods vehicles (HGVs) grew by 17.1% to 11,517 registrations in the first three months of 2023, according the Society of Motor Manufacturers and Traders (SMMT). The fourth consecutive quarter of growth means the market is now just 2.9% below the first quarter of 2019. The rise in registrations [...]
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  • Bus and coach market still in slow lane
    • 18/05/2023
    • Posted by: Alan Feldberg
    • Category: News
    The UK’s new bus and coach market fell by 0.6% in the first quarter of 2023, with 968 vehicles joining Britain’s transport network. This is according to the latest figures published by the Society of Motor Manufacturers and Traders (SMMT), which found registrations remain 39.7% below the pre-pandemic five-year [...]
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  • Bentley reports record results
    • 05/05/2023
    • Posted by: Alan Feldberg
    • Category: News
    Bentley Motors has followed record results in 2022 with its second-best quarterly results at the start of 2023. It recorded operating profits of €216m, an increase of 27% on the same period last year. Overall revenue rose to €882m, up nine per cent from €813m. Return on sales in the first quarter climbed [...]
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  • Cazoo publishes first quarter results
    • 28/04/2023
    • Posted by: Alan Feldberg
    • Category: News
    Independent online car retailer Cazoo has healthy first quarter results for 2023, with 18,679 vehicles sold and revenues of £247m. This represents a decrease of seven per cent and 11% respectively on 2022. Paul Whitehead, chief executive officer, said: “I am very pleased with our performance in the first [...]
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  • Kia sets new sales records
    • 06/04/2023
    • Posted by: Alan Feldberg
    • Category: News
    Kia UK has recorded its biggest ever month and quarter for new car sales, with 19,703 sold in March and 32,255 in the first quarter of 2023. The records reflect Kia’s global success in March, which saw the Korean brand register 278,275 units globally, a 10.9% increase year-on-year. More than 20% (4,068 units) [...]
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  • BCA unveils customer service solutions
    • 22/03/2023
    • Posted by: Alan Feldberg
    • Category: News
    BCA has announced a number of customer service enhancements. Multi-vehicle booking on deliveries have been introduced online to help customers making multiple purchases, introducing efficiencies and ensuring purchased stock arrives as quickly as possible. Up to 10 vehicles can now be booked for delivery in a [...]
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  • MG Motor celebrates Motor Ombudsman certification
    • 03/03/2023
    • Posted by: Alan Feldberg
    • Category: News
    MG Motor UK and its nationwide retail network has secured accreditation to three of the Motor Ombudsman’s Chartered Trading Standards Institute (CTSI)-approved Motor Industry Codes of Practice. It has been accredited to The Motor Ombudsman’s New Car Code, the Codes of Practice for Vehicle Sales, and the Service [...]
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  • Used car prices still trending upwards
    • 20/02/2023
    • Posted by: Alan Feldberg
    • Category: News
    The average price of used cars rose 1.7% year-on-year to £17,880, according to Auto Trader’s Retail Price Index. Although the rate of growth is down significantly from a peak of 32% in April 2022, this current rate is on top of the massive 31.9% increase recorded this time last year. It also marks a [...]
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  • CitNOW integration enhances video insights
    • 08/12/2022
    • Posted by: Alan Feldberg
    • Category: News
    CitNOW has become one of the first official Independent Software Vendors (ISV) available on Salesforce AppExchange. The integration makes CitNOW Sales video functionality and reporting accessible from within the new Salesforce Automotive Cloud app, with CitNOW Workshop to follow soon. All information about [...]
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