LCV values find their level
BCA has announced that LCV values averaged £9,864 in August, down from the figure of £10,220 reported in July but still ahead of May and June. Performance against guide prices […]
vehicle sales
CitNOW announces RTC acquisition
CitNOW Group has expanded its technology portfolio with the acquisition of Real Time Communications (RTC). RTC supplies integrated technologies that streamline sales and aftersales operations for automotive retailers by enabling […]
Sales slump a supply issue
Auto Trader says the fall in used cars sales in the second quarter of the year has nothing to do with falling demand. The Society of Motor Manufacturers and Traders […]
Car buyers lose patience with lag times
Less than five per cent of new car buyers are willing to wait more than a year for a new vehicle. According to the latest research by What Car?, the […]
Cars still seen as a status symbol
A new survey suggests that drivers still see their car as a status symbol – and this is not just restricted to older drivers. According to a survey of 2,000 […]
VWG reports robust growth
Volkswagen Group has published strong results for the first half of the year, with operating results before special items for the first six month totalling $13.2b, a 16.1% increase on […]
Bentley records record profits
Bentley has reported strong financial results for the first half of 2022, with operating profits of €398m. This is a 124% increase on the same period last year, while the […]
Used car values on the rise again
Used car values rose to £9,196 in June, according to data released by BCA, making it the first month-on-month rise in values recorded this year. Values improved by £745 across […]
Car buyers reacting to cost of living crisis
New research from What Car? has found that the cost of living crisis is causing car buyers to delay their purchases, reduce their budgets and consider different makes and models […]
Symonds secures top CarGurus job
CarGurus has appointed Amanda Symonds as its new managing director for its UK business. Symonds joins the used car buying platform with over a decade of online marketplace business experience, […]
Demand still strong for used cars
The average price of a used car increased 23.7% on a year-on-year (YoY) and like-for-like basis in June, according to the Auto Trader Retail Price Index. Although it’s the 27th month […]
Car registrations hit the skids in June
Figures from the Society of Motor Manufacturers and Traders (SMMT) found that UK new car registrations fell 24.3% in June to just 140,958 units. That makes it the weakest June […]
