• Supply shortages see handovers decline
    • 24/01/2022
    • Posted by: Alan Feldberg
    • Category: News
    Vehicle handovers are falling despite an increase in sales. This is according to lead management specialists at iTrackLEADS, which found that the shortage of new and used vehicles was evident in a 31% fall in handovers. While test drives fell marginally by 0.3%, sales increased 9.2%. The data compared sales [...]
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  • Motorpoint launches new recruitment drive
    • 17/01/2022
    • Posted by: Alan Feldberg
    • Category: News
    Up to 30 new jobs are being created in Maidstone by Motorpoint. The new roles will be in sales, service, support and vehicle preparation. Robert Jones, head of retail operations at Motorpoint Maidstone said: “We are excited about the opening of our new store in Maidstone in late February 2022. We are recruiting [...]
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  • BCA Christmas sales up 25%
    • 13/01/2022
    • Posted by: Alan Feldberg
    • Category: News
    BCA has reported that its festive programme of online sales attracted over 2,500 different buyers and sold nearly 25% more than the same week year-on-year. There was particularly strong buyer activity for used vans, with over 400 different LCV buyers purchasing between Christmas and New Year, underlining the [...]
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  • LCV sales report strong 2021 growth
    • 06/01/2022
    • Posted by: Alan Feldberg
    • Category: News
    UK new light commercial vehicle (LCV) registrations grew by more than a fifth (21.4%) in 2021, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT). It found that 355,380 new light commercial vehicles were registered in the year, ending with the best December for the [...]
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  • LCV market registers record month
    • 07/12/2021
    • Posted by: Alan Feldberg
    • Category: News
    The light commercial vehicle (LCV) market recorded the best November in its history, with 31,320 new vans registered. This is according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT). The number of vans reaching Britain’s roads rose 11.4% on the pre-pandemic average for [...]
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  • Used price growth remains unchecked
    • 17/11/2021
    • Posted by: Alan Feldberg
    • Category: News
    Despite rising inflation, the record levels of used car price growth shows no sign of easing, with average prices increasing a massive 26.9% last week on a year-on-year (YoY). According to Auto Trader, it marks the 80th consecutive week of price growth, and an almost four-fold increase in just six months, rising [...]
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  • HGV sales stumble through third quarter
    • 17/11/2021
    • Posted by: Alan Feldberg
    • Category: News
    New heavy goods vehicle (HGV) registrations declined by 8.4% in the third quarter of 2021, according to figures released by the Society of Motor Manufacturers and Traders (SMMT). The decrease saw 7,715 trucks registered, some 704 fewer than the third quarter 2020 total, which itself was volatile due to the effects [...]
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  • Demand grows for AFVs
    • 10/11/2021
    • Posted by: Alan Feldberg
    • Category: News
    New figures by the Society of Motor Manufacturers has revealed the continued demand for used battery electric vehicles and plug-in hybrids. It found that in the third quarter of the year transactions for new and used models rose by 56.4% and 43.3% to 14,182 and 14,990 respectively. In fact, the number of used BEVs [...]
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  • CarShop announces major recruitment drive
    • 10/11/2021
    • Posted by: Alan Feldberg
    • Category: News
    Omnichannel used car retailer CarShop has announced a major recruitment drive to support recent growth. CarShop now has a store presence in 15 locations UK-wide, and also has a large preparation centre in Leighton Buzzard, which prepares, maintains and reconditions over 30,000 cars per year. The roles it is [...]
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  • LCV values hold steady in September
    • 01/11/2021
    • Posted by: Alan Feldberg
    • Category: News
    September saw average LCV values lift to £9,902 at BCA, with steady demand generating a small month-on-month rise of £18 as the market remained stable for the fourth month running. While average monthly values have risen by £1,908 in the past year, the last four months have seen a period of stability with [...]
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