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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 [...] -
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 [...] -
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 [...] -
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 [...] -
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 [...] -
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 [...] -
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 [...] -
Dealerweb sees September surge in orders
- 11/10/2021
- Posted by: Alan Feldberg
- Category: News
Dealerweb has reported a 37% increase in September orders against the same month in 2020. The used market slowed for the third consecutive month with a nine per cent decline in enquiries and a four per cent fall in orders, while the average sold price of a used vehicle increased to £23,400 from £19,356 in [...] -
MG Motor reports record sales
- 17/09/2021
- Posted by: Alan Feldberg
- Category: News
MG Motor UK has reported a 41% sales uptick on 2019, with more units already sold in 2021 than all of last year. The company sold its 20,000th new MG this month, achieving a 65% year-on-year growth in new registrations. MG Motor UK commercial director, Guy Pigounakis, said: “To pass the 20,000 milestone with [...] -
LCV prices top £10,000 for first time
- 23/08/2021
- Posted by: Alan Feldberg
- Category: News
LCV values at BCA and passed £10,000 for the first time in July. Average used LCV values rose by £187 during the month to reach £10,120, the highest recorded average monthly value on record at BCA. Values have now risen by £2,422 in the past year, equivalent to a 32% uplift. Stuart Pearson COO BCA UK said: [...]