Buyacar.co.uk has seen an upswing in new car searches following the Brexit result.
Ford factory closures and price hikes are “on the table” as the manufacturer looks to cut costs amid fears that Brexit could cost the brand over £800 million over the next two years.
Mercedes-Benz and BMW top the Q2 new car registrations growth charts as Ford, Vauxhall and Volkswagen tumble.
US financial regulators are taking interest in carmakers’ practices of recording revenues based on shipments to their dealers rather than on sales to end-users.
2016's first half saw a record 1,420,636 new car market. Yet a 0.8% drop in June with a -4.5% drop in private orders suggests the market appears to be turning,
Dramatically increased pre-reg activity is leading to a “confused marketplace” for new and nearly new vehicles, according to Cap HPI.
Germany, Italy, France and Spain all experienced double-digit growth in car registrations during May, with a total of 969,100 up 15% on the previous year.
Lings Mitsubishi are celebrating the success of a new management team after matching last year’s vehicle sales figure in the space of just six months.
The retail new car market has declined for the second consecutive month.
Probably most importantly for the development of the UK passenger car market, the Bank of England looks unlikely to raise interest rates until well into 2017.
A 2.5% fall in private new car registrations in April has been offset by increased activity in the fleet and business markets.
Record new car registrations look set to continue as research shows demand for new cars is still growing.
Mazda UK has achieved the largest single month of sales in the company’s history.
March’s new car market is forecast to be a record breaker.
Top 10 AM100 dealer group Lookers is predicting that the new car market may nudge the three-million mark around the end of the decade.
February’s new car market was the highest for the month in 12 years, as registrations reached 83,395 units.
THE record-breaking momentum of car registrations during 2015 has continued into the start of the year, with the SSMT confirming an 11-year high of 169,678 for January.
Blurred lines are emerging between new and used car buyers as customers become more easily influenced by running costs and finance offers, according to Motors.co.uk.
2015 was a record year for new car registrations.
A recent study of UK dealers by CAP found the majority, 46.3%, believe that 2016 will beat 2015 for new car registrations.
The new car market looks set to hit a record level in 2015 but dealer profitability certainly doesn’t, warns ASE Global chairman Mike Jones.
The new car market returned to growth in November, after a decline in October – the first in 44 months.
Peter Watts, Motors.co.uk director of dealer insight, is offering tips for retailers over Winter season.
The new car market is still on track for a record year, despite a sales dip of 1.1% in October, according to CAP.
WhatCar? is advising its readers to buy a new car instead of a one-year old version of the same model due to competitive finance and low interest rates.
