Porsche GB’s growing franchised car retail network contributed to a February sales result which delivered growth amid a market down 35.5% due to the ongoing COVID-19 ‘Lockdown 3’ showroom closures.
Car dealers should be braced for “a third, successive dismal new plate month” in March after COVID-19 ‘Lockdown 3’ delivered another 35.5% decline to the UK’s new car registrations in February.
Orders placed for new vehicles fell by 18.3% in February and used dropped by 30% according to the latest figures from lead management firm, Dealerweb.
Aston Martin’s new DBX SUV accounted for more than a quarter of the British carmaker’s 2020 sales as volumes declined by 32% in a COVID-impacted 2020.
The ongoing COVID-19 pandemic resulted in Europe’s lowest January new car registrations total since 1982 – down 26% year-on-year to just 839,600 units.
There will be no u-turn of Mitsubishi Motors in the UK’s decision to transition away from new car sales, despite reports which suggest the Japanese carmaker could review its decision to withdraw from Europe.
Cox Automotive’s Phillip Nothard has said it is “vital” that car showrooms are able to re-open as soon as possible despite signs that many retailers continue to perform well against the odds in COVID-19 ‘Lockdown 3’.
Cazana’s director of insights, Rupert Pontin, has conceded that February new and used car sales were ‘less promising than expected’ – despite attempts to set the data in a positive context.
The 29.4% decline in 2020 represented, according to the Society of Motor Manufacturers and Traders (SMMT), £20.4bn in lost turnover.
New car buyers can save more than 20% on new cars ahead of the March number plate change, What Car? research has found.
The UK’s COVID-19 ‘Lockdown 3’ trading restrictions mean that franchised car retailers are “suffering” more greatly than their European counterparts.
The SMMT has revised its 2021 new car registrations forecast down to below 1.9 million in anticipation of COVID-19 lockdown's impact on the key March number plate change month.
Mazda UK has added its new MX-30 electric vehicle (EV) to the list of cars eligible for savings of up to £4,000 in its CO2 emissions-reducing car scrappage scheme.
TrustFord has seen its car sales volumes decline by around 40% during COVID-19 ‘Lockdown 3’ trading in England and Northern Ireland – but home delivery boom is driving commercial vehicle records.
Volkswagen’s ID.3 electric vehicle (EV) ended 2020 as Europe’s second best-selling car as COVID-19 triggered a 25% full-year market decline - its worst result since 1993.
MG Motor UK has targeted the appointment of 10 more franchised car retail sites to its network in 2021 after welcoming 28 new locations last year – expanding its network to 130 locations.
Lookers’ Kia Stockport car dealership has been named as the Korean car brand’s Dealer of the Year and claimed its Sales Excellence Award at the annual Kia Dealer Excellence Awards 2020.
Porsche GB has seen the COVID-19 Lockdown 3 opening of its network’s new franchised dealership in Norwich and is preparing to add an upgraded South Lakes centre to its network this summer.
What Car? has launched a new national marketing campaign to promote its online new car buying platform on Absolute Radio.
The UK’s franchised car retailers have been praised for their ability to adapt and meet the challenges of COVID-19 pandemic after the SMMT reported a 29.4% decline in new car registrations during 2020.
The quarterly AM Motor Retail Review webinar on January 7 will discuss 2020's car market outcome, the FCA motor finance rules revision and the Brexit aftermath.
October 2020's new car market gets a deep dive which reveals Tesla is a growing threat to the establishment
Green number plates will be applied to new electric vehicles (EV) sold in the UK from today (December 8) in a bid to drive further uptake of zero emissions transport before 2030.
New consumer car finance volumes declined 3% in October to leave the sector 20% down year-to-date, according to the latest data from the Finance and Leasing Association (FLA).
Declining new car sales in 2020 are set to deliver a £300 million aftersales revenue decline for franchised car retailers over the next 12 months, according to BookMyGarage.
