The 10 car manufacturers offering the biggest discounts to buyers accounted for almost half of the UK’s registrations during the first half of 2019, according to What Car?.
Marshall Motor Holdings has reported a 9% decline in pre-tax profits in its interim financial results to June 30, 2019 – despite outperforming the UK’s declining new car market.
The Society of Motor Manufacturers and Traders (SMMT) has said that electric vehicles’ share of new car registrations could double in 2020 after sales almost tripled amid a 4.1% decline in the wider market during in July.
The DVLA’s ‘Register a Vehicle’ (RaV) service has handled over 1.5 million new vehicle registrations in the first year in operation.
Demand for SUVs appeared to stall across Europe during June as the region suffered a 7.9% overall decline in registrations, Jato Dynamics has reported.
Cox Automotive has reiterated its prediction of a 2.9% decline in new car sales for 2019 after the publication of half-year data by the Society of Motor Manufacturers and Traders (SMMT).
Despite the advent of online car retail platforms and an attempt to deliver soft-touch approach in showrooms, 52% of car buyers feel that the sales process has not changed.
Sales of the all-new, all-electric £2 million Lotus Evija hypercar will be handled through the dealership network, according to Lotus Cars chief executive Phil Popham.
A 4.8% drop in private registrations during June closed off a challenging second quarter for the UK’s franchised dealers.
The production of cars in the UK declined by 15.5% during May as demand from domestic motorists for home-built vehicles slumped by 25.9% year-on-year, the SMMT has reported.
IVendi has said that list prices on new cars is creating uncertainty for new car buyers looking for a good deal.
Customers considering a new Mercedes-Benz can now experience a 48-hour test drive, allowing potential buyers to experience a car in the real world.
New car marketplace Leasing.com has won the Gamechanger award at the 4th annual Car Finance Awards.
Europe’s highest volume of May new car registrations since 2007 helped to maintain a degree of stability in the market last month – with a sales increase 0.2% across the month.
The National Franchised Dealers Association (NFDA) has described the Department for Transport’s (DfT) granting of a derogation for non-RDE compliant vehicles as “very positive”.
Car retailers increased their stock of used cars by an average of 15% in May but took longer to sell vehicles according to analysis of year-to-year trends analysed by Motors.co.uk.
Women are 71% more likely to buy a new car online than men, according to a new study from Buyacar.
Auto Trader is targeting new car buyers with a multi-million pound marketing campaign.
Car dealers registered a “marginal” year-on-year improvement in profits during April, according to ASE – the month’s average total amounting to £5,000.
What Car? magazine has uncovered evidence that car dealers and manufacturers are offering car buyers cash discounts of £16.8 million to attract them into showrooms.
JudgeService has urged dealers to focus on improving customer satisfaction and attention to detail to help drive stock turn and avoid “book” drops.
The Finance and Leasing Association (FLA) has revealed that new business in the point of sale (POS) consumer new car finance market fell 2% by value and 7% by volume in April.
Auto Trader’s annual turnover rose 8% to £355.1 million in 2018 as its grew its average profit per retailer forecourt by 9% to £1,844.
Vauxhall is taking customer reservations for its new all-electric Corsa-e EV, with a £500 deposit securing one of the first examples to reach UK showrooms.
Lookers has joined the London EV Company’s (LEVC) taxi retail network with the opening of a new dealership in Stockport.
