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UK on course for lowest new car registrations since 1982, says SMMT
The UK automotive sector remains on course to deliver its lowest new car registrations total since 1982, despite a 26.4% growth in October, the Society of Motor Manufacturers and Traders (SMMT) has said.
Focus on basics and cost control will prepare dealers for a comeback, says Cox
Doing the basics well and driving efficiencies will prepare dealers for the eventual comeback of usual car market volumes, according to Cox Automotive insight and strategy director Philip Nothard.
Lexus enters Motability scheme with aim to grow sales to disabled people
Premium brand Lexus has joined the UK's Motability Scheme and is offering its self-charging hybrid UX 250h F Sport Design initially to scheme members, who receive a mobility allowance through the Department of Work and Pensions to help them with disabilities and mobility issues.
New car finance market suffers ‘largest contraction’ since COVID-19 lockdown
The UK’s new car finance suffered its “largest contraction” in new business volumes since February 2021’s COVID-19 lockdown period during June, according to new data published by the Finance and Leasing Association (FLA).
Audi UK in search for direct sales operations head
Audi UK is searching for an influential performance driver to fill a new role of direct sales operations and performance manager as the Volkswagen Group brand prepares to expand its agency contracts for retailers.
European EV and plug-in hybrid sales suffered ‘biggest fall on record’ in June
Europe’s electric vehicle (EV) and plug-in hybrid sales suffered their “biggest fall on record” in June as Tesla’s Chinese factory closures and Russia’s invasion of Ukraine took their toll on production.
Cox Automotive downgrades forecasts after recognising ‘reality’ of car market
Cox Automotive predicts that the UK’s new car market will end 2022 on 1.62 million registrations after downgrading its forecasts to acknowledge the “reality” of the sector’s global supply crisis.