UK car production in 2021 fell 6.7% to only 859,575 units, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT), the worst total since 1956.
Honda UK managing director Jean-Marc Streng says the brand is exploring the possibilities of the agency franchised retail model as it draws to the end of “phase one” of its retail network restructure.
Peugeot UK has revealed that its online sales accounted for 15% of its retail car registrations in 2021 – doubling its digital traction year-on-year.
Gravells Bridgend has won the Dealer of the Year Award at the 2021 Kia UK Dealer Excellence Awards.
Renault has celebrated a 52% uplift in its hybrid and electric car sales across Europe in 2021, although its global total vehicle sales fell by 6.7%.
Dealer attitudes suggest a level of uncertainty about a 2022 car retail market increasingly defined by vehicle availability, the transition to electric vehicles (EV) and moves from manufacturers towards an agency franchise model.
Electric vehicle (EV) leasing company, DriveElectric, predicts that at least 330,000 new battery electric vehicles (BEVs) will be registered in the UK in 2022.
MG, Audi, Kia and Polestar featured among 2021’s new car registrations winners as Tesla’s Model 3 ended 2021 as the UK’s second best-selling car with registrations almost three-times that of the next most popular EV.
New car registrations rose just 1% in 2021 as tougher trading arrangements, accelerating technology shifts and decimated supply stalled the sector’s recovery from COVID-19.
Just 0.2% of Suzuki's new car buyers have used the 14-day exchange plan it introduced this year to help them feel confident in their buying decision.
Car retailers across the UK have today been alerted to more “overnight changes” to the plug-in car grant (PiCG) – delivering a further “double whammy” of reductions for electric vehicle (EV) buyers.
Consumer car finance remained up 7% by volume in the year to the end of October despite an 11% decline in October, according to Finance and Leasing Association (FLA) data.
Nissan has officially opened order books for its new Ariya flagship electric vehicle (EV) – with prices startying from £41,845.
Clive Brook Group, Drive Motor Retail, Hendy Group, Inchcape Retail and Jemca Motor Group have all ramped-up their acquisition of private used car stock in 2021.
Discounts on new car retail offers have dropped slightly by 1.9% quarter-on-quarter to £1,672 on average in Q4, according to the latest AM data.
The UK's new van market notched up a November sales record, finishing the month 11.4% ahead of the pre-pandemic average for the month.
November's 115,706-unit new car market brought an end to four months of consecutive decline in new car sales, by recording a 1.7% uplift over November 2020 when stronger coronavirus restrictions were in place.
Stellantis brands outsold those of the Volkswagen Group for the first time as Europe suffered a 30% decline in new car registrations during October, Jato Dynamics has revealed.
The average UK car retailer saw their monthly profit soar by 189.7% year-on-year in what the SMMT had described as a “desperately disappointing September”, according to ASE.
Subaru retailers across the UK will welcome their first fully electric vehicle (EV) into showrooms in the middle of 2022.
New consumer car finance volumes remained up on 2020 in the first nine months of this year despite slumping by over a fifth in September, the Finance and Leasing Association (FLA) has revealed.
Car buyers’ brand loyalty is “vaporising” in a “pressure cooker” of high demand and stalled new vehicle supplies causing lengthy delivery times, new research shows.
MG, Hyundai and Kia continued to buck the UK’s new car registrations decline with impressive year-on-year growth in October.
Society of Motor Manufacturers and Traders (SMMT) chief executive Mike Hawes has expressed hopes of a “brighter” 2022 for UK automotive after new car registrations declined by 24.6% in October.
The decline on new cars sales, caused by the coronavirus pandemic and the semiconductor shortage, in the last two years is estimated to have cost the aftersales sector £600 million.
