Manufacturers are set to spend at least £2 billion on discounting electric vehicles (EV) this year in a desperate attempt to stimulate demand, according to the Society of Motor Manufacturers and Traders (SMMT).
Retailers are being urged to strategically use data to avoid unnecessary price corrections as the used car market is proving resilient, with electric vehicles leading in both demand and sales pace.
Autofinity has enhanced its retail management platform through integration with Auto Trader Connect, allowing users to access its used car pricing rating without switching between applications.
Consumer concerns over the affordability of electric vehicles (EVs) are hindering mass adoption, putting pressure on the government to provide more support for the market, according to new research by Auto Trader.
The Land Rover Discovery Sport continues to reign supreme in the used car market, marking its sixth straight month as the most profitable vehicle, according to Dealer Auction’s Retail Margin Monitor for August.
Carwow has made a significant move to enhance the used car buying experience, echoing Auto Trader’s strategy of expanding digital services.
Auto Trader and What Car? are extending their multi-year partnership to revolutionise the new car buying and selling process by creating a seamless way to research, locate, and buy cars across both platforms.
Retail prices for used cars exceeded seasonal expectations in August, driven by robust consumer demand in the market, according to the latest data from Auto Trader.
Demand for new cars is on the rise, with Auto Trader reporting a nearly 7% month-on-month (MoM) increase in platform visits for August ahead of the critical September plate change approaches.
Auto Trader has launched its biggest brand campaign to date, aiming to significantly boost new car sales as the UK’s automotive market faces increasing challenges.
The number of car retailers offering electric vehicles (EV) has stayed consistent year-on-year, with the lack of growth blamed on government indecision and market instability.
Used retail prices have continued to stabilise in July as the market returns to seasonal norms, according to the latest data from Auto Trader.
Industry leaders at the BVRLA’s recent Fleets in Charge conference have called for action to increase demand in the “stagnating” new electric car retail market.
UK used car sales are expected to increase by 5% year-on-year in 2024, but Auto Trader has warned this rise will be accompanied by “unprecendented shift in used car supply dynamics”.
The Honda e:NY1 has emerged as July’s most sought-after brand-new electric vehicle (EV) and the seventh most in-demand new car across all fuel types, leaping from 254th place in June in the UK.
Auto Trader is celebrating retailers who deliver exceptional customer service with the launch of its Highly Rated 2024 initiative.
Car ownership remains crucial for young people, with the need for a vehicle increasing among 17-24-year-olds, Auto Trader's latest consumer analysis reveals.
Used car finance platform Evolution Funding has appointed Duncan Josey to the newly created role of chief strategy officer.
Luxury derivatives dominated the top 10 list for highest retail margins on Dealer Auction’s wholesale platform so far this year, with Land Rover vehicles continuing to lead.
The Auto Trader summer briefing provided a comprehensive analysis of the electric vehicle (EV) market
