Auto Trader has painted a positive picture of the car retail sector during March’s COVID-19 ‘Lockdown 3’, with consumer confidence reaching new heights and dealers trading at 90% of normal volumes.
Car retailers balancing supply and demand during COVID-19 ‘Lockdown 3’ trading have delivered a 41st consecutive week of rising used car prices on the Auto Trader classified advertising platform.
Auto Trader has said that January’s 7.4% rise in used car values has given it “confidence we’ll see a quick return to health” as COVID-19 ‘Lockdown 3’ restrictions start to ease.
Auto Trader has reported a 1.6 million uplift in the volumes of visitors to its online car marketing platform and record consumer confidence amid KPIs which could indicate another post-lockdown sales boom.
Auto Trader has predicted that sales of new electric vehicles (EV) could surpass that of traditional petrol and diesel internal combustion engined (ICE) equivalents as soon as 2025.
The average value of a used car advertised on the Auto Trader website grew for a 37th consecutive week despite restrictions placed on the market by COVID-19 ‘Lockdown 3’.
Auto Trader is launching a new virtual forecourt on its website to help dealers enhance their digital presence.
The latest national coronavirus lockdown is doing little to deter car buyers, according to the latest data from Auto Trader.
Jardine Motors and Trustford HR directors Clare Martin and Sharon Ashcroft gained special recognition as the Automotive 30% Club presented its annual ‘Inspiring Women’ automotive sector awards.
Auto Trader has once again renewed its call for car retailers to “hold firm with their prices” amid optimism that pricing will remain strong in Q1 – despite the showroom closures of COVID-19 ‘Lockdown 3’
Auto Trader has announced that it will axe car dealers advertising package fees for February following the announcement of renewed COVID-19 lockdown measures across the UK.
Auto Trader is investing in a multi-million pound advertising campaign that is set to launch on Boxing Day.
The number of people shopping for a car increased markedly after England came out of November's 'lockdown 2', according to data analysed by Auto Trader.
The Government’s decision to bring forward the ban on the sale of new internal combustion engine (ICE) cars to 2030 resulted in a spike in engagement of electric vehicles (EVs) on AutoTrader’s marketplace.
Used car values declined by 2.1% during October and have seen a 2% dip so far in November but there is "no cause for alarm", according to Cap HPI.
The used car sector is showing continued good health in the face of COVID-19 ‘Lockdown 2’, according to Auto Trader.
Auto Trader has claimed that interest in commercial vehicles (CV) has been “unaffected” by the latest COVID-19 lockdown restrictions – with online enquiries up 38%.
Dealer Auction will supply digital auction services to Volkswagen Group UK's franchised car retail networks after signing a preferred supplier agreement with the German OEM.
A survey of in-market car buyers has found that 58% intend to go-ahead with their planned purchase within the next fortnight, despite the start of more stringent COVID-19 lockdown restrictions.
Auto Trader will renew its offer of free classified advertising for car retailers as part of new support measures announced amid new COVID-19 lockdown restrictions in England and Wales.
