Market insight
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Car Model News 21 NovAston Martin DBX SUV ‘will double dealers' sales volumes’
Aston Martin’s debut SUV – the St Athan-built DBX – will double sales volumes for the iconic sports car brand’s UK franchised dealers, according to Cambria Automobiles chief executive Mark Lavery.
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Market Insight 21 NovCar dealers spell out EV improvements needed on Road to Zero
Over a third of car retailers (34%) believe that half of the new cars sold in the UK will fall into the Government’s ultra-low emission vehicle category by 2030.
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Market Insight 20 Nov
Intelligent Car Leasing launches car subscription service
Intelligent Car Leasing claims to have launched the market’s first broker-provided car subscription service in partnership with the Wagonex car subscription marketplace platform.
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Used Cars 15 NovAudi Q3 was October’s fastest-selling used car, says Indicata
Small SUVs dominated October’s fastest selling used car rankings as the Audi Q3 led the pack, according to data published by Indicata.
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Manufacturer 15 NovMazda, Mercedes and Ford models gain 5-star Euro NCAP safety ratings
Mazda’s new CX-30, Mercedes-Benz GLB Class and Ford Explorer were all awarded five-star overall safety ratings as the new Vauxhall Corsa fell short in the latest round of Euro NCAP crash tests.
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Supplier News 12 NovDocumented vehicle history affects 90% of car buyer decisions
Research conducted among 2,000 motorists has shown that 90% of car buyers are more likely to make a purchase when if presented with accurate vehicle service history documentation, revealed HPI.
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Opinion 11 NovGuest opinion: Shaken not stirred? Aston Martin slumps to £13m loss
James Bond’s favourite carmaker Aston Martin Lagonda last week recorded a £13m loss for the last quarter, pointing to tough trading conditions in the UK and Europe along with disappointing sales of its Vantage two-seater sports car.
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Used Cars 11 NovRenault’s Zoe EV dominates Auto Trader fastest-selling car rankings
Auto Trader has said that the Renault Zoe’s dominance of its fastest selling used car rankings for November demonstrates car buyers’ growing appetite for electric vehicles (EV).
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Market Insight 7 NovVolatile October had car buyers 'tightening their belts', says Cazana
October has been a volatile month politically and economically with warnings around future investment in the UK and the viability of running certain business types amid major UK business failures in the retail sector.
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Market Insight 7 NovASE reveals car dealers’ September profits rose £3,000
The latest car dealer profitability analysis from ASE has revealed that the average retailer experienced a £3,000 year-on-year increase in profits during September.
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Finance 6 NovConsumer car finance market grew 4% in September, reports FLA
The consumer car finance market achieved year-on-year growth of just 4% by volume and 7% by value during September – despite last year’s WLTP-impacted decline.
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Market Insight 5 Nov‘Substantial network reductions’ required to increase car dealer profits
Substantial franchised car retail network reductions and restructuring is required if operators are to benefit from a significant increase in the profitability of operators, according to a new report published by the ICDP.
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Market Insight 5 NovOctober car sales decline 6.7% amid UK consumer confidence crisis
New car sales declined by 6.7% during October as consumer confidence dipped to its lowest level for six years as talk of a December General Election grew in volume as another Brexit deadline loomed.
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Digital Marketing 5 Nov
Car dealership enquiries rose 20% in Q3, says Marketing Delivery
The volume of customer enquiries made to UK dealerships rose by 20% year-on-year during Q3 of 2019, according to new data published by Marketing Delivery.
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Market Insight 25 OctVW and Tesla winners as European car sales rise 14% in September
Volkswagen and Tesla were among the European new car market’s biggest market share winners as registrations in the region rose by 14% during September, Jato Dynamics has reported.
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Market Insight 25 OctNFDA shows franchised car dealers’ appeal amid ownership headwinds
The National Franchised Dealers Association (NFDA) Consumer Attitude Survey has revealed evidence of consumers increased interest in car dealership visits despite warnings that buyers intention is failing.
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People News 24 OctAverage car dealer salary drops for the first time in five years
The average dealer staff pay package, excluding management positions, fell by 3% to £40,000, according to the latest figures from the BDO Motor Salary Survey.
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Fleet 24 OctProfit squeeze prompts dealers to 'cash-in' on leasing division disposals
Franchised car retail groups are choosing to exit the UK fleet sector as their leasing divisions attract big offers from banks and car manufacturers amid a squeeze on profits from their core retail operations.
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Market Insight 23 OctLow income Londoners benefit from £2,000 ULEZ car scrappage scheme
The Mayor of London Sadiq Khan will give low income and disabled Londoners the chance to swap into a lower emitting new vehicle with the extension of the capital’s £2,000 vehicle scrappage allowance scheme.
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Fleet 23 OctSandicliffe Motor Contracts makes UK fleet market exit
Sandicliffe Motor Group’s Sandicliffe Motor Contracts (SMC) is pulling out of the UK fleet market due to continued pressure on profits and “challenging trading conditions” in the sector.
