Market insight
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Aftersales 15 JanGarages urged to inform customers of ‘Lockdown 3’ MOT requirement
Garages across the UK are being advised to communicate with customers that vehicle repair and MOT services will remain open during the latest COVID-19 lockdown restrictions.
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Market Insight 15 JanSMEs think businesses have a responsibility to switch to EVs
The majority (94%) of SME owners believe UK businesses have a responsibility change them to electric vehicles (EVs), according to research by Cambridge & Counties Bank.
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Latest News 14 JanScottish car dealers can continue click & collect sales in tighter lockdown
The Scottish Motor Trade Association (SMTA) has confirmed that car dealers are permitted to continue with click and sales amid tighter COVID-19 lockdown regulations announced yesterday.
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Market Insight 14 Jan
Lockdown 3.0 has minimal impact on car buying, says Autotrader
The latest national coronavirus lockdown is doing little to deter car buyers, according to the latest data from Auto Trader.
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Manufacturer 14 JanNew Groupe Renault strategy to include 24 car launches by 2025
Groupe Renault has revealed details of a new “Renaulution” strategy which aims to halve the Renault, Dacia, Lada and Alpine carmakers’ number of vehicle platforms while delivering 24 model launches by 2024.
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Latest News 13 JanUpdated: UK Government reinstates VAT margin scheme for NI used car dealers
The UK Government has confirmed that it is reinstating the VAT margin scheme for cars imported and resold by car retailers in Northern Ireland – avoiding pressure on dealer margins and price increases for customers.
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Finance 13 JanConsumer car finance volumes fell 24% in November, FLA reports
Consumer car finance business volumes declined by 25% during November according to the latest market data from the Finance and Leasing Association (FLA).
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Market Insight 13 JanVRA launches 'New Normal Briefing' webinar series
The Vehicle Remarketing Association (VRA) is launching a new series of webinars to support the remarketing association with its preparations for the end of the coronavirus pandemic.
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Latest News 13 Jan
Could car retail be hit be COVID-19 lockdown ban on click and collect?
Car retailers could be among a range of businesses whose click and collect sales capability is banned under tighter COVID-19 lockdown measures being considered by Government, it has been claimed.
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Market Insight 13 Jan
Car buyers’ consumer confidence three times higher than in first lockdown
Consumer confidence among in-market car buyers is three times higher than during the UK’s first COVID-19 coronavirus lockdown during H1 2020, a What Car? survey has found.
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Market Insight 12 JanNew COVID-19 lockdowns render car retail profit growth ‘unachievable’
The emergence of the more virulent strain of COVID-19 coronavirus and renewed lockdown restrictions made the average car retailers’ bid to match their 2019 profits “unachievable” last year.
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Used Cars 11 JanAuto Trader renews call for dealers' ‘robust’ used car pricing
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’
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Used Cars 11 JanPrice rises left used EVs ‘unsold on dealer forecourts’ in 2020
Used electric vehicles (EV) appear to have fallen out of favour with car buyers struggling to justify their cost in comparison to petrol and diesel alternatives, according to Autorola.
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Market Insight 8 JanSix key employment issues demand car dealers' focus in 2021
Brexit and COVID-19 have combined to a create a variety of challenges for car dealers attempting to manage their workforce over the past ten months.
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Market Insight 6 JanCOVID-impacted UK car market suffered 29.4% decline in 2020
The UK’s franchised car retailers have been praised for their ability to adapt and meet the challenges of COVID-19 pandemic after the SMMT reported a 29.4% decline in new car registrations during 2020.
