Market insight
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Market Insight 13 DecSurvey paints bleak picture of North East motor trade recruitment
More than three quarters (78%) of motor trade businesses located in the North East have revealed that they recruited under-qualified technicians in a bid to plug the sector’s skills shortage.
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Market Insight 12 DecUsed car values remain unseasonably buoyant at BCA
A seasonal downturn in used car values as the holidays failed to impact sales at BCA and strong demand delivered a “strong month for used car activity”.
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Market Insight 12 DecGeneral Election may trigger ‘performance blip’ for car dealers
Car dealers may experience a used car sales performance blip after voters head to the polls for today’s General Election 2019 but the sector is “performing pretty well” in challenging times, according to Cazana.
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Used Cars 11 DecRenault Zoe EV is Auto Trader's fastest selling used car of 2019
Renault’s Zoe electric vehicle (EV) has claimed the title of Auto Trader’s fastest-selling used car 2019 after claiming the top two places in its monthly ranking of vehicles delivering a speedy sale.
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Market Insight 11 DecHybrid car demand is outstripping dealer supply by 8-to-1
Car retailers are being advised to hunt down hybrid used car stock after research revealed that consumer demand for the alternative fuel vehicles (AFV) is outstripping demand by eight-to-one.
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Finance 9 DecKew Vehicle Leasing embraces commission payment disclosure
Kew Vehicle Leasing claims to have become the first leasing broker to openly disclose the amount of finance commission it receives on all regulated Personal Contract Hire (PCH) agreements.
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Finance 9 DecCar finance opportunity still exists despite PCP revolution
Car retailers in the North East of England have the biggest car finance penetration success according to a new compiled survey of over 2,000 UK motorists, conducted by Opinium for InsuretheGap.com.
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Market Insight 6 DecCar dealer profitability ‘likely’ to end 2019 9% down
The average UK car retailer saw profitability decline by 75% year-on-year in October and is likely to end 2019 with a 9% overall reduction in overall profit, ASE has reported.
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Market Insight 6 DecConsumer interest in EVs grew 126% in Q3, says Sophus3
Consumer interest in electric vehicles (EV) grew by 126% in Q3 of 2019 according to data compiled for a Europe wide ‘EV Index’ to determine various markets’ progress in the adoption of alternative fuel vehicles (AFV).
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Market Insight 6 DecAlmost half of car dealers expect 2020 growth despite uncertainty
Almost half of car dealers expect to deliver growth in the coming 12 to 18 months despite the uncertainty surrounding the impending General Election, Brexit and the roll-out of electric vehicles (EV).
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Market Insight 5 DecAutomotive sector recruitment slows ahead of General Election 2019
Increased economic uncertainty in the run up to the UK’s upcoming General Election has been blamed for a slow-down in recruitment for automotive sector job roles.
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Market Insight 5 DecSMMT reports 1.3% November new car registrations decline
The Society of Motor Manufacturers and Traders (SMMT) has reported a 1.3% decline in new car registrations during November as private and business demand continued to falter in the run-up to this month's UK General Election.
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Car Model News 4 DecPorsche Taycan and Tesla Model X achieve top safety ratings
High performance electric vehicle (EV) emerged from the latest round of Euro NCAP crash test with top safety ratings, with both the Porsche Taycan and Tesla Model X emerging with five stars.
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Market Insight 4 Dec'No silver bullet' for inclusion, UK Automotive 30% Club conference hears
Automotive industry leaders were told there is “no silver bullet” to increase female inclusivity in the sector’s key roles as the UK Automotive 30% Club hosted its fourth annual conference.
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Manufacturer 29 NovRenault and Nissan finish bottom of NFDA EV Dealer Attitude Survey
Renault and Nissan trailed rival manufacturers as their retail networks ranked their alternative fuel vehicle (AFV) offerings in the latest bi-annual NFDA Electric Vehicle (EV) Dealer Attitude Survey.
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Car Model News 28 NovVauxhall ends Mokka X compact SUV sales
Vauxhall has stopped taking orders for its Mokka X compact SUV ahead of the arrival of an electrified replacement for the Nissan Juke rival next year.
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Market Insight 28 NovUK car production declined 4% in October, reports SMMT
The Society of Motor Manufacturers and Traders (SMMT) has reported that UK car production declined by 4% during October after issuing a stark ‘no deal’ Brexit warning earlier this week.
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Market Insight 28 NovEurope registers best October new car registrations for a decade
The UK was one of just three European nations to experience a decline in new car registrations the region’s delivered 8% volume growth during October – its best result during the month for a decade.
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Opinion 28 NovAuto Industry's stark new warning on No Deal Brexit, a guest opinion
The British automotive industry has again offered up a stark warning on the impact of a No Deal Brexit.
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Market Insight 28 NovCox Automotive predicts Q1 2020 car sales decline
Cox Automotive has predicted a 1.3% year-on-year decline in new car sales and 2.7% decline in used car sales volumes in Q1 2020.
