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.
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.
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.
Car supermarkets grew their stock of used vehicles by an average of 11% during September in an effort to capture car buyers looking to buy in the key number plate change month, Motors.co.uk has reported.
A third of UK automotive business are already cutting jobs ahead of Brexit and 79.6% have expressed concerns about the split’s effect on their future profitability, according to the findings of an SMMT survey.
Swedish electric vehicle (EV) manufacturer Uniti is set to side-step traditional car retailers when it delivers its £15,100 Unity One zero emissions urban hatchback to the first customers in mid-2020.