Franchised car retailers will benefit from growing sales of electric and hybrid vehicles as consumers consider them their most trusted option for maintenance and servicing, the NFDA’s Consumer Attitude Survey.
Franchised car dealers could see their new car sales “largely replaced” by manufacturers’ online retail platforms and mobility schemes, according to KPMG research to be discussed at the AM Digitech conference.
Buyers of new Porsches spend an average of £7,121 on optional extras, the highest in the market according to Cap HPI.
Part-exchange vehicles posted strong performance at auction during March to deliver a boost to car dealers at the end of Q1, according to new figures from Cox Automotive.
Jato Dynamics has concluded that changes to vehicle emissions test standards across Europe are set to “result in higher purchase and ownership” costs for motorists.
Strong competition for used car stock saw prices rise by an average of 1.7% at auction, according to the monthly BCA Pulse report.
The Government’s gender pay gap reporting demands could “remove barriers” and create greater opportunities for women to rise to the top of the automotive retail sector, it has been suggested.
Car retailers posted a monthly loss of £18,000 in February as new car margins continued to deteriorate ahead of a disappointing month of registrations in March.
New drivers are spending an average of £4,627 on their first car, with the Ford Ka the most popular model.
Renault and Nissan could be preparing to cement their relationship with a merger that would see the French and Japanese car manufacturers form a single corporation, reports have claimed.
The Society of Motor Manufacturers and Traders (SMMT) has set out its priorities to assure the UK automotive industry’s future success – a year ahead of Brexit.
The average franchised car dealer missed out on £429 million of aftersales income by selling just 53% of urgently required work, according to the findings of autoVHC’s annual aftersales report.
Drivers in the West Midlands are paying £177 more to run their cars than any other region in the UK, prompting them to buy smaller, more efficient cars.
A partnership between Shell and ITM Power has resulted in the opening of the UK’s first hydrogen filling station to share a forecourt with petrol and diesel fuel pumps.
Cap HPI has reported that used car prices have risen an “eye-opening” 1.2% since the start of the year, following a 0.4% increase so far in March.
Government has granted local authorities an additional £100 million to help repair potholes caused by ice and snow.
Buyacar has highlighted car dealers’ “dash to pre-register cars” by identifying the top 18-plate used car bargains for potential customers – just weeks after the March plate-change got underway.
Europe’s continued growth in new car registrations “could become dependent on a select few markets” after 13 of the region’s 27 markets register sales declines, Jato Dynamics has revealed.
The point of sale (POS) consumer car finance market increased 7% by volume and 13% by value in January, according to the Finance and Leasing Association (FLA).
The average price of a used car sold at auction rose by 16.7% year-on-year in February, according to The National Association of Motor Auctions (NAMA) car auction data.
