Wholesale funding software experts at Sword Apak expect that the UK used car market will "remain resilient” in the face of both economic and political changes during 2017.
Retailers and suppliers across the automotive sector have expressed their concern over a continued period of uncertainty after Theresa May’s bid for a stronger mandate backfired in last week's general election.
The year’s busiest month for car registrations could be followed by a significant fall if the UK follows the pattern of April results already recorded by key European markets.
Fleet again props up the market as just five brands account for 80% of 48,236-unit rise in first-quarter registrations
Used car values dropped by 1.6% during April with sectors defined as Lower Medium and City Car by Cap HPI seeing the biggest slide.
A survey of 6,000 garages across the UK has identified that franchised retailers charge an average of 40% more than their independent rivals for an hour's workshop labour.
The Government has pledged its continued grant support to motorists buying an EV as it announced £109 million of funding for research into autonomous cars and low-emissions transport.
Consumer car finance volumes fell by 2% in February according to new figures released by the Finance and Leasing Association (FLA).
New data from CarGurus has highlighted Liverpool as the cheapest place to buy a used car as it created a ranking of the most affordable and most expensive cities across the UK.
Used car prices rose by 11.2% year-on-year in February as buyers continued to compete strongly for stock despite rising volumes of vehicles entering the market, according to BCA.
The Institute of the Motor Industry (IMI) and ITN Productions have teamed-up to launch a news and current affairs-style programme.
Auto Trader has said that the findings of its latest Market Report are “good news for dealers” as 81% of car owners expressed a desire to own a car throughout the course of their lifetime.
A hybrid has taken the top spot in Auto Trader’s rankings of fastest selling cars for the first time – Toyota’s Prius topping the table in February.
March is set to "dominate" 2017 in new car sales terms as a growing trend for record monthly sales comes to a head, according to analysis by automotive data experts Cap HPI.
BMW emerged as the most trusted car manufacturer when it came to driverless car technology in a survey conducted by car tracking company Satrak.
The apprenticeship levy risks being “poor value for money” as it draws an additional £2.8 billion from private business but yields just a £640 million rise in government spending, according to a report by the Institute for Fiscal Studies.
Ford, Vauxhall and Volkswagen have all lost market share in a record registrations year
Success over the next three months is vital for dealerships and manufacturer finance offers are a key weapon in the lead-up the March plate change.
Car finance products have been highlighted as a key driver of profits as 65% of car dealers told a survey by Close Brothers Motor Finance that they expected to achieve growth in 2017.
Cap HPI has put digital services at the heart of its plans after announcing plans to bring an end to its printed editions, stating “it has outgrown the printed format”.
