Used retail prices have continued to stabilise in July as the market returns to seasonal norms, according to the latest data from Auto Trader.
New car registrations have seen two straight years of growth, but this is against a continued backdrop of weakening retail and electric vehicle demand.
Car breakdowns increased year-on-year by 12.7% in 2023 due in part to an ageing UK vehicle parc, according to Green Flag.
UK car buyers are interested in a used electric vehicle, but confusion and uncertainty is continuing to drive down overall used prices.
UK used car sales are expected to increase by 5% year-on-year in 2024, but Auto Trader has warned this rise will be accompanied by “unprecendented shift in used car supply dynamics”.
The Financial Conduct Authority (FCA) has confirmed it will set out the next steps into its review of discretionary commission arrangements (DCA) in May 2025.
Consumer confidence is starting to improve, with one in five drivers actively looking for their next car, according to research by AA Cars.
Steer Automotive Group has opened a new repair centre near Southampton that is dedicated to electric vehicle repair.
The rate of decline for used EV prices is showing signs of improvement, with a 1% drop the best month so far this year, according to new data from Cap HPI.
The first half of the year has seen unprecedented activity for used light commercial vehicles (LCVs) driven by strong demand and ongoing de-fleet initiatives, reports Cox Automotive.
The average three-year-old used electric vehicle (EV) is now 43.8% cheaper than it was 18 months ago, according to Indicata's latest Market Watch report.
Our analyst ponders whether more private buyers will come out of hiding for new cars in H2 now a new government is in place and OEMs are fighting to win consumers' attention
The Honda e:NY1 has emerged as July’s most sought-after brand-new electric vehicle (EV) and the seventh most in-demand new car across all fuel types, leaping from 254th place in June in the UK.
As the UK is set to restore its 2030 ICE ban, Renault chief Luca De Meo has questioned the timeline for the transition to electric vehicles (EVs) in Europe, insisting the French car maker needs to reduce costs to meet its EV goals.
Cazoo's collapse is being blamed on the limited potential for online-only motor retail. according to research from July's Startline Used Car Tracker,
June marked a return to growth for new car registrations in the EU. despite first half fluctuations
Despite positive overall results for new car registrations in the first half of 2024, there are worrying signs of slowing growth, according to JATO Dynamics first-half analysis of new passenger car registrations in 28 European countries
Carwow has reported a dramatic increase in consumer awareness of BYD following the brand's headline sponsorship of Euro 2024.
The leasing sector is increasingly turning to used car leasing to adapt to volatility in the electric vehicle (EV) market.
Consumers of all generations are increasingly turning to digital platforms for car buying, particularly for electric vehicles (EVs).
