Used cars ended Q1 with a third successive month of rising values at BCA auctions after what chief operating officer Stuart Pearson described as a “very encouraging start to 2023”.
Used electric vehicle (EV) buyers can afford to be more aspirational with their car purchasing plans thanks to value declines that have impacted premium products hardest, according to Cap HPI.
INEOS Automotive has revealed plans to follow-up its Land Rover Defender-rivalling Grenadier 4x4 with a more compact, zero-emissions off-road vehicle.
Car buyers are "releasing the handbrake" on their purchase plans, with six-in-10 planning to buy their next vehicle within the next 12 months, according to new research.
The under-pricing of used car stock cost UK car dealers £25.5 million in missed retail opportunity in March alone as average values continued to rise, Auto Trader data shows.
Kia has outlined its plan to grow its profit contribution from electric vehicle (EV) sales more than 10-fold as annual zero emissions vehicle volumes grow to 1.6 million by 2030.
The Finance and Leasing Association has predicted a 6% decline in car finance during 2023 after new business volumes declined 5% in February.
New car registrations ended Q1 2023 on a high after demand from large fleets drove year-on-year volume growth of 18.2%.
New and used car handovers were down 29% in March as supply challenges continue to “plague” the automotive retail sector.
Average used car stock levels fell for the third consecutive month, in March, reaching a six-month low, according to eBay Motors.
Stellantis and Ford remain bullish about their electrified future despite the UK Government’s threat of £15,000 per car fines for OEMs who breach its proposed electric vehicle (EV) sales mandate.
The Government has pledged to stick to its plan to ban the sale of new petrol and diesel cars from 2030 as it revealed its Powering Up Britain strategy to transform the UK’s energy infrastructure.
Society of Motor Manufacturers and Traders (SMMT) chief executive Mike Hawes has said the UK’s car manufacturing sector is “on the road to recovery” following a 13.1% growth in production volumes in February.
Declining values among older, more affordable used cars could be an indicator that the market is set to dip after March delivered another decrease in average vehicle prices, according to Cap HPI.
WhatCar? has revealed the best models for buyers that need a car to fit three or more child seats.
Used car dealers are avoiding high value used cars for stock and only buying such vehicles to order, according to Aston Barclay.
Speculation is growing that the UK could ease back on plans for an all-out ban on the sales of new petrol and diesel cars from 2035 after the EU drafted legislation to allow vehicles powered by e-fuels.
The number of car buyers who have bought a used car without seeing it first has doubled since the Coronavirus pandemic.
Used car buyers looking for an electric vehicle (EV) are prepared to wait up to 12 months for further price drops, according to new research.
LSH Auto UK has added the Chinese BYD electric vehicle (EV) franchise into its flagship Mercedes-Benz premium car dealership in Stockport.
