new car registrations
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Manufacturer 13 MarFleet and business will dominate EV sales without incentives, says Polestar boss
Electric vehicle (EV) registrations are set to be dominated by fleet and business for the foreseeable future unless the Government introduces new incentives for retail buyers, say Polestar UK & Ireland chiefs.
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Finance 10 MarFLA forecasts 12% fall in value of used car finance sector in 2023
The Finance and Leasing Association has forecast a 6% decline in the value of the UK car finance sector in 2023 – with used car finance falling by 12%.
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Used Cars 8 MarTesla risks rocky residual values further with more EV price cuts
Tesla has risked further hit to used car residual values and increases to monthly finance payments with further price cuts to certain models in its electric vehicle (EV) line up.
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Market Insight 7 MarVan buyers ignore plate change as registrations soar in February
Van buyers were seemly unphased by the March plate change as February delivered record registrations for new light commercial vehicles (LCVs).
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Market Insight 6 MarVW Group, Nissan and Dacia among February's car registrations winners
Volkswagen Group, Nissan and Dacia were among the new car market’s triple digit percentage growth winners as car manufacturers celebrated a seventh month of UK automotive sector growth in February.
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Market Insight 6 MarFebruary’s 26.2% registrations growth shows ‘taps are reopening’ on new car supply
The UK’s new car market experienced a 26.2% year-on-year rise in registrations to register a seventh consecutive month of growth, The Society of Motor Manufacturers and Traders (SMMT) has reported.
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Car Dealer News 1 MarCar retailers bid to recreate excitement of ‘dream’ of number plate change day
Car retailers across the UK have spoken of a desire to generate the excitement of a “dream” March number plate change month as new 23-plate cars were handed to customers this morning.
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People News 1 MarEx-Lookers duo Andy Bruce and Nigel McMinn invest in CX tech firm
Ex-Lookers chief executive Andy Bruce and former chief operating officer Nigel McMinn have joined the board at car handover technology firm AutoBuzz after investing in the customer-focussed start-up.
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Market Insight 23 Feb
Europe’s car registrations may never return to pre-pandemic levels, says Jato
Jato Dynamics has suggested that Europe’s new car registrations volumes may never recover to pre-pandemic highs following 11% year-on-year growth in January.
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Manufacturer 22 FebStellantis targets ‘transformative’ US growth after record 2022 results
Stellantis chief executive Carlos Tavares is targeting a “transformative journey” towards electrification in the US after revealing record 2022 financial results for the car manufacturing giant.
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Market Insight 21 FebThe likely winners in the new car race
Deep analysis of 2022's UK new car market shows parental lineage gives no guarantees when ambitious new car brands like MG and Kia can go the distance
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Manufacturer 10 FebMercedes CEO ‘excited’ by agency model despite two-tier car retail sector concerns
Mercedes-Benz UK chief executive Gary Savage has said he finds the roll-out of the brand’s direct-to-consumer agency model car retail strategy “hugely exciting” – despite agents' two-tier car retail sector concerns.
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Market Insight 6 FebNew car registrations predicted to increase by 6% in 2023
Cox Automotive predicts that new car registrations will increase by 6% in 2023 to 1.71 million.
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Market Insight 6 FebMG HS is UK’s best-seller but VW tops January sales charts
MG’s flagship HS SUV was the UK’s best-selling car in the first month of 2023 but Volkswagen registrations exceeded closest rival Ford by 36% to start the year as the biggest selling brand.
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Market Insight 6 Feb
New car market still ‘fragile’ despite 14.7% January growth, says SMMT
Society of Motor Manufacturers and Traders (SMMT) chief executive Mike Hawes has said the economic outlook, cost-of-living crisis and anxiety over new technology mean the new car market remains ‘fragile’, despite 14.7% January growth.
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Market Insight 2 FebPeugeot 208 ends VW Golf’s 15-year run as Europe's best-selling car in ‘troubled’ 2022
Peugeot’s 208 hatchback ended the Volkswagen Golf’s 15-year reign as Europe’s best-selling car as the region’s troubled automotive sector suffered a third consecutive year of declining sales in 2022.
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Manufacturer 26 Jan
Tesla still the ‘EV brand to beat’ after Q4 profit rise
Tesla proved that it remained the “EV brand to beat” after Q4 deliveries drove a 59% rise in profitability for Elon Musk’s zero-emissions car brand.
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Car Dealer News 11 JanGravells Bridgend retains Kia UK dealer of the year award for 2022
Gravells’ dealership in Bridgend has retained Kia UK’s dealer of the year award at an event which also celebrated the Korean carmaker’s landmark 100,000 registrations performance.
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Manufacturer 5 JanKia UK CEO Paul Philpott: Our ambition won’t stop at 100,000 registrations
Kia UK president and chief executive Paul Philpott has insisted that the Korean carmaker’s ambitions will not stop with after it delivered its 100,000 registrations landmark in 2022.
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Market Insight 5 JanVolkswagen’s bumper December makes it UK’s best-selling car brand in 2022
Volkswagen retained its position as the UK’s best-selling new car brand after bumper December registrations accelerated its performance ahead of US rival Ford.
