Kia Motors UK managing director Paul Philpott has said that the brand can achieve 120,000 vehicle sales after projecting a record 97,000 sales for the brand in 2019.
Sales of new diesel cars have fallen for the 29th month in a row, but the pace of decline is slowing, says the Society of Motor Manufacturers and Traders.
The point of sale (POS) car finance market posted year-on-year declines of 3% by volume and 2% by value across both new and used car sectors during June, according to the Finance and Leasing Association (FLA).
Buyacar has advised car buyers to steer clear of costly options funded by a PCP finance plan – branding the resulting uplift in monthly payments a “rip-off”.
The 10 car manufacturers offering the biggest discounts to buyers accounted for almost half of the UK’s registrations during the first half of 2019, according to What Car?.
Marshall Motor Holdings has reported a 9% decline in pre-tax profits in its interim financial results to June 30, 2019 – despite outperforming the UK’s declining new car market.
The Society of Motor Manufacturers and Traders (SMMT) has said that electric vehicles’ share of new car registrations could double in 2020 after sales almost tripled amid a 4.1% decline in the wider market during in July.
The DVLA’s ‘Register a Vehicle’ (RaV) service has handled over 1.5 million new vehicle registrations in the first year in operation.
Demand for SUVs appeared to stall across Europe during June as the region suffered a 7.9% overall decline in registrations, Jato Dynamics has reported.
Cox Automotive has reiterated its prediction of a 2.9% decline in new car sales for 2019 after the publication of half-year data by the Society of Motor Manufacturers and Traders (SMMT).
A 4.8% drop in private registrations during June closed off a challenging second quarter for the UK’s franchised dealers.
The production of cars in the UK declined by 15.5% during May as demand from domestic motorists for home-built vehicles slumped by 25.9% year-on-year, the SMMT has reported.
Auto Trader is targeting new car buyers with a multi-million pound marketing campaign.
Car dealers registered a “marginal” year-on-year improvement in profits during April, according to ASE – the month’s average total amounting to £5,000.
What Car? magazine has uncovered evidence that car dealers and manufacturers are offering car buyers cash discounts of £16.8 million to attract them into showrooms.
The Finance and Leasing Association (FLA) has revealed that new business in the point of sale (POS) consumer new car finance market fell 2% by value and 7% by volume in April.
Auto Trader’s annual turnover rose 8% to £355.1 million in 2018 as its grew its average profit per retailer forecourt by 9% to £1,844.
New car registrations dipped further into decline as the Society of Motor Manufacturers and Traders (SMMT) recorded a further 4.6% fall during May – leaving the UK’s total sales 3.1% down year-to-date.
Fleet sales’ 2.9% flurry offsets worrying decline in retail new car registrations as Brexit puts off non-corporate customers
Europe’s new car registrations in April matched 2018’s record high for the month as petrol and electric vehicles (EVs) mitigated the effects of declining demand for diesel.