Car manufacturers' lure bonus payments and VAT incentives is continuing to push new vehicles onto car dealers books, the value of unsold stock rising 16% in a year according to UHY Hacker Young.
Domestic demand and exports dipped in August as UK car manufacturing experienced a 5.4% fall in production volumes, according to the SMMT.
China and India will boost worldwide sales growth in 2017 and 2018 as the market approaches 100 million new vehicle sales despite ongoing decline in the US and UK markets, according to Euler Hermes.
The John Clark Motor Group will grow through the post-Brexit period despite a “ongoing political uncertainty” and a “stable but fragile economy”, according to a statement made following the publication of its 2016 financial results.
New research from Carwow has revealed that millennials are renting or financing cars due to surging living costs and a desire to drive new vehicles.
New car customers are losing out on an average saving of £800 when purchasing a new motor because politeness prevents them from haggling with retailers, new research suggests.
Consumers change their cars more often than they do their smartphones as their mindset shifts towards “usership rather than ownership”, according to HPI.
The Motor Ombudsman has revealed that 54% of young drivers do not know where to turn when selecting a dealership from which to buy their new car.
New car registrations fell 6.4% in August but the SMMT expects “historically high levels of demand” to continue as motorists flock to buy September’s 67-plate vehicles.
Scrappage scheme fever gripped the UK as six car manufacturers launched incentive schemes aimed at boosting new car sales and reducing exhaust emissions.
Marshall Motor Holdings' chief executive Daksh Gupta said that the group was in a “great position to continue outperforming the market” after profit before tax rose 32.9% in a record set of interim results.
Suzuki dealer swill offer £500 off every new car order as part of its #SuzukiSaturdays national sales event.
Perrys Group has recorded its sixth year of rising revenues in its financial results for 2016 – with revenues up 5.4% to £661.4m.
The Government’s lack of clarity on Brexit and clean air policies has been blamed for the fourth consecutive month fall in new car registrations in July - down 9.3%.
Pendragon chief executive Trevor Finn has reiterated the group’s intention to double used car revenue by 2021 after its H1 financial results revealed a 5.8% fall in new car sales revenues.
Q2 new car registrations rise at just eight car manufacturers as UK consumer spending slows.
Inchcape has reported that its UK trading profit was “broadly flat” as its global distribution operation helped the business bolstered revenue growth in the first half of 2017.
Motorists in the West Midlands emerged as the keenest adopters of AFVs as electric car registrations reached their highest ever levels in H1, 2017.
A third consecutive month of falling new car sales was registered by the SMMT during June but the market finishes H1 with its second biggest registrations total ever.
European new car registrations contrasted those in the UK with an overall rise of 7.5% during May.