Auto Trader made an average 10% more from each of its dealer customers’ forecourts in the last financial year.
The 2017 new car market has slipped into overall decline after a poor result for May.
UK dealers' Q1 profits were up 20% year-on-year, but new car volumes are off to a slow start in the first half of Q2, they warn AM.
Car sales star Wayne Lovick won a trip to attend the World Touring Car Championships in Hungary after racing to Honda's sales charts with the all-new Civic.
JCT600 has recorded revenues up 7% to £1.222 billion amid challenging market conditions which prompted a £2.8 million fall in operating profit.
Lookers has reported 30% growth in used car turnover during a “buoyant” Q1 which saw retail volumes and rising profit across the board.
New car registrations fell 19.8% to 152,076 units in April, blamed on the Vehicle Excise Duty (VED) changes, but year-to-date performance still at record levels.
The year’s busiest month for car registrations could be followed by a significant fall if the UK follows the pattern of April results already recorded by key European markets.
Fleet again props up the market as just five brands account for 80% of 48,236-unit rise in first-quarter registrations
This month’s widely anticipated downturn in demand for new cars could be less pronounced than some have feared.
Dealers are predicting March’s record sales will lead to lower sales through the second quarter of the year.
Well over half a million new cars were registered in March 2017, setting a new record, as dealers delivered new vehicles ahead of the punitive new VED regime
Profits at Porsche soared to record levels to realise operating profits of £3.4 billion as a fall in sales and the dieselgate fallout saw its Volkswagen’s results falter in 2017 – falling 2ppts to £1.7 billion.
Demand for new cars in February suffered a 0.3% decline year-on-year to 83,115 registrations.
March is set to "dominate" 2017 in new car sales terms as a growing trend for record monthly sales comes to a head, according to analysis by automotive data experts Cap HPI.
Vertu Motors has said that it has “considerable firepower for growth” heading into a new year which presents the threat of lower new car volumes and rising operating costs.
Car sales across the European Union will grow by at least 2.8% in 2017.
Pendragon has set out a plan to double its used car revenues in 2017 after new car turnover declined 1.4% in 2016 – despite a 1.9% overall rise in revenue to £4.54 billion.
The UK new car market achieved a 12-year high in January, with a 2.9% uplift in registrations. Private registrations were up 5%.
Hyundai has “ventured into the unknown” with its new Click and Collect online sales platform, but 30 sales in the first three weeks suggest customers will embrace the concept.