Consumer car finance registered growth for only the fourth time in 2022 as the sector delivered a 4% uplift by volumes and 9% by value.
Stock shortages are expected to trigger a 3% decline in used car sales during 2023, despite a 19% uplift in new car registrations, according to Auto Trader.
In the latest edition of AM Magazine David Francis takes deep-dive into the UK's new car registrations and asks: "Has the market finally reached 'peak premium?'"
Ford remains in pole position to finish 2022 as the UK's best-selling automotive brand after growing its registrations once more in November.
The Society of Motor Manufacturers and Traders (SMMT) said that new car registrations were being energised by electric vehicle (EV) uptake as November delivered 23.5% year-on-year growth.
Rising new car registrations from Volkswagen, Ford and Toyota suggest carmaker’s are starting to learn to deal with the impact of semiconductor shortages on their manufacturing operations, according to Jato Dynamics.
September recorded the UK’s lowest new car finance volumes since 2010 as supply issues continued to disrupt the automotive sector, the Finance & Leasing Association (FLA) has reported.
In his latest in-depth analysis of the UK's car registrations landscape for AM Magazine, David Francis finds the global supply woes and cost-of-living crisis might be favouring affordable car brands.
Experienced motor retailers will share their views about coping strategies for a climate of high costs and constrained sales in the Inspiration Theatre at Automotive Management Live 2022 this Thursday (November 10).
Another near doubling of new car registrations from Ford was led by the doomed Fiesta hatchback during October, Society of Motor Manufacturers and Traders (SMMT) data shows.
The UK automotive sector remains on course to deliver its lowest new car registrations total since 1982, despite a 26.4% growth in October, the Society of Motor Manufacturers and Traders (SMMT) has said.
UK new car registrations predictions for 2023 have been downgraded by between 7% and 15% as Coz Automotive predicts faltering vehicle supplies may not recover until Q3 next year.
Doing the basics well and driving efficiencies will prepare dealers for the eventual comeback of usual car market volumes, according to Cox Automotive insight and strategy director Philip Nothard.
Ford almost doubled its registrations to lead the Society of Motor Manufacturers and Traders (SMMT) ranking of the UK’s best-selling car brands in September.
Registrations of new cars in the plate-change month of September reached 225,269 units; the 4.6% uplift marking the new car market's second successive month of year-on-year growth, SMMT data shows.
BMW doubled its September electric vehicle (EV) sales as zero emissions vehicles secured a market share of 17% in last month’s new car registrations.
Uncertainty surrounding the balance of supply and demand in the automotive sector has created the most difficult period ever to forecast used car value trends, according to Cap HPI.
Motorpoint chief executive Mark Carpenter is rooting for a strong September of new car registrations to get supplies flowing and ease an “overheated” used car sector.
August’s new car registrations winners included Citroen, Cupra, Dacia and Tesla as the retailers helped UK automotive to only its second month of growth in 2022.
A ‘Citroën EVent’ set to be launched on World EV Day (September 9) will give car retail customers £750 off the Stellantis brand’s range of zero-emissions vehicles.
September’s new car sales will be a ‘true barometer’ of the UK’s automotive recovery after a 1.2% rise in August registrations left the sector down 10.7% down year-to-date.
High-performance electric vehicle (EV) brand Polestar has grown its revenues 95% and registrations by 123% during the first half of 2022 – and has yet to expand its one-model car range.
The MG Motor UK franchised car retail network will have capacity to fulfil the brand’s future target “in excess of 90,000 sales” by the end of 2022, says commercial director Guy Pigoukanis.
Supply chain issues causing delays for new car deliveries are causing greater reputational damage to franchised car retailers than their manufacturer partners, a car buyer survey has revealed.
Car retailers will need to help focus on electric vehicle (EV) solutions for fleet operators ahead of an expected surge in sales opportunities for zero-emission cars.
