Supercars are selling strongly on the used market in Britain. BCA reports strong demand for the luxury and supercar sectors in the UK as sales of high value vehicles in 2017 often substantially outperformed guide price expectations. BCA sold a range of vehicles from the luxury and supercar sectors for over £100,000 last year, including Audi R8 Spyder, … [Read more...]
Finance News
Sales slide indicating worse to come, warn analysts
New car sales in Wales slipped 5.5% in January. Dealers reported 5,333 new cars registered in Wales last month compared to 5,641 12 months ago, the SMMT reported. That was a slightly better performance than the UK combined figure which saw a 6.3% decline with 163,113 new cars leaving showrooms. Bad weather in Scotland seriously impacted on sales north … [Read more...]
Falling car sales hit trade and Government revenues
An estimated £2.6 billion loss of revenue has resulted from the 5.7% fall in new car sales last year given by figures from the Society of Motor Manufacturers & Traders, according to AA Cars. AA Cars explored the key reasons underpinning this decline in new car sales and surveyed almost 20,000 drivers. It found that 31% of motorists blamed this … [Read more...]
Newcomers & incentives lining up
New Citroën C4 Cactus hatchback is now available to order in the UK from £17,265. Benefitting from the Citroën Advanced Comfort programme, this new model represents a European premiere for the brand’s new suspension system with Progressive Hydraulic Cushions™ and a world first for its Advanced Comfort seats. Renault has announced a range of offers on … [Read more...]
Buyers’ back-seat thinking on EVs is changing
Environmental factors have become the second most important consideration to prospective car buyers, behind only price, according to new figures from comparethemarket.com in its latest Premium Drivers report. The new figures show that 25% of people consider environmental impacts, such as fuel, carbon efficiency and alternative fuel, as the most important … [Read more...]
Car dealers warned over money laundering
Car dealers are likely to be facing questions and fines from HMRC if they fail to research big spending buyers. Failure to properly investigate the purchase of luxury cars can land them in serious trouble under money laundering and profits of crime laws, says analytics specialist Fortytwo Data. HMRC is concerned that not all dealers are carrying out … [Read more...]
Improvements before investment, firms tell pollsters
SME manufacturers are looking for productivity gains from their workforce and existing equipment ahead of investment in automation, according to The Engineer. The quarterly survey asked over 280 manufacturers how they plan to increase their business’ productivity, with 43 per cent saying they will invest in new equipment and only 40 per cent planning to … [Read more...]
Brakes still going on used-car sales, reports SMMT
The UK’s used car market declined for a second consecutive quarter in Q3, according to the Society of Motor Manufacturers and Traders. But overall, 2017 remains level with 2,102,078 second hand cars changing hands from July to September, representing a fall of -2.1%. Year-to-date, the market remained at record levels after a bumper first quarter, with … [Read more...]
Stick with diesel and save £380 annually
Motorists could save a minimum of £380 per year by sticking with diesel vehicles according to vehicle data experts cap hpi. The company is warning that motorists could find themselves out of pocket potentially by hundreds of pounds each year if they choose to switch to a petrol model from the diesel equivalent. Expert analysts from cap hpi have … [Read more...]
Tradelines 8 November
BMW is considering whether it needs to recall models in the UK after a million were found with potential fire risks in the US. There are two issues being investigated, one on 3 Series models and the other more widespread and affected models are being examined. Mitsubishi Motors in the UK has answered the changing requirements of today’s car buyers with … [Read more...]
- « Previous Page
- 1
- …
- 203
- 204
- 205
- 206
- 207
- …
- 213
- Next Page »
