New car registrations collapsed to a 24-year low last month, despite bulging orders which car makers cannot supply. UK new car registrations fell by -14.3% to 243,479 units in March, according to the latest figures from the Society of Motor Manufacturers and Traders. Wales bucked the trend and saw 9,523 new cars registered with the new 71-plate in March, a … [Read more...]
Tradelines 6 April
Volkswagen Commercial Vehicles is discounting fixed-price and All-In service plans for customers by 25 per cent, providing enhanced value and reassurance over service and maintenance costs. Commercial vehicle owners looking for added reassurance and value will benefit from a 25 per cent discount on fixed-price servicing and All-In service plans taken out … [Read more...]
EVs beyond reach for 1-in-5 motorists
Almost 20% of the UK cannot afford even the cheapest electric vehicle through finance. The study by car insurance experts CarInsurance.ae used ONS survey data to compare the average monthly income in each area with the estimated cost per month of financing a new electric car. The study based the figures on the 20/4/10 rule for financing a car, which … [Read more...]
Newslines 18 March
Automobili Lamborghini concluded the financial year 2021 with the best results ever in terms of sales, turnover and profitability, confirming a solid and winning strategy. The Italian supercar maker saw sales rise 13%, turnover went up 19% and profits improved 20.2%, said Stephan Winkelmann, Chairman and CEO of Automobili Lamborghini. The average annual … [Read more...]
Motorists reconsidering ev options for new cars
The latest survey of 300 UK motorists by Venson Automotive Solutions revealed that the anticipated 54% rise in electricity and gas bills next month is impacting car buyers’ decisions on switching to electric vehicles. Although electrified vehicles accounted for more than a third of all new cars leaving dealerships in February, Venson’s survey showed that a … [Read more...]
40 years of Victoria Park Mazda in South Wales
In a year that saw the first Mazda vehicles roll off the Hofu Plant No.1 production line, Mazda welcomed Victoria Park Mazda to its UK dealer network. Now marking its 40th Anniversary, the Welsh dealership has received a commemorative plaque to celebrate the significant milestone. Established as a Mazda dealership since 1982, Victoria Park Mazda is … [Read more...]
Lexus, Kia and Toyota are UK’s best brands
Lexus is Britain's best brand to be selling, according to the latest poll for the National Franchised Dealers Association. It is encouraging that despite the challenges affecting our industry, franchised dealers show high levels of satisfaction around a number of key business areas, particularly current profit, margins on used cars and manufacturers’ … [Read more...]
EVs lead sales recovery – Government must help
UK new car registrations rose by 15.0% in February as 58,994 new cars joined Britain’s roads, said the Society of Motor Manufacturers and Traders. The rise of 7,682 units was in comparison with the same month in 2021, when the pandemic shut car showrooms across the UK. Despite this positive performance, registrations are down -25.9% on pre-pandemic levels, … [Read more...]
EV sales double in a year in UK
Latest UK data shows sales of electric cars have more than doubled in 12 months and two in three new Jaguars sold are now fully electric. This data is from New AutoMotive’s Electric Car Count – the most up-to-date and comprehensive electric car sales data in the UK. UK manufacturer Jaguar is the brand that is quickest to electrify, with 62% of … [Read more...]
Code tightens up on delivery snags
A new voluntary industry standard covering dealer deliveries of cars and vans to fleet customers has launched with the Association of Fleet Professionals. The AFP Dealer Standard consists of 28 points covering pre-delivery standards, the condition of the vehicle on handover and familiarisation with its key functions. Paul Hollick, chair at the AFP, … [Read more...]
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