The sales team at North Wales-based motor finance technology specialist iVendi is aiming high for its monthly sales meeting on 12 April. It will be held at the top of Mount Snowdon, at 3,560 feet, the highest peak in Wales, with the team ascending via the fabled Pyg Trail. The walk is being sponsored in aid of a charity based within iVendi's Abergele … [Read more...]
Retail
Consumer demand key to market stability
Following another record month for new registrations in March, at 5.3% growth, cap hpi is warning that consumer demand is key to market stability. The vehicle data specialists have reported a healthy used car market with demand strong at the auctions and on the forecourt, but detailed analysis by cap hpi over the next few days of the latest SMMT figures … [Read more...]
Pre-registrations inflate March sales before Brexit vote
Car makers and dealers are pre-registering high numbers of vehicles to overcome possible sales slowdown if the UK votes to leave Europe, says Rupert Pontin, Head of Valuations, Glass’s. Reflecting on over 500,000 registrations in March, the highest since 1999, he said, “It is very interesting to see that new car registrations have seen another healthy … [Read more...]
Van sales improved in March after cars boost as well
The new van market finished the first three months of the year on a high, with a 3.3% uplift in demand in March, according to the Society of Motor Manufacturers and Traders. The 63,913 registrations made in the month represented some two thirds of the quarter's total volume, with almost 99,000 new light commercial vehicles (LCVs) hitting British roads in … [Read more...]
March car sales set century record
The UK’s new car market grew by 5.3% in March, making it the biggest ever month since the bi-annual plate change began in 1999, according to the Society of Motor Manufacturers and Traders. It says 518,707 new cars were registered in March, only the third time the market has surpassed half a million units in a single month. The month rounded off a … [Read more...]
RAC Passport scheme gets dealers’ stamp
More than 200 dealers signed up to the new RAC Car Passport for dealers in its first week. The new provenance check has been designed to provide a lower-cost alternative to competing products while offering high quality data and the reassurance of the RAC name. Robert Diamond, managing director of Motoring Services at the RAC, said, "Things have moved … [Read more...]
Demand sees used values outperform seasonal trends
Cap hpi say healthy demand saw stable used values in Black Book live during March with a small average increase of 0.1%. While the average three year old / 60,000 mile vehicle saw a minimal increase, some sectors saw stronger rises, with convertibles increasing by 1.6% and City Cars by 0.5%. Commenting on the trend, Derren Martin, senior editor of … [Read more...]
Motorline Maserati horsepower backs Castell Polo
Wales based polo organisation Castell Polo has secured a major sponsorship deal with Motorline Maserati Cardiff, the exclusive dealer in Wales of the prestige Italian ‘super car’. Motorline Maserati will be headline sponsor of Polo in The City on Saturday 25 June 2016 in Bute Park. General Sales Manager of Motorline Maserati Cardiff, Lyn Evans (right) … [Read more...]
Doing the white thing can cost you dear
Whilst white used to be a free colour choice from manufacturers, figures from cap hpi reveal that eight out of the top 10 new car models ordered in 2015 added an extra premium of at least £250 to go a whiter shade of pale. However, one in five new cars sold in 2015 was white, making it the most popular colour for car buyers for the third year running. … [Read more...]
Cars to cuisine on a plate
From luxury cars to mouthwatering cuisine, Motorline Maserati has it on a plate. A dozen buyers who ordered their famous sporting cars from the Penarth Road. Cardiff dealership for March will be toasting their choice with fine prosecco and a bespoke Italian meal for two over the next few months. The Italian experience has been developed by … [Read more...]
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