Data released by V12 Vehicle Finance shows the fastest-selling models to assist dealers with the acquisitions they make using stock funding. Over the last six months, the following manufacturers have stood out for stock being sold within the first 30 days of funding. Top 10 manufacturers on stocking plan less than 30 days Jaguar – 45% of volume sold … [Read more...]
Car sales rise amid warning on quota
The new car market grew 25.8% in June with 177,266 vehicles registered, according to the latest figures from the Society of Motor Manufacturers and Traders as it warned of problems ahead in 2024. The June performance marks the 11th consecutive month of growth as the industry gradually overcomes the pandemic-induced supply chain shortages that constrained … [Read more...]
Citroen, Land Rover and Tesla “least reliable” – survey
Land Rover Discovery is the most unreliable used car, motorists have told What Car? Magazine. The 2004-2017 model scored just 47.8 per cent in the 2023 What Car? Used Car Reliability Survey, of 25,000 vehicle owners. Worst brand was Citroen and its Stellantis Group stablemates Peugeot and Fiat did little better. The most reliable used car in the survey … [Read more...]
Used spare parts essential for today’s garages
Like most businesses, motor trade companies are currently facing challenges due to the current economic climate and the cost of living crisis. Today many motorists either can't find the car they want to buy due to limited supplies or can't afford to replace their vehicles due to the cost of living crisis placing pressure on personal finances. Therefore, … [Read more...]
Newslines 16 May
Here are the first views of the next generation MINI family, with Oliver Heilmer, Head of MINI Design. Each new MINI model gains its own strong individual character that is expressed in distinctive design features, while exuding individuality with a clear brand affiliation and sustainable materials are another essential part of the new design … [Read more...]
Car makers push fleet & business sales
The UK new car market recorded its ninth successive month of growth in April, with an 11.6% increase to reach 132,990 registrations, according to the latest figures from the Society of Motor Manufacturers and Traders. The performance marks the best April since 2021’s 141,583 units but remains -17.4% down on 2019 volumes. Large fleet registrations grew by a … [Read more...]
Newslines 14 April
Major investment by Caterham owner VT Holdings will increase production capacity by 50% to approximately 750 units per annum. New headquarters will house the production, engineering, motorsport and commercial teams and is due for completion by the end of this year. Volkswagen Commercial Vehicles is celebrating the launch of the new California Surf with a … [Read more...]
Newslines 6 April
Welsh government is very unlikely to see £7.35m it spent on an ill-fated Circuit of Wales racetrack project, it has told the BBC. Officials say there is "little chance" of getting it back from the insolvent company behind the £433M Circuit of Wales after the project fell apart in 2017 when the Welsh government rejected a request to guarantee almost half … [Read more...]
New car sales slowly rising
The first quarter of 2023 has been positive for UK new vehicle sales, said Sue Robinson, Chief Executive of the National Franchised Dealers Association. “It is extremely encouraging to see sales figures starting to emulate pre-pandemic trends, particularly for the plate change month of march and consecutive months of optimism and growth,” she said, … [Read more...]
Newslines 24 March
Returning for its third edition, the International Automotive Photography Awards is back for 2023 and Bentley is proud to sponsor the IAP Awards again this year. The IAP Awards aim to establish and promote the best automotive photography, bringing together a passionate community of like-minded people and showcasing a variety of talent and creative works, … [Read more...]
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