It is positive to see that, following the best first half-year performance since 2019, the used car market has continued to demonstrate robust growth in this quarter, despite challenging conditions, said Sue Robinson, Chief Executive of the National Franchised Dealers Association. The used car market experienced growth of 4.3% between July and September, … [Read more...]
Call to review EV law in Britain & Europe
The National Franchised Dealers Association is urging the new Labour Government to meet with representatives of the automotive retail sector at the Labour Party Conference and do more to stimulate the market for electric vehicles. The NFDA’s is calling for action in three essential areas to support the industry’s growth and sustainability: 1. Stimulating … [Read more...]
New car sales slow ahead of new plate change
August signalled the end of two years of growth in the new car market, a disappointing development despite traditionally being a quiet month, according to Sue Robinson, Chief Executive of the National Franchised Dealers Association, commenting on the latest SMMT new car registration figures. In August, a total of 84,575 new cars were registered, a decrease … [Read more...]
Tradelines 14 August
The new car finance sector saw new business by value drop by 6% year on year to £1.545m, with the number of cars financed down 12% at 55,097 in June, according to the Finance and Leasing Association. The used car finance sector didn’t fare any better, with new business value down by 13% on June 2023 at £1.67m and the number of cars financed down 10% at … [Read more...]
Car makers facing penalties as EV sales fall
Private buyers are turning their backs on new pure electric cars but hybrids are selling well and there's industry concern that the Labour Government's "green" targets will be missed and manufacturers will pay big penalties. July signals a twenty-fourth month of consecutive growth for the new car market, reaching an impressive milestone of two full years … [Read more...]
Wish list to put the wheels under UK economy
Following last week's General Election, the automotive sector has written its wish-list for the new Labour Government and what it sees as priorities to boost sales and the economy on wheels. The RAC is calling for the new Labour Government to urgently tackle the most pressing concerns of the UK’s 40m motorists in its new transport policy. The poor state … [Read more...]
Newslines 28 May
Just one in four drivers (26%) say that it is safe to make a hands-free call while driving, new findings show. May’s Startline Used Car Tracker also shows that 36% don’t make hands-free calls because they believe them to be risky and the research also shows that 16% make hands-free calls but acknowledge their concentration on driving is worse, and 22% say … [Read more...]
Government rejection of EV plans disappoints
There’s mounting concern at the Government’s reaction to a House of Lord’s Committee study into electric vehicles. Baroness Parminter, Chair of the inquiry said, “Whilst we welcome the Government’s acceptance of some of the recommendations in our report, it is particularly disappointing that it is not committing to incentivising the purchase of more EVs, … [Read more...]
Kia is king among dealers, trade survey shows
Kia dealers are the happiest in UK, but Jaguar franchise holders are most pessimistic. Dealer satisfaction regarding current profit returns have experienced a slight decrease, with an average score of 6.1, down by – 0.1 from the Summer 2023 edition (-1.6% change) of surveys by the National Franchised Dealers Association. Assessing the trends, from previous … [Read more...]
Van sales soar but drive must be with EVs
Following the best February performance in 26 years experienced by the new light commercial van market, it is positive to see that the market has continued this trend with another month of growth, said Sue Robinson, Chief Executive of the National Franchised Dealers Association commenting on the latest SMMT’s new van registration figures. "March witnessed a … [Read more...]
- 1
- 2
- 3
- …
- 7
- Next Page »
