The rate at which used car prices are dropping has taken the market by surprise, admits a motoring industry expert.
Phil Nothard, insight director at Cox Automotive – the owners of Manheim Auctions – told the Car Dealer Podcast that significant price falls in the used car market have caused ‘waves across the sector’ and explained that the market had ‘slowed significantly’ in the last couple of months at the same time as used car supply has increased.
Hyundai will be selling its cars on Amazon in the US.
It is unclear if the project will be replicated in Britain after the launch in America in about 9 months time but the company said the service would provide a search facility for location, model, fnance and integrate dealer stock.
The Swansea-based DVLA is reimbursing trade plate holders with over a £1 Million paid in an error since 2021.
The 58,000 plate holders were overcharged for two years and it averages £20 per business.
A newly-qualified driver who has recently completed Transport for Wales’ train driving apprenticeship has been crowned Apprentice of the Year at this year’s Skills Academy Wales Awards.
The award ceremony took place at the Skills Academy Wales Neath Port Talbot Campus and the recipient was Jamilla Fletcher.
The EU car market expanded significantly, with new registrations surging by 14.6% to 855,484 units in October.
This marked the fifteenth consecutive month of growth, with notable double-digit percentage increases in three of the largest markets: France (+21.9%), Italy (+20%), and Spain (+18.1%), but the German car market reported a modest year-on-year increase of 4.9%.
Direct Line Group (DLG), one of the UK’s largest insurance providers employing around 9,500 people has received an Institute of Motor Industry accreditation, giving its qualified trainers the ability to design and deliver certified training programmes in-house.
It will allow the business to develop both technical and non-technical courses for its employees.
