car sales

Used car market enjoys strong start

The UK’s used car market increased 5.1% in the first quarter of 2022, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT). It found […]

UK buyers back British brands

A quarter of in-market car buyers say they are more likely to buy from British brands or choose cars manufactured in Britain to support the country’s automotive sector through the […]

Car finance makes strong start to 2022

New figures released by the Finance & Leasing Association (FLA) show that the consumer car finance market reported new business volumes up in January 2022 by 43% compared with the […]

EV demand drives sales rise

UK new car registrations rose by 15% in February as 58,994 new cars joined Britain’s roads, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). […]

Buyer demand holds firm in February

Consumer demand continues to rise for new and used vehicles, according to the latest data from iTrackLEADS. It sampled data from 300 dealers across the country, which showed a nine […]

Used car market shows signs of settling

The used car market has made a steady but unspectacular start to the New Year, according to BCA’s latest data. External economic pressures and the cost-of-living squeeze are affecting consumer […]

EV demand triples according to fresh data

Annual EV sales almost tripled according to new data released by Volkswagen Financial Services UK (VWFS). It found that annual finance cases for battery electric vehicles (BEV) surged 160% from […]

Cazoo secures £465m additional funding

Online car retailer Cazoo has raised $630m (£465m) in additional capital through a shares transaction. The transaction is led by new investor Viking Global Investors, alongside participation from several existing […]

Used car market rallies in 2021

The UK’s used car market grew by 11.5% to 7,530,956 transactions in 2021, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT). It found that […]

Auto Trader predicts sales recovery

Auto Trader is expecting car sales in 2022 in the UK to exceed two million, up from 1.65 million last year. It expects new car volumes to rise again as […]

Used car prices rise for 22nd straight month

The latest Auto Trader Retail Price Index has reported that the average price for used cars rose to £18,067 in January. It was the 22nd consecutive month of price growth […]

Aftermarket facing £1.3bn shortfall

The fall in new car volumes over the last three years is set to hit aftersales revenues significantly, according to new research. According to REALtime Communications, the net result is […]