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 […]
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 […]
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 […]
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 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 […]
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 […]
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 […]
Cazoo has announced that it has agreed to acquire brumbrum, Italy’s leading digital car retailer and subscription platform for €80m in a mix of cash and shares. Following its recent […]
Fears over the future residual values of internal combustion engine (ICE) cars and vans are driving electric vehicle fleet adoption. FleetCheck director Andy Kirby said that worries were being expressed […]
A new study has revealed growing consumer demand in December. The data compiled by lead management specialists at iTrackLEADS compared sales activity in December 2021 against the same month in […]
Volvo Car UK has reported growth in both new car sales volume and market share in 2021. In total, 48,260 new Volvo cars were registered in the UK, an increase […]
At least 330,000 new battery electric vehicles (BEVs) will be registered in the UK in 2022. This is according to DriveElectric, one of the UK’s leading electric vehicle leasing companies. […]
The automotive retail market has remained robust despite the government’s introduction of Plan B measures. This is according to data from Auto Trader. Despite speculation of the impact further restrictions […]