EU sales bounce back in 2024
New car registrations returned to growth in Europe in January, bouncing back from a 3.3% reduction in December. According to the European Automobile Manufacturers’ Association, sales were up 12.1% year-on-year, […]
car sales
Data reveals drop in dealership leads
Automotive retailers in the UK experienced an overall two per cent drop in new car sales leads during 2023, although conversion rates increased from 25% to 30%. This is according […]
NFDA optimistic for used car growth
The National Franchised Dealers Association (NFDA) is predicting further growth for the used car market in 2024, after new figures revealed sales growth of 5.1% last year. Sales were up […]
Used car sales to seven million mark
The UK’s used car market grew by 5.1% to 7,242,692 transactions in 2023, according to the Society of Motor Manufacturers and Traders (SMMT). Four straight quarters of growth saw sales […]
EVs break the million mark
The Society of Motor Manufacturers and Traders has announced that the one millionth electric car was sold in the UK in January. The new car market grew 8.2% last month, […]
Grey fleet on the rise
Grey remained the colour of choice for car buyers for the sixth year in a row, according to the Society of Motor Manufacturers and Traders (SMMT). Boasting a market share […]
Dealers predict EV decline
A new survey has revealed that just over a quarter of dealers expect EV sales to be better in 2024 than 2023. According to a survey carried out by the […]
EU car sales stalling
The EU car market suffered its first contraction in 17 months in December, with EV sales flatlining. According to the ACEA, sales across the continent rose 13.9% in 2023, but […]
Used car values set to stabilise
Average used car values at BCA ended last year at £6,918, down by £315 on November’s figure. The downturn in December continued a trend throughout the second half of 2023; […]
Demand grows as prices tumble
Demand for used cars rose 11.7% in December while average values fell 5.6% to £17,064, according to Auto Trader’s Retail Price Index. Data revealed that one to three-year-old cars saw […]
New car market finishes 2023 strongly
The UK new car market grew for the 17th month in a row in December to make 2023 the best year since the pandemic. Sales were up 9.8% in December […]
Kia sets new UK sales record
Kia is celebrating a record-breaking year of sales in 2023, having sold 107,765 cars to UK customers. It finished 2023 as the sixth best-selling brand in the UK with 5.7% […]
