Used car market growth to be driven by EVs
The UK used car market is projected to rise from 7.4 million transactions in 2024 to just under 7.9 million by 2027, according to Cox Automotive. According to its Insight […]
Cox Automotive
UK automotive market warned of falling supply
A new report by Cox Automotive has warned that the variety of new models being launched into the UK automotive market is likely to fall substantially in the next year. […]
Used car sales slowdown predicted by Cox Automotive
Cox Automotive is predicting a slowdown in used car sales in the second half of the year, compared to its previous forecast. Its latest Insight Quarterly update is predicting 1,885,782 […]
Used car market facing unprecedented shift
A new report predicts that electric vehicles will make up 28% of all used car sales in the period between 2024 and 2027. According to the latest four-year market forecast […]
Stability returns to car sales
Cox Automotive is predicting a more stable year for new and used car sales, after a period of volatility. It expects 2,020,050 new vehicle registrations in 2024, an increase of […]
Used car market still below pre-pandemic levels
Used car transactions are expected to surpass 7.1 million units this year, which represents a 4.4% increase on 2022. However, this is still three per cent below the average pre-pandemic […]
Used car prices here to stay
The latest market tracker report published by Cox Automotive is predicting that used car prices may never return to pre-pandemic levels. The report found that the coronavirus pandemic has rapidly […]
