Used car prices rise for 34th straight month
The average retail price of a used car was £18,119 in January, marking a 2.7% year-on-year increase on a like-for-like basis and the 34th month of consecutive price growth. This is […]
supply and demand
Used car prices to rise into 2022
The continued growth in the used car prices shows no signs of slowing down. According to data from the Auto Trader Retail Price Index, which is based on daily pricing […]
Consumer demand ramps up again
Auto Trader has reported that despite disruption to supply, demand for both new and used cars remains exceptionally high. Ian Plummer, commercial director, said: “Supply issues continue to have an […]
Raw material prices escalate
Global supply and demands issues are causing prices of raw materials such as stainless steel and aluminium soar. This is according to BM Catalysts, UK manufacturer of catalytic converters, DPFs […]
Bodyshops could feel pinch of rising paint costs
Paint companies are facing a sharp rise in prices for raw materials due to a shortage in supply. According to the British Coatings Federation (BCF), further sharp increases are likely […]
Vehicle supply tempers economic recovery
A shortage of vehicles, particularly vans, could hinder the economic recovery. This is according to the BVRLA’s latest Business Impact Survey, which found widespread optimism within the leasing industry for […]
