The British new car market showed stability in February, rising 1.4% year-on-year to 81,969 vehicles registered for the month. Diesel continued its decline in sales. …
Government grants Jaguar Land Rover £500m EV loan July 16, 2019 Chris Lemmon SMMT: UK used car market drops 2.1% in 2018
According to figures from the Society of Motor Manufacturers and Traders (SMMT), the UK used car market had a year-on-year decline of 2.1% in 2018.…
SMMT January results show 1.6% dip in car registrations
The UK new car market dipped 1.6% in January by year-on-year comparison, with 161,013 models leaving the forecourts.…
SMMT warns on fall in automotive investment
The SMMT has repeated its warning on the risks of a no-deal Brexit to the UK car industry, after figures revealed that investment nearly halved in 2018.…
Individual insolvencies at highest level for eight years
There were 34,108 declared bankruptcies across England and Wales in the final quarter of 2018.…
FLA results: Consumer car finance market fell by 1% in November
Figures released by the Finance & Leasing Association (FLA) showed that the point of sale (POS) consumer car finance market fell by 1% last November, …
Aston Barclay: WLTP pushing used stock up by over £1,000
The average price of used cars under 24 months old surged by more £1,000 over the past quarter, auctioner Aston Barclay said, as dealers invested in second-hand stock to supplement a shortage of deliv…
BoE: Car finance September slowdown drags on consumer credit
Lower car finance volumes dragged on consumer credit in September, data from the Bank of England (BoE) has shown, as a drop in new car sales resulted in smaller demand for finance.…
BVRLA quarterly survey shows improved emissions for fleet
The fleet sector saw an year-in-year reduction in average emissions levels in the second quarter of 2018, contrasting the wider national trend, the quarterly survey from the British Vehicle Rental and…
FLA: Point-of-sale car finance volumes up 6% in July
Point-of-sale finance for car finance grew 6% year-on-year to 194,000 vehicles in July, FLA figures show, keeping the sector on a growth trajectory despite stale sales in new car retail.…
