LCV registrations grew by 15.3% in May compared with last year in the UK, reaching 25,359 units. According to the latest figures from the Society of Motor Manufacturers and Traders (SMMT), it represents the fifth consecutive month of rising deliveries as the market rebounds from a tough 2022 as supply chain challenges continue to ease, although registrations remain -13.0% below ...
Read More »Dacia celebrates 250,000 cars sold in the UK
Dacia has sold a quarter of a million cars in the UK. The milestone falls during the same year that the brand is marking a decade in the UK car market, and off the back of increasingly strong sales, seeing them double in 2022 compared to 2021. Luke Broad, Dacia brand director for the UK, added: “We’re barely halfway through ...
Read More »Enquiries up for the fourth consecutive month
Demand in May increased as enquiries rose by 3% and sales of new and used vehicles were up 37%, against the same month last year. According to data from iTrackLEADS, May marked the fourth consecutive month of rising enquiries this year. However, the number of enquiries converting to test drives fell from 8.3% to 7.7%, which created a 4.6% fall ...
Read More »Availability of EV technicians inconsistent says IMI
Qualified EV technician availability is still inconsistent across the UK, according to the IMI. The analysis looked at the proportion of technicians EV qualified compared to the total technician workforce in each UK local authority. Only seven local authorities across England, Wales, Scotland and Northern Ireland have 10% or more technicians qualified to work on electric vehicles. More than 150 ...
Read More »Average used prices see largest YoY increase in six months
The average price of a used car increased 2.8% last month to £17,815, making May the 38th consecutive month of year-on-year (YoY) retail price growth. Auto Trader reported that although this is the largest YoY increase in six months, potential retail growth remains constrained by used electric vehicle (EV) prices, which fell 18.6% in May, as a surge of stock ...
Read More »Fleets drive 16.7% increase in new registrations in May
Registrations grew 16.7% in May to reach 145,204 units. According to the SMMT, this marks the longest uninterrupted period of expansion for eight years in the UK new car markets. The performance marks 10 consecutive months of growth, although registrations remain -21.0% below pre-pandemic 2019 levels. Large fleet registrations continued to drive the growth, up by 36.9% to 76,207 units, ...
Read More »James Brearley appointed Peter Vardy chief operating officer
Peter Vardy has appointed James Brearley, former Inchcape UK CEO, as chief operating officer. Group founder, Peter Vardy, said: “Following the launch of our 2030 Strategy in 2020, our aim has been to significantly expand the Peter Vardy Group by 2030 which, despite the disruption caused by the covid pandemic, we are on track to achieve. “To enable this growth, ...
Read More »Increasing number of customers turning to online players over dealer part exchange
There has been a “steep rise” in the proportion of car purchasing transactions without part-exchanges. According to research by JudgeService, it has increased from 42% in May 2018 to 58% in March 2023. When asked where they are most likely to get part-exchange valuations from, nearly two-thirds (62%) of owners cited the dealer they are planning to buy from, with ...
Read More »Pentagon partners with Ohme for EV charging
Ohme is the new official charging partner for the Pentagon Motor Group, part of Motus Group (UK). The agreement will see Pentagon Motor Group recommend Ohme chargers for all of its new and used electrified vehicle sales with an Ohme Home Pro charger in showrooms for customers to view. “We are delighted to be partnering with Ohme as our preferred ...
Read More »Big Motoring World confirms move to new headquarters in Autumn 2023
Big Motoring World has confirmed a planned move of its headquarters in Autumn 2023. The new premises is located at the Gillingham Business Park in Kent. The new head office will allow the company to move into the next phase of its growth plans, according to boss Peter Waddell. He said: “Our move to the new premises on Bailey Drive ...
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