Surveys

In the first of a series of articles with Motors.co.uk, we look at the fastest selling cars across the UK and by region. Dealers have been going through tough times in recent months. The decline in the new car market is well chronicled. UK new car registrations fell for a fourth consecutive month in June, down -4.9% to 223,421 units. ...

The new car market was hit by a triple whammy in 2018 with diesel under the cosh, WLTP creating havoc with the new car supply chain and Brexit breeding fear and confusion in equal measures with the threat of tariffs and a potential economic downturn. The damage caused by WLTP is ongoing. Some carmakers unloaded their non compliant stock ahead ...

The way in which commission works in the motor finance sector has been highlighted for scrutiny by The Financial Conduct Authority (FCA), following a three year review that began in April 2017. It has become concerned over the way that commission arrangements in motor finance can lead to consumer harm on a potentially significant scale. This in particularly pertains to ...

As one of the maturest of mature products, it might seem like there’s nothing more to know about warranties. Sales of extended warranties have to compete for time in the showroom with other up-sells including paint protection and GAP insurance, and time is limited. But what can dealers do to ensure they promote warranties more effectively and ultimately maximise their ...

The 2018 Motor Trader Top 200 saw turnover rise 5.9% to £73bn but the return on sales fell to 1.14% The pace of consolidation is less frenetic than in the past but the top 10 super groups still managed to increase their share of total Top 200 turnover to 44.8% from 44% last time. The top 10 supergroups’ combined accounted ...

The annual Motor Trader Top 50 Independent Dealers report sees record turnover and profitability in the used car sector. The report tracks a buoyant used car market with the key players growing their businesses organically and through acquisition, despite increasing competition from top franchised dealer groups. Motorpoint Group, the leading used car group this year and last, accounted for almost ...

It has been a busy year in an increasingly polarised used car market with top independents and big dealer groups building market share at the expense of smaller rivals who are struggling to compete. Franchised dealer groups have been turning to used cars as the new car market went into reverse and this is showing in their financials. Lookers, for ...

New car registrations in October declined by -2.9% to 153,599 vehicles as changes to emissions legislation under new WLTP rules continued to cause shortages in the market. Declines were seen in both the private and fleet sectors, with registrations down -1.0% and -5.2% respectively. The onslaught on diesel continues with registrations down -21.3% while registrations of petrol cars rose +7.1%. ...

It is 10 years since the financial crisis which initially, caused used car values to decline before making a strong recovery. In fact we have seen a bull run in the used market over the past seven years and dealers have benefited as a result. The latest data from the Auto Trader Retail Price Index, shows how the average price ...

September saw new car registrations decline 21% because of supply shortages caused by WLTP The UK new car market fell by -20.5% to 338,834 vehicles in September as some carmakers struggled to come to terms with the new WLTP legislation that came into effect on 1 September. Registrations of diesel cars plummeted -42.5% for the month and petrol fell 6.7% ...