Carwow has sold LCV stock with a combined value of over £13.3m in the first six months of adding LCVs to its online daily auctions. The volumes of listings averages more than 500 each month. More than 300 dealers per month have placed bids for LCVs since November and the total volume of bids placed has exceeded 10,000. Sally Foote, ...

April saw average car values at the three-year, 60,000-mile point, decline by 1.5% (c. £300). This decline follows an overall rise in values of 0.5% over Q1, reflecting a softening in demand and an increase in supply. Values at the one-year age point fell by 1.3%, at five years values fell by 2.0% and at the 10-year point values fell ...

Europe’s new car market has seen a surge in hybrid sales in Q1 while EV demand falters, according to JATO Dynamics. In Q1, 382,700 hybrids were registered which is the highest number of quarterly registrations for the category since 2021. Volumes were up 18% on Q1 2023. Consumers feel hybrid cars have an advantage over EVs as they are self-charging ...

Desira Group has expanded its portfolio with the addition of Simpson Garage Great Yarmouth for an undisclosed sum. Simpsons will not change the name to Desira, it will continue trading as it is. The addition of Simpsons includes new and used motorhome sales (a new area of growth for Desira), used car sales and aftersales franchises for Skoda, Fiat and ...

Cars are selling almost twice as quickly as in 2023, suggesting the used car market has recovered from last year’s crash, says trading platform HonkHonk. The average time to sell is now 36 hours, 22 hours faster than Q4 2023. Some cars are even bought by dealers within two hours of being listed and prices are rising for cars in ...

UK car production declined in March, down -27.1% year on year to 59,467 units, according to the Society of Motor Manufacturers and Traders (SMMT). While this marks the first fall since August last year, it aligns with expectations for a variable year as manufacturers adjust factories to produce new cars, notably electric. UK car and light van production are expected ...

Drive Motor Retail has opened a standalone MG dealership in Scarborough, North Yorkshire. The site is the area’s only franchised MG dealership and is offering used and new sales. The site will also offer servicing and repair facilities, including MOT testing and MG parts and accessories, which will be located at Drive’s Hyundai dealership in Scarborough. Carl Prescott, Drive MG ...

Hyundai Motor Europe’s first Brand Space on Amazon has launched in Germany to redefine digital engagement and customer-centricity. The Amazon Brand Space presents the opportunity to explore brand content and product line-up. Customers can also navigate to local Hyundai sites, use a digital car configurator or schedule a test drive at a dealership. Andreas-Christoph Hofmann, VP marketing, Product & PR ...

Vauxhall’s next-generation Grandland, available for orders in July and arriving in showrooms this autumn, is a versatile SUV with a full electrified drivetrain option. The car is the first Vauxhall vehicle to align with Stellantis’ BEV-native STLA Medium platform and new flat battery packaging design, allowing for a 98kWh battery. Covering around 435 miles, the Grandland Electric’s battery can be ...

As a result of a new five-year deal, heycar will take over the operation of the RAC Cars online used car portal which is launching in June. The website will have a modern design for automotive retailers to showcase their vehicles. Modernised for digital retailing, the new RAC Cars will have feature parity with heycar. The new site will highlight ...