Catherine Faiers, COO at Auto Trader, was named as the winner of the Automotive 30% Club IMI Inspiring Automotive Woman of the Year Award of 2025 at the IMI Awards Dinner. Faiers joined Auto Trader in 2017 and progressed to COO in 2019. When asked how she felt about the award, she said: “It feels amazing. It’s been such an ...
Read More »Dealer Auction launches retail-ready stock source for dealers
Dealer Auction has launched an all-new retail ready stock source for dealers. This stock is sourced via Dealer Auction’s new overage solution, Make Me an Offer, which allows franchise retailers to automatically list ageing vehicles on the platform while they remain live on Auto Trader. Following the initial pilot phase, there have been over 2,000 retail-ready vehicles listed across Dealer ...
Read More »Auto Trader data highlights increased discount efforts from retailers and manufacturers
Carmakers are expected to introduce more discounts on EVs in the coming weeks and beyond to shift stock and meet ZEV Mandate targets. In February, the volume of new cars being advertised on Auto Trader rose 3% MoM and 20% YoY. Bex Kennett, New Car Performance director at Auto Trader, said: “Although it’s been a somewhat lacklustre start to the ...
Read More »Increased AI focus assists dealers with growth
The automotive industry is embracing the use of AI-powered tools to drive retailer growth and enhance customer experience. This includes chatbots from AutoConverse, Auto Trader’s Vehicle Highlights and heycar’s AI-powered search bar. AutoConverse noted a 43% increase in customer conversations with dealer chatbots compared with January 2024 – with a conversion rate of more than 48%. The chatbots provide a ...
Read More »Kia models top Auto Trader list of most popular cars in February
The Kia Ceed (petrol, up to a year old) and the Kia Carens (5-10 years old) are taking an average of just 11 days to sell, which is significantly faster than the overall market average of 29 days, says Auto Trader. Overall, used cars are selling 10 days more quickly than last month. Richard Walker, data & insight director at ...
Read More »Continued stability of used car prices in January
The used car market has started off the year strong despite economic turbulence, according to Auto Trader. Cars are selling at a record pace, engagement on the platform is reaching seasonal highs and retail prices continue to stabilise. Auto Trader’s Retail Price Index reveals the average retail price of a used car (£16,774) was flat in January on a MoM ...
Read More »Auto Trader shines light on ‘encouraging’ start for new cars in 2025
There has been a positive increase in consumer interest for new cars in January 2025, reports Auto Trader. Visits to its new car platform are increasing 19% month-on-month (MoM), and are up 8% on the same period last year. The data also highlights a positive start for new EVs as the share of enquiries saw an increase of 3.8 percentage ...
Read More »Auto Trader Road to 2030 research highlights Chinese entrant impact
By the time the UK bans the sale of new ICE vehicles, new entrants – dominated by Chinese brands – could account for up to 25% of the UK EV market or 400,000 cars on the road according to Auto Trader’s Road to 2030 Report. QuMind surveyed 3,985 consumers and found that four in ten UK consumers would consider a ...
Read More »Auto Trader reveals fastest and slowest-selling used cars of 2024
Auto Trader has revealed that the Mercedes-Benz GLB Class was the fastest-selling used car of 2024, taking a median of just 16 days to sell. The Mercedes-Benz A Class took silver, with an average of 16.5 days to sell. These models sold almost two weeks faster than the average used car in 2024. At an average of 30 days, used ...
Read More »Industry enters 2025 with positive pricing trends
The average price of a used car in December was £16,649, down 0.6% MoM, compared with November. This year’s price movements are more in line with seasonal norms, says Auto Trader. The decline in prices of younger cars is impacting the movement of prices overall. In turn, pricing is driving the increased speed of sale. In December, cars sold three ...
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