Average used car price jumps 18.6% on Auto Trader
The average price of a used car increased 18.6% year-on-year to £17,754 last week on Auto Trader, driven by significant consumer demand. Searches and advert views on the site were…
Industry news
FINAL CALL: Motor Finance Awards deadline extended to Friday
The nomination deadline for the Motor Finance Europe Awards has been extended to lunchtime Friday…
Consumer car finance market falls 20% in July, FLA figures show
The UK consumer car finance market saw a 20% year-on-year fall in new business volumes in July, according to the…
New car sales slump to weakest monthly performance since 2013
UK new car registrations fell 22% in August, marking the weakest monthly performance since August 2013, according to the latest…
Automakers report strong financial over last year, but is it sustainable?
While the pandemic is still having wide-ranging repercussions for the automotive sector, OEMs are still seemingly reaping benefits. But is…
Supply and staffing constraints continue to disrupt UK car production
Car production in the UK continues to suffer from ongoing supply and staffing issues, with manufacturing output falling 37.6% in…
UK government announces planned rollout of LSTs
The UK government has announced plans for a rollout of longer-semi trailers (LSTs) on the roads ahead of the COP26 climate summit in November, which will take place in Glasgow.…
NFDA: consumers still wary of fully-online car purchases
Dealers and manufacturers have faced many unexpected challenges over the course of the pandemic. These changes have led to a shift in consumer behaviour, as well as in the strategies…
Motor Finance Awards 2021: open for entries
The seventh Motor Finance Europe Conference & Awards 2021 is now open for entries. The event will take place in person in Munich on 19 October 2021. We’re thrilled and…
IMI urges government to bolster employer EV funding
The Institute of the Motor Industry (IMI) has called on the UK government to commit more funding to support more training for workers dealing with electric vehicles (EVs). It is…
Used market boom continues as price growth doubles since April
The used car market has continued its recent success, with the average price of a used car on Auto Trader jumping 14.1% year-on-year to £14,781. Such is the current strength…
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