Lockdown woes cause 10% fall in dealer confidence
There has been a 10% fall in dealer confidence since August 2020, suggesting that the most recent lockdown has taken its toll on some dealers. This is according to research…
Self-driving vehicles could be on British roads ‘by end of 2021’
Self-driving vehicles could be allowed to drive on British roads by the end of 2021,…
More dealers ‘turning to finance’ to boost used car sales
An increasing number of dealers are turning to asset-backed finance to boost their used car sales, according to recent research…
Consumer car finance market falls 27% in February
New business volumes in the consumer car finance sector fell 27% year-on-year in February, according to the latest figures from the Finance and Leasing Association (FLA). In the new car…
UK new car market sees growth for first time since August
The UK new car market recorded growth for the first time since August 2020, with 29,280 more units registered during March this year than last, according to figures from the…
Coronavirus auto latest: MotoNovo provides ‘unprecedented’ level of support during pandemic
As the UK enters into its third national lockdown, we will once again be updating this page daily with the latest news coming out of the industry with regards to…
SMMT calls for greater support for private uptake of EVs
The Society of Motor Manufacturers and Traders (SMMT) has called for greater support for private retail uptake of electric vehicles (EVs), as recent research found that businesses are twice as…
Government plug-in car grant slash draws industry criticism
The government’s decision to reduce the plug-in car grant for pure EVs from £3,000 to £2,500 has drawn criticism from the UK automotive industry. Mike Hawes, chief executive of the…
SMMT: new car registrations fall 35.5% in February
Sales in the UK new car market declined 35.5% in February, according to the latest statistics from the Society of Motor Manufacturers and Traders (SMMT). With showrooms closed nationwide since…
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