New and used car sales showed robust growth in June – up 16.5% and 27.4% year-on-year respectively, according to the latest data from Dealerweb.
The news comes as dealers operate under social distancing measures and have increased the amount of the sales process they conduct online while limiting the number of people allowed in showrooms.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
The average value of used vehicles increased from £18,737 in June 2019 to £19,560 last month. The average new vehicle value increased from £28,404 to £31,589.
James Hill, managing director of Dealerweb, said: “It’s clear that pent up demand from the lockdown period is driving demand for both new and used vehicles. Dealers have done an exceptional job in gearing up to operate effectively in the new normal.
“We encourage all dealers to ensure they are connecting the digital customer journey from enquiry to sale. The economy is facing great challenges, and every lead should be cherished.”
The study examined data from a sample of 800 franchised dealers across the UK.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataEarlier this year, Dealerweb announced the appointment of Heather Upchurch as chief technology officer, overseeing all technologies activities.
Upchurch joined from e-payment software firm Cardstream, where she served as technical director. Prior to that, Upchurch held senior IT roles at Volvo and Aston Martin before joining Flybe as IT director.
“I’m joining Dealerweb at an exciting time in its development,” said Upchurch. “The company has built a reputation on offering some of the most innovative software in the industry, and I’m looking forward to working on Dealerweb’s continued technological advancements.”
Martin Hill, chief executive of Dealerweb, added: “Having recently launched new products, adopted ISO-accredited security processes and begun the roll-out of our completely re-engineered Dealerweb Showroom system, Heather’s appointment will provide an experienced leader to oversee these developments and ensure our commitment and passion for technology remains at the forefront for years to come.”
