Car registrations up but remain below pre-pandemic levels

By |2022-03-04T15:05:49+00:00March 4th, 2022|News|

A rise of 7,682 units was in comparison with the same month in 2021, when the pandemic shut car showrooms across the UK. Despite this positive performance, registrations are down 25.9% on pre-pandemic levels, as vehicle supply remains constrained by semiconductor shortages, according to the latest figures from the SMMT.

Used car market grew in 2021 as consumer demand remained buoyant

By |2022-02-08T10:08:42+00:00February 8th, 2022|Dealer Insights, News|

Last year saw a strong Q2 with 2.1 million transactions, while the market declined moderately by 3.1% in Q4. Demand for battery electric vehicles (BEV) and plug-in hybrid electric vehicles (PHEVs) rose significantly by 119.2% and 75.6% to 40,228 and 56,861 transactions respectively. Transactions of used petrol (+10.7%) and diesel (9.8%) grew to a total of 7,277,291 units, equating to 96.6% of all used car sales.

New car sales get a January boost from EV sales

By |2022-02-10T11:29:00+00:00February 4th, 2022|Dealer Insights, News|

Growth was driven by private buyers, as manufacturers sought to prioritise these customers given the supply constraints, with this segment of the market registering 62,300 new cars, up 64.1%, year on year – and just 5.6% off pre-pandemic levels. Large fleet registrations, meanwhile, remained broadly flat with last year at 50,817 units (down 0.4%)

Figures reveal lowest September sales in 23 years

By |2021-10-07T15:33:00+01:00October 7th, 2021|News|

However, September was the best month ever for new battery electric vehicle (BEV) uptake. With a market share of 15.2%, 32,721 BEVs joined the road in the month, reflecting the wide range of models now available and growing consumer appetite. The September performance was just over 5,000 shy of the total number registered during the whole of 2019.

Lexus tops satisfaction survey for fifth time in a row

By |2021-09-13T10:12:28+01:00September 13th, 2021|News|

Lexus (9.7) topped the all-important question ‘how would you rate your manufacturer overall on a scale of 1 to 10’, followed by Toyota and Kia (both at 9.6). Fiat (4.2), Abarth (3.8) and Hyundai (3.1) had the lowest ratings, despite all experiencing an increase in score. The average score rose by 0.2 points to 6.5.

Figures reveal weakest August sales for eight years

By |2021-09-06T10:05:03+01:00September 6th, 2021|News|

According to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). 68,033 units were registered, the weakest since August 2013, and down 7.6% against the average recorded over the last decade, due in part to constrained supply as the global shortage of semiconductors, an issue born of the pandemic, continues to undermine production volumes.

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