Motor Trader: Automotive News for Car Dealers & Manufacturers
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Speed of sale has reached record levels, says Auto Trader
Apr 3, 2024 · Speed of sale and consumer demand within the used car market have reached record levels in March, according to Auto Trader. Used cars took an average of just 25 days to leave forecourts, the fastest monthly pace ever recorded by Auto Trader, two days faster than February and three days faster than March 2023. Overall consumer demand rose 6% YoY ...
FCA consults on giving finance firms more time for commission …
13 hours ago · The Financial Conduct Authority (FCA) is looking at extending the time finance firms have to deal with motor finance commission claims. The finance watchdog is consulting to see whether to allow more time following a ruling by the Court of Appeal in October. The proposals are expected to be published within two weeks and, if taken forward ...
Used Car News, Updates & Information from Motor Trader
Your first stop for News, Jobs and Reports for the motor industry. Kia EV6 is fastest selling electric vehicle on Auto Trader. The Kia EV6 and BMW i4 were the fastest selling electric vehicles on Auto Trader in October, both selling in 20 days. The MG ZS and Volkswagen e-Golf sold in 23 days while the MG5 took 25 days to shift.
Car News - Motor Trader
The Kia EV3 has been named overall Car of the Year for 2024 at the annual Electrifying.com Awards. The judges highlighted its design, claimed driving range of up to 375 miles on a single charge, and starting price from £32,995. Fleet customers get a 2% BIK (benefit-in-kind) rate for EVs in 2024/25 and 3% for the 2025/26 tax years.
October new car sales: Winners & Losers - motortrader.com
Nov 5, 2024 · In a market that overall saw sales fall -6% for the month with a -12% decline in retail sales, BYD showed the biggest rise – from a low base – with a three-fold increase in sales to 780 units. Mercedes-Benz saw registrations rose 37.4% to 8,105 units while Dacia was up 33.2% to 2,454 and Volvo 28.3% to 5,761 units.
Latest Automotive News & Car Industry Reports | Motor Trader
Motor Trader The award-winning and longest running UK magazine for car retailing professionals. Your first stop for News, Jobs and Reports for the motor industry. Stockton Kia has had a refit, taking on the Korean brand’s new brand identity which was first introduced at the start of 2021. The refit is the latest of 190 Kia showrooms in the UK ...
Buyers prefer using finance provided by dealers
20 hours ago · Over two-thirds (69%) of buyers say they would consider using finance provided by dealers, according to MOTORS. The latest Consumer Insight Panel research polled the views of 2,000 car buyers. Retailers include funding options as well as costs on their websites and 71% of buyers say this would make them more likely to consider finance provided ...
Auto Trader reveals July’s fastest-selling used car - Motor Trader
Aug 8, 2024 · Your first stop for News, Jobs and Reports for the motor industry. Auto Trader has revealed the Mercedes-Benz GLB (petrol, 3-5-years-old) was the fastest-selling car in July, taking 12 days to sell on average. The Mercedes-Benz GLB was followed by the VW Arteon (12.5 days), the Nissan Qashqai (12.5), the Mercedes-Benz C Class (13), the SEAT ...
Automotive Industry News - Motor Trader
Motor Trader The award-winning and longest running UK magazine for car retailing professionals. Your first stop for News, Jobs and Reports for the motor industry. Auto Trader has launched Co-Driver, a suite of solutions powered by advanced AI and machine learning focused on ‘alleviating retailer pain points and driving retailing performance’.