Category: Industry News

car mechanics

Demand for used automatics and estates outstrips supply

The latest search activity analysis from Exchange and Mart reveals a steady rise in demand for automatic cars and estates, with supply not meeting demand. Reflecting a growth in demand,

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car mechanics

Dealers urged to unbundle stock funding to meet FCA compliance

Dealers are being urged to unbundle the agreements they have for used car stock funding and consumer finance to avoid falling foul of new consumer credit disclosure rules being introduced

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car mechanics

PCPs to boost share of dealer-sourced finance to over 80%

Dealers could see their share of the car finance market increase in 2015 on the back of strong PCP sales. That’s the view of finance provider Alphera, which said that

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car mechanics

Owning cars could be a thing of the past, warns Glass’s

Owning a car could be a thing of the past, as consumers prefer to pay for goods and services on a monthly basis, making leasing a car a more attractive

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car mechanics

A record first ten days of 2015 according to Motors.co.uk

The first ten days of 2015 have hit record levels on all key metrics of traffic, page views and dealer leads, according to Motors.co.uk research. Key search data from Motors.co.uk

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car mechanics

Fleet operators show growing interest in flexi-rent programmes

Flexible rental programmes offered by car manufacturers via their franchised dealers are increasing in popularity with business users. Such programes offer fleets greater flexibility to add vehicles at short notice,

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Europcar

Automotive Leasing partners with Energy Saving Trust Scotland to promote EVs

Automotive Leasing, the public sector division of second-largest BC50 company Leaseplan has partnered with Energy Saving Trust Scotland to encourage drivers to consider electric vehicles. Automotive Leasing said it will

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car mechanics

Toyota Prius December’s fastest selling used car

The Toyota Prius is the fastest used car off the forecourt for December, according to Glass’s. Chevrolet (perhaps surprisingly following its withdrawal from the UK market) also has two models in

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car mechanics

VRA Member SMA predict sustained growth for used cars in 2015

There will be sustained growth in used vehicle volumes for cars and LCVs in 2015, with fleets continuing to move towards greener low CO2 vehicles. That’s according to independent motor

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car mechanics

VRA Member Glass’s predicts 2015 will be ‘significant’ for used car market

 2015 is set to be the most significant year in the used car market since the recession, according to Glass’s. After a reasonably strong start, a variety of factors both

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car mechanics

UK rental leasing industry generates £25bn a year, says report

The rental and leasing industry in the UK generates around £25bn a year for the country’s economy and supports just under 320,000 jobs. According to the report, carried out by

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Fleet registrations up 8.1%, says SMMT

Fleet registrations are up by 8.1% on the first 11 months of 2013 according to the latest Society of Motor Manufacturer and Traders figures. In the year to date, 1,080,577

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