Tag: CarDealerMagazine

September's new car market rises 1%, with record EV sales, but private EV demand and traditional engines see declines.

Used car market strong, with 3-5 year old EVs outperforming. Auto Trader urges retailers to price confidently amidst supply constraints.

New car demand rises 7% on Auto Trader, with MG leading electric vehicle growth ahead of September plate-change.

Cap HPI reports a 0.6% drop in used car prices in August, reflecting seasonal norms and strong demand, with electric vehicles selling quickly.

Honda's e:Ny1 leaps to 7th in Auto Trader's rankings, becoming the most popular new EV, driven by discounts, finance offers, and growing affordability in the new car market.

Electric vehicles dominate the list of fastest depreciating cars in 2024, with Vauxhall Corsa-e dropping 25% in value, while some models from lesser-known brands see slight appreciation.

In April, pre-owned car sales declined, impacting dealer inventories and revenue generation.

UK used car market strong despite May price drop. Demand up 8.6% YoY, sales rise 6%, market health at highest level since July 2023. 83m platform visits, 11% increase YoY.