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Motoring News

Used car prices continue to rise, despite economic turbulence

Used car prices continue to set new record levels, with demand said to be ‘largely unaffected’ by recent economic turbulence. According to Auto Trader, the average price of a used car in September was £17,409 – a £370 increase from August’s figure, ...

07 Oct 2022 at 14:17

Motoring News

Half of car dealers have yet to sell an EV, report reveals

A new study has found that half of car dealers have yet to sell an electric car, with many feeling unprepared to supply such models to their customers. As part of Auto Trader’s ongoing ‘Road to 2030’ study, the brand surveyed dealers on their ...

27 Jul 2022 at 12:58

City

Buyer demand for electric vehicles slumps amid cost-of-living crisis – report

Demand for electric vehicles is showing signs of going into reverse as sky-high price tags and the wider cost-of-living crisis are putting off all but the wealthiest, according to a report. The share of new buyers searching for electric ...

08 Mar 2022 at 16:25

New car market grows 18.2%

The UK’s new car market has grown for eight consecutive months, figures show. Some 287,825 new cars were registered last month, up 18.2% on March 2022, the Society of Motor Manufacturers and Traders (SMMT) said. The increase was ...

05 Apr 2023 at 10:41

Motoring News

Drivers risk paying £3,000 ‘premium’ for Ulez-compliant car

Drivers in London wanting to buy a vehicle compliant with the new ultra-low emission zone (Ulez) face a £3,000 premium compared to a non-compliant model from just a year earlier, according to Auto Trader, On August 29, the Ulez ...

28 Jul 2023 at 12:57

Final day of production for UK’s best-selling car

Production of the UK’s best-selling car ends on Friday. Ford will produce the final Fiesta at its factory in Cologne, Germany, before the site is modified to make more room for more electric vehicles. The Fiesta was an instant ...

07 Jul 2023 at 09:44

Used car market slumped by 8.5% in 2022

Sales of used cars declined by 8.5% in the UK last year, new figures show. The Society of Motor Manufacturers and Traders (SMMT) said just 6.9 million vehicles changed hands in 2022, down from 7.5 million during the previous ...

10 Feb 2023 at 06:46

Motoring News

Used car prices drop for the third consecutive month

The average price of a used car fell for the third consecutive month, according to new figures from Auto Trader. According to the online marketplace’s data, the average price of a used car was £17,319 in November – a 3.8 ...

04 Dec 2023 at 13:40

Motoring News

Used car prices rise for 26 consecutive months

Used car prices increased for the 26th month running in May, with the average cost of a like-for-like vehicle 28.4 per cent higher than it was a year ago. Figures from Auto Trader show strong continued demand for used ...

09 Jun 2022 at 15:44

New car market up by more than a quarter in June

The new car market has recorded its 11th consecutive month of year-on-year growth, figures show. Some 177,266 new cars were registered in June, up 25.8% from the same month last year, the Society of Motor ...

05 Jul 2023 at 15:29

City

Auto Trader earnings lower amid car supply shortages

Online car marketplace Auto Trader has reported lower annual earnings after a year affected by ongoing shortages of new vehicles. The group reported a 2% fall in pre-tax profits to £293.6 million for the ...

01 Jun 2023 at 08:26

Drop in demand for electric cars as cost of living bites

Drop in demand for electric cars as cost of living crisis bites

Demand for electric vehicles (EVs) is falling amid the cost-of-living crisis and doubts about the Government’s electrification ambitions, new figures show. Auto Trader said EVs accounted for fewer than ...

13 Dec 2022 at 07:54

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