Broker News+
While January 2024 registrations look positive, sources say that pre-registrations helped turn the start of the year into a push market...
Broker News+
Discounts, sales and pre-registrations by Mercedes in the latter stages of 2023 has failed to improve the brand’s market share in 2023...
Broker News+
November new car registration data has seen Mercedes back into positive territory with the help of pre-registrations....
Broker News+
Mercedes-Benz dropped back into negative territory for October as the agency only brand struggles to hold market share...
Broker News+
Mercedes-Benz undertook some deep discounting and concerted marketing support to regain its position in the market...
Market Briefing
Mercedes-Benz dropped back into negative territory for October as the agency only brand struggles to hold market share
Mercedes-Benz undertook some deep discounting and concerted marketing support to regain its position in the market
A study of 2,000 UK drivers found that almost 9 in 10 drivers do not consider brand to be a main priority when choosing a vehicle.
The decision by OPEC+ to hold production of oil at nine million barrels will push up petrol prices and increase global inflation
Most car makers show positive sales figures; But Mercedes and Fiat are in doldrums; Volkswagen tops car registrations; Is salary sacrifice distorting retail figures?
WITH the majority of car makers showing positive figures this year, those with negative figures are beginning to increasingly stand out.
Mercedes, which switched to the agency model at the start of the year, was up 12.6% in August. However this is still lower than the industry average growth for the month … meanwhile there’s criticism that salary sacrifice is distorting the true retail market. Story here.
Better information on used EVs would boost confidence in the market says a report in the latest Cox Automotive AutoFocus
Used car values came under pressure in August, with a fall of 2.0% at the 3-year point, equivalent to £390 say cap hpi say
Two-thirds of car dealers (66%) are worried about future margin erosion affecting their business, new research shows
The fall in used values for EVs has resulted in the lowest dealer stock levels in 2023 says latest INDICATA report
A THIRD of dealers are expecting Chinese brands to take 30% of the UK new car market in the next five years
Cox Automotive forecasts steady improvement in UK used car market for 2023. It predicts slow recovery based on increasing consumer confidence.
There’s no change in the Mercedes-Benz sales performance under agency which continues to chart downwards in the July 2023 car sales figures
