Catch up on the latest leasing broker news in the 14 November 2023 Broker News newsletter
Cox Automotive says latest figures suggest the UK market is swinging into push mode as OEMs bring discounts through the fleet sector
Better information on used EVs would boost confidence in the market says a report in the latest Cox Automotive AutoFocus
Cox Automotive forecasts steady improvement in UK used car market for 2023. It predicts slow recovery based on increasing consumer confidence.
Fears that the agency sales model may have had a detrimental impact on trading could be misplaced, argues Mike Allen
NEW car supply is beginning to ease across certain brands and certain model lines, coinciding with a drop in consumer demand, according to Broker News sources.
As indicated by the new car registrations data for the last quarter of 2022, supply for a few brands and specific models has eased to the point where fleet and business channels have begun to increase.
Reports from retailers
Catch up on the latest leasing broker news in the 01 November 2022 Broker News newsletter
WHO would want a Fiesta? Apparently 4,200 people; but not Ford.
Nevertheless, October was a month that saw Ford recover its mojo – with no little help from the Fiesta – but Volkswagen, on the other hand, has now seen a fall of more than 25,000 units sold in the first 10 months of 2022 against 2021.
And not just Volkswagen. With the exception of Cupra, the wider Volkswagen Group car brands have been performing poorly in 2022 due to supply issues (well, that’s been the same for most OEMs).
Even accounting for Cupra’s 5,835 additional registrations, the group’s core brands