Auto Trader - Page 2

Discounts helping drive electric vehicle demand in the retail market

Since July last year, average discounts have risen from 6.6% to 8.7%, with three quarters of all new cars now offering some level of discount.

Car News 24 Jul

Motability is fastest growing sector in first half of year

Registrations data from the Society of Motor Manufacturers and Traders reveals the Motability sector is outpacing the market in the first half of the year

registrations 10 Jul

Diesel demand high as prices for used electric and hybrid cars fall

Analysis of used car market from Autorola, the AA and Autotrader shows trends in residual values for ICE and electrified vehicles.

Fleet remarketing 8 Jul

Demand rises for used electric vehicles (video)

Softening residual values are helping to stimulate greater demand for used electric vehicles, according to data from Auto Trader.

Auto Trader 21 Jun

Rachael Jones, Auto Trader director of automotive finance

Rising electric vehicle discounts could boost retail sales (video)

Demand for new electric vehicles is stuttering due to a lack of interest from retail buyers – and that has significant implications for fleet operators, according to Auto Trader.

electric and hybrid vehicles 10 Jun

Ian Plummer, Auto Trader UK commercial director

Chinese OEMs put focus on connected and autonomous technology (video)

Chinese brands are migrating away from competing purely on their electric propositions and are focusing on advantages around their connected and autonomous technology.

electric and hybrid vehicles 30 May

Legacy brands playing catch-up with Chinese on electric vehicles (video)

The automotive “centre of gravity” has shifted to China, with unprecedented scale and speed of development driving rapid uptake of full electric and plug-in hybrids.

Auto Trader 23 May

Strong Q1 for used car sales driven by falling prices

The UK’s used car market delivered its strongest start to a year since pre-pandemic 2019, in the first quarter of 2024.

used cars 9 May

Average used EV prices down 16.8% year-on-year

Despite robust levels of consumer demand, used EVs were the only fuel type not to record price growth in April, according to the latest data from Auto Trader.

Fleet remarketing 2 May

Used car market grows with strong electric and hybrid sales

The UK’s used car market grew by 5.1% in 2023, with 7.24 million vehicles changing hands as an improving new car market re-energised supply.

Fleet remarketing 8 Feb

December marks fourth consecutive month of decline for used car prices

Retail used vehicle values fell by 5.6% on a year-on-year and like-for-like basis last month to £17,064, according to Auto Trader’s Retail Price Index.

Fleet remarketing 8 Jan

'Significant discounts' predicted for new car market in 2024

Significant discounting predicted as manufacturers face slowing retail sales, new regulatory targets, and increased competition from new entrants.

Costs & incentives 18 Dec

Largest drop on record | Decline in used car values continues

November has continued to see average used car values decline, down by 4.2% in the month for three-year-old vehicles, mirroring the fall in October.

Fleet remarketing 28 Nov

Used car values fall further following 4.2% drop in October

Used car values have slipped a further 1.5% on average since Cap HPI reported a 4.2% fall in October, the largest drop in a single month for more than a decade.

Fleet remarketing 6 Nov

Demand grows for used electric vehicles while fast start to 2024 predicted

The average retail value of a used EV has increased in October following months of decline, new pricing data suggests.

Fleet remarketing 20 Oct

New used car sales data shows ICE performance versus electric

While the retail value of used petrol and diesel cars have increased year-on-year, their plug-in-hybrid and electric counterparts have fallen.

used car sales 27 Jul

Used electric vehicle prices down 19% year-on-year

June marked another month of contracting prices for used electric vehicles, with the average retail value falling year-on-year, new data suggests.

6 Jul

Incentives needed for retail electric vehicle market to meet 2030 target

With low BIK tax rates incentivising company car drivers to make the switch to electric, the Government is being urged to incentivise the retail sector.

20 Apr