Used hybrid sales surge ahead of diesel in May
June 20, 2023
Hybrid sales accounted for 20.6% of used car sales storming ahead of diesel which fell to third place for the very first time with 18.5%. Used petrol cars remained the
Have “no-haggle” agency models dented dealer financials?
June 6, 2023
Likely spawned by management consultants during the dark days of Covid-19, the agency model has now been implemented in the real world by major OEMs. Mercedes launched theirs in January
Younger drivers look to flexible ownership
June 5, 2023
Flexible ownership models include traditional and short-term rentals, Personal Contract Purchase (PCP), Personal Contract Hire (PCH), employee salary sacrifice schemes and car subscriptions, compared to traditional methods like outright ownership
Business miles are on the rise for smaller fleets, but duty of care knowledge is falling behind
May 30, 2023
Recent studies have shown that travel disruption and train strikes have led to higher preferences towards car usage and ownership. As people revaluate their travel options, Alphabet’s own research has found
An e-fuel twist in the tailpipe for zero-emission vehicles
May 15, 2023
While e-fuels are not available or affordable for general use today, there is a potential that it could be a viable longer-term option – even by 2035 when we have
ULEZ expansion drives motorists towards flexible vehicle access models
April 26, 2023
Flexible methods being explored include traditional rentals (9%), carshare or short-term rentals (8%), employee salary sacrifice schemes (8%), or subscriptions (6%). This compares to only 7% of UK motorists in
April FCA deadline signals three month “pressure cooker” period
April 26, 2023
April 30 is the deadline date when providers of finance products would issue reviews of their existing products, giving just a few weeks before the regulations take effect. Businesses will
Lease GAP – every dealer should have it
April 12, 2023
Personal Leasing/PCH continues to gain traction, particularly in the new and nearly new markets. For suppliers, the appeal of optimising the lifetime value of people by promoting leasing is clear.
Falling finance rejections will be “litmus test” of Consumer Duty success
April 5, 2023
Closer matching of customer and finance should mean that fewer car buyers reach the point where they are making an application likely to be rejected. The detailed process of finding
February records seventh month of sales growth
March 6, 2023
Hybrid electric vehicles (HEVs) recorded the most significant growth of all fuel types, up 40.0%, followed by petrol, up 35.8% with a 56.9% market share, while diesel registrations fell by
Chinese arrivals may drive down EV prices
February 24, 2023
Competitive offerings from Chinese OEMs have already made it more difficult for some western incumbent OEMs to compete in the Chinese automotive market. This was evidenced by the GAC-Stellantis Jeep
AI-aided browsers could change how customers search for cars online
February 21, 2023
Microsoft has licensed ChatGPT technology to be incorporated into its search and browser products and, while no-one is talking seriously about Google’s grasp on this part of the market being
January new car sales mark a positive start to the year
February 6, 2023
January registrations are a positive start to 2023, and a sixth consecutive month of growth shouldn’t be sniffed at, but the car industry should be under no illusions that the
Management information crucial to Consumer Duty
January 31, 2023
Key is to have a fair and transparent panel of lender products to offer to customers, showing compliant processes and value to the end consumer. This will largely be reliant
BEV leasing outperforms market in 2022 trends survey
January 30, 2023
End of year data from comparison website Leasing.com shows a step change in consumer behaviour when it comes to choosing a family car. In a year that saw fuel shortages,
