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  1. Sales Of New Cars Fall In June

    July 12, 2019 by Logan Biggs

    It has probably been a disappointing June for many motor traders here in the UK involved in the sale of new cars as, according to the Society of Motor Manufacturers and Traders (SMMT), there has been s drop in the number of new cars registered last month.   

    Unfortunately, in June 2019, the number of new cars sold fell by 4.9% when compared with June of last year. .........read more »


  2. The Benefits To Motor Traders In Offering Additional Products

    July 5, 2019 by Logan Biggs

    Motor traders involved in the buying and selling of used cars may be interested in a survey carried out by NextGear Capital UK relating to the sale of additional products by car dealers. Obviously, from the motor trader’s point of view, a major benefit of selling related products when selling a second hand car is that it increases the businesses profitability and possibly the personal income of the owners. .........read more »


  3. The Impact Of Missing Service Histories

    June 29, 2019 by Logan Biggs

    If you are a motor trader involved in the buying and selling of used cars then you are undoubtedly aware of the importance of a vehicle having a full service history from your businesses point of view. Quite simply, if there is an incomplete service history then it may affect how much you will be able to sell the vehicle for. .........read more »


  4. New Van Sales Increase In May

    June 22, 2019 by Logan Biggs

    There has been so much bad news in recent weeks and months surrounding the motor trade industry that it is great to be able to report about something positive. This involves the number of new vans that were sold in May 2019.

    According to the Society of Motor Manufacturers and Traders (SMMT), there was a reasonable rise in the number of new vans sold here in the UK in May 2019 when compared with the same month last year. This news will particularly please motor traders who are involved in the buying and selling not only of new vans but also used ones as well. .........read more »


  5. Number Of New Cars Sold In UK In May Drops

    June 13, 2019 by Logan Biggs

    If you are a motor trader, unfortunately, yet again we have some bad news to inform you of. The number of new cars registered here in the UK fell in May 2019 when compared with the same month last year.

    In May 2019, 183,724 new cars were sold in the UK yet in May 2018 192,649 new cars were sold. That is a drop of 8,925 and equates to a reduction of 4.6%. .........read more »


  6. Ford To Close Bridgend Plant

    June 7, 2019 by Logan Biggs

    Those of you operating within the motor trade industry will be disappointed to have heard that Ford is to close its Bridgend engine plant on 25th September 2020. This is just over a year away and, apparently, there are 1,700 people who will be loosing their jobs. That would be bad news for many people living in and around the Bridgend area as well as some businesses in the locality that are frequented by people working at the Ford plant. .........read more »


  7. April Sees Big Drop In UK Car Manufacturing

    May 31, 2019 by Logan Biggs

    Unfortunately, there is more bad news for the motor trade industry with the announcement that in April 2019 there was a large drop in the number of new cars built here in the UK. This will concern many businesses in the industry including those directly and indirectly connected to this important sector of manufacturing. .........read more »


  8. Increase In New HGV Sales

    May 24, 2019 by Logan Biggs

    It is good to be able to provide some positive news to those of our readers who operate within the motor trade industry. Motor traders in particular will be pleased to hear that the number of new HGV sales rose in the first quarter of 2019 in comparison to the first quarter of 2018 based upon information published by the Society of Motor Manufacturers and Traders (SMMT). .........read more »


  9. Used Car Sales Drop Slightly In Q1 2019

    May 16, 2019 by Logan Biggs

    Those of you running a business in the motor trade industry, in particular motor traders, will find it interesting to read that there was a small reduction in the number of used cars sold in Q1 2019 when compared with Q1 2018.

    Data published by the Society of Motor Manufacturers and Traders (SMMT) reveals that the number of used cars sold in Q1 2019 was 2,020, 144 whereas in Q1 2018 the figure was 2,031,661. That is a drop of 11,517 that equates to a fall of 0.6% – only a small drop but nevertheless it is still a fall in numbers. .........read more »


  10. Small Reduction In Car Insurance Premiums

    May 6, 2019 by Logan Biggs

    If you are a motor trader selling/buying new and/or used cars then you will no doubt have a motor trade insurance policy in place to provide cover for the vehicles that pass through your business to include covering things like a customer taking out a car for a test drive or you collecting a used car from a customer’s home that you have perhaps taken in part exchange. So, any change in car insurance premiums will no doubt impact upon how much you are charged for your motor trade insurance policy at renewal. .........read more »


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