In a weekend OpEd, business secretary Jonathan Reynolds said the government is determined to work with the car industry to increase take-up, boost jobs and hit emissions targets – but added the UK’s drive for EVs cannot be delayed or “our rivals will overtake us”. He said more than 2 in 3 OEMs had previously […]

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After five successive months of declining sales, it is reported that new car registrations rose 1.2% in August to 68,858 units. Traditionally, August is a quiet month for registrations with many buyers waiting for the plate-change in September. The SMMT highlighted that August volumes were still the worst performing for the month, except for 2021, […]

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National sales companies are adjusting new car sales targets in the light of slowing sales, according to Perrys chairman Ken Savage. Mr Savage was speaking on the Auto Retail Live Q3 Targets Briefing  last week. However, he said manufacturers are responding to the challenging conditions with the targets they were setting for retailers. Mr Savage […]

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SMMT has released figures showing Britain’s used car market reached record levels in 2016 with 8.2 million sales.This is an increase of 7.3% on previous year. Meanwhile, 1.8 million used cars changed hands in the fourth quarter, with a 5.5% rise in October. This makes it the second busiest month since the switch to biannual […]

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Auto retailer Hexagon has opened a new Lotus showroom at its flagship headquarters in East Finchley. Called The Hexagon, this new showroom has been redeveloped over the last four months with space for over 50 modern classic and classic cars and offers a full aftersales service. Hexagon is Lotus’ official London retailer and also sells […]

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