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New Car Sales Increase Again
Wed, 06 Aug 2014NEW registrations in July 2014 totalled 172,907 - a 6.6% rise on the July 2013 figure, the Society of Motor Manufacturers and Traders (SMMT) said. The latest figures took the year-so-far total to 1,460,172 - a 10.1% rise on the January-July 2013 total. As a result, the SMMT has now upwardly revised its prediction for sales for the whole of 2014, forecasting that a total of 2.45 million could be reached.
Chrysler says it has Wrangler hard-top shortage covered
Fri, 19 Mar 2010Chrysler Group says it has solved the problem that caused a shortage of hard tops for Jeep Wranglers. Michael Manley, CEO of the Jeep brand, said there will be two production increases of the hard tops--one in early April and the second in late April. “We’ve been working to increase hard-top capacity,” Manley said at a Jeep event Thursday.
Used car values look strong for 2014
Mon, 16 Dec 2013THE VALUE OF USED cars is set to stay strong in 2014 following a rise in values this year, according to the latest analysis of the market. The latest report by British Car Auctions shows that compared to last year, new-to-market car values are around 15% higher than this time last year while older part-exchange cars are as much as 20% higher than a year ago. Simon Henstock, BCA’s UK Operations Director commented “We have seen an upturn in the supply of dealer part-exchanges in 2013, reflecting reports that retail sales have been strong.