automotive industry

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2017 Set To Be The 'Year Of The Used Car'

At the beginning of 2017 we published an opinion that this would be the year of the used car. Nothing has happened so far to discourage that view. As the year wears on it is increasingly clear that the balance of opportunity is weighted away from the new car market for the first time this decade. We base this on two factors – the inevitable pressures on the new car market that weaker sterling w...

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Demand for new UK-made cars drops

  Over the past year, demand for UK-made cars has fallen by a massive 11%. It's the first time it's been this low in 14 months. Along with several other manufacturers in the UK, demand has fallen for cars built by Nissan, Toyota, Bentley and Aston Martin, figures have shown. The drop in assembly-line output in October 2016 to 29,000 (down 3,500 compared to the same time last year) means th...

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