Press release

January new car registrations

Read Ian Plummer's response to January's new car registrations from the SMMT

Ian Plummer, Auto Trader Director:

“Despite the Worldwide Harmonised Light Vehicle Test Procedure (WLTP) coming into force five months ago, there is every indication that many brands are still struggling to get the much-needed compliant stock to the frontline, placing real strain on retailers. However, we can see for some brands, such as Volvo and some of the Korean and Japanese marques, supply seems to be in good shape and has helped them to record a great start to the year.

 

“With the realities of Brexit edging ever closer, it’s even more important than usual for the industry to get a strong Q1 under their belt to futureproof against any eventuality. If the government fails to secure a deal with Brussels, consumers could be looking at a 10% increase in prices unless brands or retailers absorb tariff and exchange rate impacts in what are already wafer thin profit levels. That’s why in the run up to March’s plate change we’re likely to see some particularly attractive offers from brands hoping to entice consumers into showrooms before the UK’s official exit.   

 

“The outlook for the industry in 2019 remains relatively positive. Last year we saw some emerging trends that will provide some exciting opportunities for retailers and manufacturers in the months ahead, not least the growing consumer appetite for alternatively fuelled vehicles and Personal Contract Hire deals. We’re confident that both have the potential to drive meaningful growth this year by opening up a wider demographic of customers.”

Premium German marques dominated the saloon market last year, but which model was most popular on Auto Trader? Congratulations to @BMWUK_ because the brilliant 3 Series took the top spot 😎 https://t.co/PuqN3FML3Q
If you're a franchise or group dealer and would like to find out how you could save £31 per standard move, don't miss out on today's Motor Trade Delivery webinar at midday. Tune in here: https://t.co/LbG6ZnKCec https://t.co/gdCYbban9D
Are you a franchise or group dealership moving vehicles? On average, you can save £31 per standard move with our Motor Trade Delivery offering. Join our webinar tomorrow at midday to find out more. Register here: https://t.co/LbG6ZnKCec https://t.co/R89p5JhCew
With the Finance & Leasing Association announcing the consumer car finance market grew 1% in December, lets look at 2018's most searched for models on finance. Leading the top 5 is the iconic @UKVolkswagen #Golf https://t.co/DCRLNJNM9T
Huge congratulations to everyone at @swanswaygroup for Best Dealership, it's massively deserved. We're delighted to hear how impactful stocking new cars on Auto Trader has been for the business - the perfect example of digital best practice! 🍾 https://t.co/KKm9EYRcpI
Thank you to the @RMI_NFDA team for another excellent #DrivingDigital. Nathan Coe took to the stage this morning to discuss the key changes in the industry & Ian Plummer joined @NFDASueRobinson to share new car opportunities. Looking forward to next year already! https://t.co/kyWdWhiCNs
Don't miss Catherine Faiers on @BBCRadio4's #BriefingRoom at 8pm this evening. She joined the @FT's @Petercampbell1 & Ian Henry of AutoAnalysis to discuss what's on the horizon for the UK automotive industry. You can tune in live here https://t.co/OX7HO8bSLP https://t.co/ZfRrZGAqlO
Good morning! 15 mins to go before our first #ARNLive of 2019. Don't miss out on tips & helpful guidance on hitting your targets. Tune in here https://t.co/K7xuX0IA0p https://t.co/pSt9p565qP
According to today's new car registration figures for January, the market saw a -1.6% dip on last year. However, it's been a strong start for alternatively fuelled vehicles which recorded a +26.3% increase on January 18. You can read our response here: https://t.co/M5DJiNsIBx https://t.co/4MuGEhWiMZ

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