Press release

New car registrations | February 2019

Auto Trader director Ian Plummer offers his view on the latest new car market data from the Society of Motor Manufacturers and Traders (SMMT).

Ian Plummer, Auto Trader Director:

"With January to March accounting for roughly a third of the year’s total new car sales, the need for a strong first quarter can’t be over-estimated. In the context of all the ongoing uncertainty caused over recent months by both Brexit and changing government “sticks and carrots” about which type of fuel we should buy, the fact that the first two months of 2019 are roughly in line with 2018 should be seen very positively. Some of the same brands which stood out in 2018 continue to build on their success in 2019 with strong starts from the likes of Kia, Seat, Volvo, Peugeot, Toyota, Mazda and Suzuki.

“We’re still confident that sales for the quarter as a whole will remain in line with last year’s performance. That’s because the industry remains laser focused on offering enticing deals for consumers ahead of whatever the 29th March will bring.”

According to our latest pricing snapshot, the strong growth in used car prices has continued into September. The average cost of a used car grew 7.4% YoY last week, marking 19 weeks of consecutive growth. Read the results in full here: https://t.co/TX88xlBOpU https://t.co/xEszb3JolF
In our latest blog post - we speak with Rob Keenan, joint MD at @DriveVauxhall about how the last 6 months have been for the franchise group and what lessons they have learnt that they have implemented through the 70’s plate change. https://t.co/FJefiRvQrU
A perfect review score isn’t everything. Most buyers trust reviews more when they can see a mix of reviews along with how the retailer handled the customers feedback. Which begs the question, how much emphasis do you place on reviews and are you responding to each one? https://t.co/0OFqGVrEJb
Sourcing stock is one of the main challenges retailers face right now. That’s why it’s critical to be diversifying your stock profile – something that has been key to @DriveVauxhall managing to keep stock flow at normal levels through these challenging times! #atinsightoftheday https://t.co/CWBIOeCKDp
Be sure to register for our next webinar where Nathan Coe, CEO, Auto Trader will be speaking with @MarshallMotorGp. This is not one to be missed so register now - https://t.co/lWu984OeRI https://t.co/fnnG3OgNWM
Now it's over to @chrispenny222 who has announced he has man flu (not covid)! He's also hear to announce our new masterclass programme... https://t.co/NPyRXsRxWV
Huge thanks to Rob and @DriveVauxhall for joining our #webinar today. We'll be sharing the interview on our blog tomorrow so stay tuned!
Over to our interview with Robert Keenan, Managing Director of @DriveVauxhall - we've been looking forward to this one! https://t.co/OzSEigKg2J
Over to @MarcThornboroug for a few key updates! https://t.co/guf1A9dX1n
On to pricing now where we're seeing petrol and diesel prices up by 8% with #alternativefuel vehicles seeing a slight decline in prices.

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