Press release

New car registrations | May 2019

Ian Plummer offers his view on May's new car performance 

“One of the effects of Brexit on the economy has been a hit on the exchange rate. As sterling falls, car brands don’t see the UK as such a profitable let alone stable market. As such, the UK is running an ever greater risk of not getting its share of the most desirable cars coming off international production lines; too many of the most sought after vehicles will be going elsewhere in Europe. That situation could last as long as demand holds firm in the other key European markets; and today they’re generally looking positive," explains Ian Plummer, Commercial Director at Auto Trader.

 “Consumers too, are cautious because of Brexit and the added uncertainty around fuel type. We’re inundated with rhetoric as well as regulation which almost punishes drivers of certain diesels, with the introduction of ULEZ and paying more for parking, but there aren’t enough positive incentives to adopt newer technologies, leaving consumers confused and hesitant to invest in new cars. If we can’t encourage people to actively accelerate their choice of next car, and a cleaner car, we’ll neither be helping to improve the emissions output of the overall UK car fleet, nor helping to sustain the health of the UK car market.

 “In the current uncertain climate and with contracting margins, retailers and brands are struggling to hold prices and to incentivise sales; they simply don’t have enough money to encourage consumers who already aren’t confident leaving the industry in limbo. We need to take away the uncertainty, make sure that there is a positive case for change and give consumers more carrots than sticks.”

Auto Trader Highly Rated Awards are back for 2021. Read our latest blog to find out what you need to do to be Highly Rated this year.https://t.co/VAV3GC4u9E
With forecourts across the UK now open, our Data & Insight Director @therickw looks at buyer interactions with adverts on our platforms and how buyer behaviour is changing as forecourts reopen. https://t.co/Zp4A1iMpZR
From the 4th May we have a few changes coming to all of our packages on Auto Trader. https://t.co/z8x6kmM216
A few pointers from @chrispenny222 on how time can be saved through efficiencies in certain areas, allowing you to focus on areas that will improve your buyer's experience and generating more sales. https://t.co/ZFllNoZLZh
March was a record month for our marketplace, with an average of 2.2million visits to our site each day last month. https://t.co/qmKwKTzaYk
Our Data & Insight Director @therickw is on hand to share our latest audience update. Visits to our marketplace were up 102.2% compared to the same period in 2020 and up 35.4% when compared to normal trading conditions on 2019. https://t.co/yZRfUBTOYE
Less than 15 minutes until today's webinar. Register now to watch live or stay tuned right here for the highlights over the next hour > https://t.co/0UKfdpMNro https://t.co/Q6DtumZKVq
Join our next Courageous Conversations where our panel will be exploring political correctness, and what is PC when it comes to language surrounding people from marginalised backgrounds. Register now > https://t.co/pWiuFR0Fob https://t.co/oD6kohVaBf
Right now it's the @Tesla Model 3 that is drawing the most attention from prospective EV buyers on our platform, having the highest volume of advert views of any EV on our platform in the last month. https://t.co/lcXkrBXhPu
As the last of UK forecourts re-open today, we wish you and your business every success as we take our first step forward beyond the pandemic, together. https://t.co/XmKikgktFO

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