Press release

New car transactions | June 2019

Commercial director, Ian Plummer, provides Auto Trader's view on the latest new car registrations from the Society of Motor Manufacturers and Traders (SMMT)

“The market may be down as a whole, but the picture is not as bleak as we may think. Not all brands are experiencing the same level as downturn, in reality, what we’re seeing is that it’s a select few manufacturers whose results are impacting the market overview.

“In fact, the numbers could have appeared a lot lower this month but, at the end of Q2 and H1, many retailers did even more tactical closing actions, such as self-registrations to help reach their targets. It was this big push activity that supported in closing the gap on last year’s figures.

“Looking ahead to Q3 and beyond, brands will be working harder in the coming months and there are three key ways which they will be driving the market forward: getting the next phase of WLTP registrations done by registering all the necessary cars in August, hitting September plate change with a bang, and getting product on the ground as quickly as possible to avoid any import delays and mitigate the potential fallout from the October Brexit discussion and a possible no-deal.

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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