Thursday, 18. August 2011
Regular readers know that I’m rarely controversial but it really gets my back up when people take statistics and draw cow poo conclusions from them. Last year there was a huge drop in the number of miles that motorists drove, technology has meant that salesmen and engineers, those most commonly involved in road incidents, have been on Read more »
Tuesday, 31. May 2011
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April saw an increase in the sale of premium cars such as BMW and Audi. Whilst new car sales suffered during the month the premium brands all saw growth. The companies that showed growth included Mercedes, Audi, Lexus, BMW and Saab. Jaguar was the only make to suffer with sales down 60%. BMW even got into the top 10 car sales with its 3 Read more »
Wednesday, 29. December 2010
This year has been a bit of a struggle for many industry sectors but not so much for the motor industry. Following the scrappage scheme it was expected that the motor industry would contract and dealerships close, something I personally didn’t think would happen. In anticipation of a potential downturn the manufacturers started to scale down production in 2008/9, some would say too far, as virtually every new car drifted out to long delivery lead times as demand remained relatively high. This Read more »
Monday, 29. November 2010
I have had a number of clients put back their lease decisions until later next year which is of course their prerogative. However, as I’ve been pointing out, doing this is a huge gamble. First of all it’s important to point out that we will never return to the good old days of lots of cars sitting around in dealerships and import centres waiting for manufacturers to Read more »
Wednesday, 21. July 2010
I’ve already reported about the way that Ford increased its list prices during the scrappage scheme and, now the scheme has ended, has now decided to lower its list prices by up to 15%, quite a coincidence eh! But to make matters worse they say that even after reducing their prices that buyers should still negotiate the price further as dealers have the ability to provide additional discounts from 5% to 15%. But this is the Read more »
Thursday, 8. July 2010
What a bloody surprise! After hiking up their prices last year, no less than 4 times, which coincidentally coincided with the £1,000 manufacturer’s scrappage scheme contribution, Ford are now dropping their list prices by between 6% and 15% across their smaller cars from August, after all the pipeline scrappage orders have totally washed out of the system. No wonder the biggest benefactors were the Read more »
Saturday, 26. June 2010
It seems that the manufacturers are not going to fight a price war but outdo each other by providing more for free as part of the purchase package. The latest has been the extended warranty. Toyota had to react to the drop in sales following their recall problems by extending their standard warranty from 3 years to 5 years. In the meantime Kia/Hyundai have reacted following their massive growth during the Read more »
Sunday, 13. June 2010
I don’t know why but every time someone starts to explain how wonderful the scrappage scheme was the hairs on the back of my neck start to bristle. The latest is Graham Hope, deputy editor of Auto Express. He says that whist not everyone was in favour of the scrappage scheme it brought ‘some benefits, not least its condemnation of thousands of death traps’. His comments are an introduction to an article about the Read more »
Thursday, 22. April 2010
Sales of new cars surged by 19% last month over sales for March last year according to latest figures from the Society of Motor Manufacturers and Traders (SMMT). It sounds like a large increase but the sales last year were abysmal but hey we’ll take any glint of light that indicates things are moving in the right direction. Having said that, the sales in March were the highest monthly sales for 2 years, so it’s Read more »
Monday, 19. April 2010
As we know, we tend to follow behind America, whether it’s the weather, release of new technology, a recession, an economic recovery and so on. So I was pleased to read in the Wall Street Journal that the leasing industry is just taking off big style in the US with (surprisingly) Toyota leading the way with Honda following up offering incredible deals to move new cars with rates dropping lower than they were at the Read more »