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Brits too attached to part with their cars as only 1 in 10 families gave up second car in lockdown

New research by Volkswagen Financial Services UK (VWFS) has found that only one in ten families have given up their second car since March 2020, despite additional finance pressures during lockdown and a sharp decline in miles travelled. The study from Volkswagen Financial Services UK shows that Brits are too attached to part with their extra cars, despite a huge reduction in commute pressures and daily miles travelled across the UK. Data shows that despite many families no longer requiring an additional vehicle, only 9 per cent of people gave up their second car.

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  1. Strong start to 2014 for European new car sales
  2. Kumho study shows widespread ignorance
  3. NFDA Dealer Attitude Survey results
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Does size matter? Today’s cars are more than 63% bigger 

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Cars are getting bigger, there’s no doubt about it, and it seems UK infrastructure can’t keep up with our ever-growing vehicles, leaving drivers in a spot of bother on the roads. To find out just how much cars are expanding, Zuto analysed 14 of the UK’s most popular cars to see the difference in size in comparison to the original versions. 

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  2. Kumho study shows widespread ignorance
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  4. SMMT urges government to back new-tech diesel following market decline, uncertainty
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UK car manufacturing down -99.7% in April

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SMMT

April car production was basically non-existant in the UK. The country’s output for the month was the lowest since the Second World War, down -99.7 per cent, according to Society of Motor Manufacturers and Traders (SMMT) figures. The coronavirus lockdown forced plants to close, meaning just 197 premium, luxury and sports cars left factory gates in the month. These were models that had been assembled prior to shutdowns with only finishing touches needed.

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  1. UK car production down -42.8%, 11,000 jobs lost in coronavirus crisis
  2. UK car production falls 14.2 per cent in 2019
  3. Van market shrinks -24.8 per cent in June – SMMT
  4. Auto analysts comment on ‘perfect storm’ for car sector
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Global light vehicle sales low, further decline expected for 2020

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In 2019, global light vehicle (LV) sales were at their lowest point since 2015, at 89.8 million, which was 4.8 per cent down on 2018’s 94.3 million total. December’s sales of 8.15 million were 2.3 per cent lower than in December 2018, according to GlobalData, a leading data and analytics company.

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Related news:

  1. European light vehicle market forecast to see 80 per cent fall in April – GlobalData
  2. Shutdowns to cost European auto industry £29bn – GlobalData
  3. Vans are a bright spot in Europe’s automotive downturn: GlobalData
  4. Car scrappage scheme would quickly benefit UK economy – GlobalData
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What Car? reveals shortlist of models battling for 2020 Car of the Year title

What Car? has announced the shortlist of 31 models in contention for its prestigious 2020 Car of the Year title. The winner will be announced on Tuesday 14 January at the annual What Car? Car of the Year Awards ceremony, held in association with Motor Easy.

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  1. Kia e-Niro electric vehicle named as What Car? 2019 Car of the Year
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  3. Mycarcheck.com: Sales spikes for alternative fuel cars and 126-650cc bikes
  4. Gone in 10 seconds: Some of Britain’s most popular models are easy to steal
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Record response rate for NFDA Dealer Attitude Survey

This NFDA Dealer Attitude Survey summer 2019 was conducted in July 2019 and asked franchised dealers 53 questions about their on-going relationship with their respective manufacturers. The questions covered a range of business issues and the impact on dealers’ satisfaction levels with their manufacturers’ relationship. Responses are scored from 1 (extremely dissatisfied) to 10 (extremely satisfied). NFDA surveyed 30 franchise networks and received 2,077 responses from dealers, equating to a record 50 per cent response rate.

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Pre-registrations are back, VRA told at July member meeting

Pre-registrations are returning to the new car market in a noticeable manner, members of the Vehicle Remarketing Association were told at the organisation’s July member meeting. Speakers Mike Jones, chair of ASE Global and Rupert Pontin, insight director at Cazana, both indicated in their presentations that late-month registration activity was increasing.

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20 million new vehicles in 2023 equipped with Siri, Alexa, Google Assistant

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As voice control continues to gain popularity in the home, consumers are increasingly hoping to use Amazon Alexa, Google Assistant, or Apple Siri in the vehicle too. An increasing number of OEMs are now poised to give in to popular consumer demands and integrate Amazon Alexa and Google Assistant in-vehicle, without the need for a handset and despite concerns over data and OEM-branding. According to ABI Research, a market-foresight advisory firm providing strategic guidance on the most compelling transformative technologies, 20 million vehicles shipping in 2023 are expected to enable one or more of these assistants, without consumers requiring a handset to use the digital assistant.

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98 per cent of UK drivers say they love their cars this Valentine’s Day

This Valentine’s Day, 98 per cent of the UK’s drivers are spending it with something they love, even if this is a vehicle. Maybe this is because for eight out of ten drivers, cars give them a sense of freedom and for four out of ten, it never lets them down? Both things which cannot always be said of real-life relationships.

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SMMT figures ‘extremely worrying’ says KPMG

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Justin Benson, head of automotive at KPMG UK, comments on the latest SMMT car manufacturing figures, which saw a 9.1 per cent fall in 2018.

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Kia e-Niro electric vehicle named as What Car? 2019 Car of the Year

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What Car? has named the Kia e-Niro electric vehicle (EV) as its 2019 Car of the Year during its 42nd annual awards ceremony, held in association with Warranty Direct and BNP Paribas Cardif on Tuesday 22 January at Grosvenor House, Park Lane.

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Mycarcheck.com: Sales spikes for alternative fuel cars and 126-650cc bikes

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Mycarcheck.com’s valuation experts reveal significant trends in the UK used vehicle market and choose a car and bike of the month.

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Best practice guidelines on ASA ruling to be discussed at next VRA meeting

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Best practice guidelines covering how to handle the recent Advertising Standards Authority ruling on previous business use cars will form the core of the next meeting of the Vehicle Remarketing Association. Taking place on 22 March at CD Auction Group in Corby, it will include a detailed presentation on the subject by Jonathan Butler of leading legal firm, Geldards, as well as member reports of how they are managing the issue.

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  1. Fuel mix to become more important remarketing issue in 2018, says VRA
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  3. Petrol car oversupply possible in the used market in the medium term, says VRA
  4. Pre-registrations are back, VRA told at July member meeting
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Used car dealers should prepare for diesel-petrol shift in two years’ time, says VRA

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Used car dealers should be starting to think about an inevitable shift away from diesel towards petrol that is likely to take effect in around two years, says the Vehicle Remarketing Association.

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  2. Fuel mix to become more important remarketing issue in 2018, says VRA
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  4. Pre-registrations are back, VRA told at July member meeting
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Fuel mix to become more important remarketing issue in 2018, says VRA

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The balance of stocking diesel, petrol, hybrid and alternative fuel used cars is set to become a more important issue for dealers over the course of 2018, says the Vehicle Remarketing Association. The trade body, which represents members that are involved in the remarketing of more than 1.5m vehicles per year in total, says that the process is likely to be relatively measured but also unavoidable.

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Related news:

  1. Used car dealers should prepare for diesel-petrol shift in two years’ time, says VRA
  2. SMMT urges government to back new-tech diesel following market decline, uncertainty
  3. Industry ‘should remain calm’ over future of diesel values, says VRA
  4. Hydrogen cars could rewrite depreciation curve, VRA members hear
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