Page 44 - Ian Plummer News Today

Disruption to new car production since the start of the coronavirus pandemic has led to an increase in the number of old cars remaining in use.

Disruption to new car production since the start of the coronavirus pandemic has led to an increase in the number of old cars remaining in use.

The automotive retail sector’s used car shortages “will stick with us” for some time to come but it is not altogether bad news, Auto Trader commercial director Ian Plummer has told the AM News Show.

Consumers are shying away from expensive used electric vehicles (EV) amid escalating cost-of-living pressures, according to used car stock management and marketing specialist Indicata.

Registrations of new cars in the plate-change month of September reached 225,269 units; the 4.6% uplift marking the new car market's second successive month of year-on-year growth, SMMT data shows.

Customers are paying 42pc more since May to power up their vehicles

The IMI has revised its forecast for when the shortage of EV trained technicians will hit the aftersales sector.

New Prime Minister Liz Truss has told the House of Commons that the “most in need” UK businesses will receive support to tackle soaring energy bills.

The decline in the United Kingdom’s automotive market appears to be over as new car registrations rise

Overall growth in the month was driven largely by battery electric vehicles, which recorded a 35.4 per cent upturn in volumes and a 14.5 per cent market share, the SMMT said.