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Car retail bosses have voiced concern that a failure to re-open car showrooms in-time for the March number plate change will impact jobs and the economy, claiming politicians have no understanding of business”.
The Society of Motor Manufacturers and Traders (SMMT) and National Franchised Dealers Association (NFDA) have both now called on Government to allow businesses to reopen their doors to car buyers “as soon as it is safe to do so”.
But retailers told AM that MPs have to show a better understanding of the impact of continued closures in March and allow the re-opening of their spacious, socially-distanced retail environments.
CAR dealers across the north have turned digital during the latest lockdown to prevent a repeat of the near complete wipe-out seen across the industry in April and May last year.
Click the thumbs up >Auto Trader has said that January’s 7.4% rise in used car values has given it “confidence we’ll see a quick return to health” as COVID-19 ‘Lockdown 3’ restrictions start to ease.
Earlier this week the online marketing platform published a set of KPIs gathered from its online car buyer data which could indicate another post-lockdown sales boom.
At the same time, it reported that January’s rise in car values had been the 10th consecutive month of price rises on the platform.
Today, its Retail Price Index revealed that the latest rise had taken the average value of a used car on Auto Trader to £14,155.