FN50 profits exceed £2bn thanks to squeezed new car supply
Pe-tax profits for the FN50 exceeded £2bn for the first time, thanks to record-breaking used car prices driven by the chip shortage, new analysis suggests.
Source: fleetnews.co.uk
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Used car values record largest drop in a month in over a decade
The average value of a used car at three years, 60,000 miles, fell by 4.2% in October, equivalent to £850, according to new figures from Cap HPI.
Source: fleetnews.co.uk
Used values drop 0.9% in June so far as market returns to seasonal trends
Average used car values have dropped by 0.9% so far in June, according to AM’s latest exclusive mid-month update from Cap HPI.
Source: am-online.com