Light deflation expected, following stable wholesale market in lead up to Easter

Light deflation expected, following stable wholesale market in lead up to Easter

The UK’s wholesale used car market remained stable in the lead up to Easter, but there are signs of deflation, according to the NAMA.

Sub-one-year-old BEVs and electric vans falter in used market

BEVs turned in the only negative trends in an otherwise stable market in the lead up to the Easter Holiday period. The National Association of Motor Auctions reported that electric vans “in particular” are not performing as strongly as ICE counterparts taking seven days longer to find a retail buyers. It added that sub-one- year-old BEV models have been experiencing some challenges. “In the lead up to the Easter bank holiday weekend, we saw stab…

UK 'main driver of growth' in Europe's March new car registrations

The UK was the largest market for new car sales in March, driving an uptick in registrations across the continent.