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Car Sales Data (96) Next Generation Car Developments (7) Pricing Issues and Practices (14) Buying a Car (187) Car Formats and Segments (5) Dealerships (164) Car Ownership (11) Makes and Models (24) Wait Times (18)

New Cars vs Used Cars in COVID times

January 14th 2021 by - | Buying a Car, Pricing Issues and Practices

New cars have stalled on dealer lots, but used cars are fetching strong valuations In April of last year, new car sales dropped 48.5% compared to 2019 figures. To help recover from this massive hit, dealers want the government to step in and modify or get rid of altogether the taxes that apply to new vehicles. They hope this will incentivize new car purchases. Compared to April 2019, the industry missed out on $1bil...

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December 2020 New Car Sales Review - Part 1

January 13th 2021 by Rene | Car Sales Data

In a good sign for the new car industry, new car sales posted their second consecutive month of growth when measures year-on-year. Signs have been looking promising for a while now, however, the late flourish to the year bodes well as we enter 2021 with more optimism for the economy and health situation at hand. In commenting on the results, FCAI chief executive Tony Weber noted that the last three months of the yea...

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New Year, New Car?

January 6th 2021 by Rene | Buying a Car

While the end of financial year is often known for being a great time to pick up a new car, it's not the only occasion that bargain hunters should have marked down in their calendars. After all, the new year brings with it a great opportunity for the astute shopper. That extra attention It's no secret that this time of year isn't quite a run-out period for dealerships. Many new car buyers have gone away on holidays...

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