The used car market in the UK is thriving. However, as the economy and consumer disposable income improves, the industry is seeing a massive increase in new car registrations. In our latest automotive sector factsheet, we look at whether the booming new car market is going to come at a cost for the used car market.
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Latest News & Events
Sales growth of electric vehicles in the UK slows to just 7% per annum
Sales of electric cars have slowed in the past 12 months, increasing just 7% to 13,590* in 2017/18, up from 12,710 in 2016/17, our research shows.
Will 2018 be another strong year for the automotive sector?
With many automotive businesses entering 2018 with some nervousness and caution, the market has remained remarkably buoyant for the first four months of the year.
UK car prices rise 9% in just a year as import costs bite for manufacturers
The cost of a new car in the UK has risen by 9% in just the last year, our research shows.
The monthly cost of leasing a basket of some of the most popular car models in the UK rose from an average of £232 in February 2017 to £253 in February 2018*.
UHY International capability statement 2019
This year’s edition includes again some great case studies from a range of international clients across a variety of industry sectors including: minerals, electronics and IT, energy, construction, media and communications, pharmaceutical, transport & infrastructure and retail.
Automotive corporate finance support
If your future plans include buying or selling a business, or raising equity or debt finance to facilitate growth, you will need specialist CF support.
UHY International capability statement 2018
This year’s edition includes again some great case studies from a range of international clients across a variety of industry sectors including: engineering and industrial, media and communications, leisure, health sciences and biotech and financial services.