Retail and production
Car
New car registrations |
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New car forecast |
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1.90m (upside) |
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1.71m (baseline) |
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1.61m (downside) |
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Used car transactions |
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Used car forecast |
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7.51m (upside) |
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7.09m (baseline) |
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6.88m (downside) |
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UK new car production |
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Retail margin |
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Retail demand |
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Used car supply |
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Market health |
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Median days before sold |
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Wholesale
Car
Average sold price |
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Wholesale price index |
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Average mileage |
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Average age |
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First-time conversions |
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CAP value movements |
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Wholesale supply index |
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Wholesale demand index |
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Commentary
"In the crucial first quarter of the year, global production and new vehicle supply levels have exceeded expectations. In certain instances, we’re seeing shorter lead times and increased consumer and fleet incentives to register unsold product. The Cox Automotive Data Dashboard reflects this activity, with positivity in wholesale supply levels and first-time conversion rates. Despite caution towards used BEVs remaining, many are now considered good value. On the other hand, there is a high demand for ‘retail-ready’ petrol and diesel vehicles due to supply shortages caused by reduced production over the last three years, and we don’t anticipate values of these vehicles to ease any time soon."
Updated: 22/03/23
Philip Nothard, Insight & Strategy Director
Retail and production
Commercial vehicle
New LCV registrations |
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Used LCV transactions |
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UK LCV production |
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New HGV registrations |
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Wholesale
Commercial vehicle
Average sold price |
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Average age |
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Average mileage |
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CAP average |
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First-time conversions |
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CAP value movements |
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