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New Car Sales

Forecast Sees U.K. New Car Market Recovery Steady for 2023

According to Cox Automotive's AutoFocus , total new car registration in 2023 is forecasted at 1,921,436, a significant increase of nearly 20% compared to 2022 figures but still lower (-16.9%) than pre-pandemic yearly registrations.

NZ Car Sales Set Record High in June

According to June 2023 sales data from the Motor Vehicle Association New Zealand, new car sales in the country were 95.5% higher than June 2022 and 2,556 units higher than the previous biggest month, March 2022 (21,004 registrations).

Dataforce Releases Update on Western European Car Market

In June, new car registrations in the major European countries were significantly higher than the corresponding figures of the previous year. New registration numbers for January to June also surpass the previous year’s numbers.

Cazoo Ends Business in Europe

The company’s decision to leave mainland Europe came at the conclusion of a recent strategic review of its EU business, which focused on a strategy to further preserve cash and position Cazoo to achieve profitability without requiring additional external capital.

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