Latest news for BCA 
High fuel prices boost interest in alternative fuels(13/11/2008)
Higher fuel prices and the effects of the economic downturn are continuing to boost interest in alternative fuels. Alongside news that motorists are driving less, car sharing and even down-sizing due to the rising cost of living, new data from BCA shows that average values for eco- and alternative fuelled cars continue to outperform the rest of the market. BCA’s Tim Naylor commented "The key issue for ‘green’, alternative fuelled cars is acce... [more]
Used car buyers know exactly what they want(17/03/2008)
What is it that used car buyers are looking for when buying from a dealer? BCA has revealed the findings of research into why used car buyers choose a particular dealer – with some interesting results. As part of BCA’s Used Car Market Report research, used car buyers were asked to rank the fifteen factors they believe are most important when choosing which dealer to buy from. Not surprisingly, a whopping 50% of used car buyers put ‘exactly... [more]
Blue and silver most popular for new cars(14/03/2008)
While silver is often quoted as the most popular shade for new cars, when it comes to used cars, blue is the colour according to new research by BCA. When BCA analysed the colour spread of over 125,000 vehicles last year from a huge range of sources, hundreds of individual colours were recorded, ranging from Antique Green to Zambesi Silver. Once sorted into broad constituent colour groups, blue was most popular colour, but only by a fraction of a... [more]
Strong start for Motor Auctions in 2008(05/03/2008)
BCA reports that January trading conditions have exceeded many expectations with generally buoyant and competitive bidding in the auction halls, but warns against complacency going forward. In January 2008, BCA’s overall sales volumes increased and average selling prices improved against last year. BCA’s conversion rate averaged 69% across the board during January, on a par with last year’s record performance despite volumes entered rising. ... [more]
Other car news
Car sales drop 'a further blow for industry' (Australian Broadcasting Corporation)Former managing director of Mitsubishi Australia, Graham Spurling, says a 10 per cent drop in new car sales is more bad news for the industry. |
Despite a puttering auto industry, local used car dealers hold their own (The Union)At a time when the U.S. auto industry is struggling to stay afloat, Weaver Auto and Truck Center sits vacant, and the winter doldrums is coming on fast, Lee Hartwell is jumping into the used car business in Grass Valley. |
Economy Forces Car Dealers to Slash Prices (FOX 7 News Austin)The credit crunch has not only affected the financial industry, but it has also devastated car sales. Auto sales are now at a 25-year low. In an effort to clear their lots of cars, dealers have been offering huge discounts on new cars. FOX 7's Rudy Koski reports. |
New car prices lower during auto industry bailout uncertainty (The News-Press)TAMPA -- It's a frustrating time for Carlos Ramos, New Car Sales Manager of Bill Currie Ford Lincoln Mercury. |
Car industry rescue splits Democrats (Independent)A power struggle is developing inside the Democrat party between West coast environmentalists and the union-sponsored representatives of the party's industrial heartland, in a battle that will affect the future of the cash-strapped US car industry and shape President-elect Barack Obama's efforts to tackle global warming. |
Electric Car Carries Clean-Energy Investors' Hopes (NPR)Silicon Valley venture capitalists are investing in clean energy, with the electric car their vehicle of choice. While the economic meltdown has crimped immediate sales plans, electric-car manufacturers hope for a thin slice of the $25 billion auto industry bailout being considered by Congress. |
Car dealers ask Ottawa to support auto sector (AFP via Yahoo! News)Canadian car dealers are predicting a record sales year in 2008, but fear a credit crunch and US auto manufacturers' woes could still force several shops to close, their association said Friday. |
Car dealers pitch for auto sector aid (Reuters via Yahoo! News)Car dealers are heading for near-record sales this year but asked the federal government on Friday to help auto manufacturers and to make it easier for dealerships to get financing. |
Malaysia October car sales skid (Business Times (Malaysia))NEW car sales in October fell 13 per cent over the same month last year and this is likely to continue for the rest of the year as consumers cut back on spending. |
Car Sales Soar Despite The Auto Industry's Need Of A Bailout (KBTV Beaumont)Its been a tough month for Hugo Ramirez. He's deciding if he'll purchase a 2007 Chevy Silverado. But that's not the only thing on his mind lately. "The big three are asking for a loan. What's going to happen to us. This is real critical." Ramirez said. |
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