Last year will be remembered, perhaps, as a year of two markets with new car registrations under pressure and the used car market, for many, remaining profitable and in good health.
For new car sales, uncertainty over Brexit and the impact of WLTP have taken their toll. According to Auto Trader director Ian Plummer, whose career has taken in stints with carmakers, including Nissan, dealers face a difficult year end in new cars.
Thanks to a perfect storm of unforeseen challenges over the last few months, retailers are facing a financially difficult close to 2018. Despite what has been an undoubtedly challenging year for the industry, the market continues to remain relatively buoyant.
BCA Marketplace PLC (LON:BCA), together with its subsidiaries, owns and operates a used vehicle exchange in Europe. It operates through Vehicle Remarketing, Vehicle Buying, and Automotive Services segments.
