Auto Trader Group plc
Auto Trader Group plc
04/04/2025 | Press release | Distributed by Public on 04/04/2025 05:34
Commentary | New car registrations February 2025
March was positive for the new car market, with brand and retailer incentives successfully drawing buyers back into showrooms and converting pent up demand. It's great to see the strong demand indicators displayed on the Auto Trader platform since the start of the year, including new car visits up 12% in March on 2024, now flowing through into robust new car deliveries and registrations that also grew by similar amounts.
"Electric car demand growth is also promising and with an average 11.7% discount on the RRP of the cars compared to 8.4% for the rest of the market, it's clear the industry is doing its bit to stimulate demand by making electric cars more affordable. We'll now have to watch for the impact of tariffs on the sector, which look set to make business even harder for the manufacturers."
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