Research and Markets: United Kingdom Car Dealers Market Update 2014

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/tck27p/car_dealers) has announced the addition of the "Car Dealers Market Update 2014" report to their offering.

The authors estimate that in 2013, the car dealers market within the UK defined as the sale of passenger cars and light motor vehicles grew by 5.2%. This growth was largely attributable to the robustness of the new car sector within the market, which saw a substantive recovery in the number of new vehicle registrations in both 2012 and 2013. The volume of used car sales continued its decline in 2013, although more optimistic signs are evident for the future.

The car dealer market within the UK is a highly competitive segment, with numerous and varying enterprises contained within it, ranging from major global and domestic multi-franchise vehicle distributors, to less-imposing regional single-franchised operations, alongside a considerable number of smaller independent used car dealerships.

The UK automotive industry, including car dealerships, is currently undertaking somewhat of a robust renewal, particularly in comparison to some European countries whose own automotive industries continue to remain sluggish. The momentum within the industry marks an impressive departure from a few years previously when the automotive industry suffered particularly harshly as a result of the 2008/2009 recession and subsequent economic downturn. Presently, in distinct contrast to European competitors, where output and registration of new vehicles continue to decline, the UK automotive industry has witnessed robust growth in the number of new passenger car registrations, with growth of 5.3% and 10.8% witnessed in 2012 and 2013, respectively.

Although the automotive industry is, to some extent, not reaching its full potential due to factors such as high fuel prices and the rising popularity of car sharing the industry nevertheless is benefiting from the broader economic recovery apparent within the UK, which has seen consumer spending rise following positive economic data concerning lower inflation, lower unemployment, rising wages and low interest rates.

The authors forecast that in light of the acceleration of economic growth in the UK, and the subsequent rise in disposable incomes, consumers will continue to purchase both new and used cars at increasing levels in the coming years, which in turn will benefit the car dealership market.

Key Topics Covered:

1. Market Definition

2. Market Size

3. Strengths, Weaknesses, Opportunities and Threats

4. Current Issues

5. Forecasts

6. Company Profiles

- Addison Motors Ltd.

- Allen Ford (Uk) Ltd.

- Arnold Clark Automobiles Ltd

- Ford Motor Company Ltd

- Honda Motor Europe Ltd.

- Inchcape Plc.

- Jct600 Ltd.

- Listers Group Ltd

- Lookers Plc

- Mercedes-Benz Uk Ltd

- Pendragon Plc.

- Peugeot Motor Company Plc.

- Sytner Group Ltd.

- Volkswagen Group Uk Ltd.

For more information visit http://www.researchandmarkets.com/research/tck27p/car_dealers

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
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Sector: Automotive

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Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-415-1241
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Automotive