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2009 used car sales hit worst low since 2000, says Experian
12 Mar 2010 16:42
2009 was the worst year that the used car industry has seen since 2000, according to the latest data from Experian, with Q4 seeing a particularly significant drop in sales due the scrappage scheme as well as the recession.
Research by the global information services company shows that annual used car sales fell by 5.7% during 2009 to 6,798,864 used cars. The last time the used car industry experienced similar performance was in 2000, when 6,713,269 used cars were sold
Used car sales had been falling during each quarter of the year, with the final quarter (October to December) seeing a drop of 5.9% cent compared to the same period in 2008. However, in comparison to the previous quarter (Q3 - July to September) sales during Q4 experienced a far greater drop - down 15.7%.
Ford and Vauxhall continue to own the lion's share of used car sales. The best-selling used car of Q4 2009 was the Ford Fiesta. Second, was the Vauxhall Corsa with the Ford Focus and Vauxhall Astra taking third and fourth place respectively. BMW was the only manufacturer to see a rise ... | read full article
Pendragon Contracts and Trafficmaster team up for new services
12 Mar 2010 12:37
Pendragon Contracts is joining forces with Trafficmaster to provide comprehensive fleet tracking and navigation services for customers that could help reduce fuel bills by up to 30% through effective fleet management.
The new agreement means that fleet directors and managers will be able to benefit from dynamic satellite navigation, live traffic information used to calculate the quickest route, stolen vehicle tracking and fleet management solutions.
The technology will enable fleet managers to locate drivers in real time on a map viewed on their PC, deliver traffic-avoiding routes direct to the vehicle and find the nearest driver to an address using accurate road distances. In addition, there is a facility that enables two-way messaging between driver and office, which helps managers know what drivers are currently doing such as taking lunch breaks or still working on a job. There is also the ability to set ring-fences and exception reports so that fleet managers can minimise vehicle misuse and are alerted when a vehicle enters prohibited areas.
The fle... | read full article