New car sales higher in October!

The opposite to whats happening with used car sales is happening with new car sales! Motor car sales have risen by around 30% last month. The sales are due mainly to the extension of the scrappage scheme, in fact around 20% of the sales have been through the scrappage scheme.

The demand for fleet vehicles has also gone up from businesses which is good for fleet dealers. Last October there was around a 20% fall so to be up by so much this October is very good news. It is expected that sales will continue to go up for the next couple of months to the end of the year with fleet demands gradually decreasing. Watch this space!

For fleet insurance or motor trade insurance, you can visit broadsure direct at their website here. For more information on fleet insurance, click here and for more information on motor trade insurance, click here.

General Motors Keep Hold of Vauxhall

After much deliberation of a take over. Opel/Vauxhall are staying up with GM (General Motors). It comes as quite a shock to the motor trade industry as it was almost certain that they would be moving to Magna International based in Canada.

The reason that the take over has fallen through could be from the 4.5 Billion Euro loan they received from the German government.  According to GM, the European market has improved and so has their own financial stability (this could be from the huge loan!). It proves that its possible to revive a fallen motor company, especially in the current climate. For Vauxhall/Opel, its onwards and upwards, working on what they do best and improving their vast range of vehicles.

Broadsure Direct offer motor trade insurance, if you would like a quote you contact Broadsure Direct on 0845 658 6587 or go to their website and fill out a motor trade form and receive a call back.

Used car sales dropping rapidly

Motor car sales are beginning to drop fast in a short space of time according to latest research on the internet.

Car values at auctions are falling and internet prices are falling too. Whether the recession is still hitting the country and affecting car prices, its not easy to tell but all of a sudden prices have dropped and there must be a reason. It has literally been over the last month that companies have started to find prices have dropped in the motor trade. In the motor trade industry, companies and individuals are apparently nervous about the prices they are going to pay for vehicles. We shall keep you updated or any other trends in the motor trade or car industry.

For motor trade insurance, you can contact Broadsure Direct for a quote. Visit their website here or call 0845 658 6587.

Motor Trade Show – 12th November 2009

Car Manufacturers are looking to snap up various motor trade dealers in the UK for the Motor Trade Exhibition taking place in Camberley, Surrey on the 12th November.

Theres going to be some big names attending including Alfa Romeo, Subaru, Renault, Mazda and many more. The exhibition is free and is aimed for companies wishing to expand or take on a new franchise. It gives companies a chance to check out the latest technology and see what the car manufacturers have to offer.

It is being held at the Frimley Hall Hotel, for more information click here.

Broadsure Direct offer Motor Trade insurance. To find out more about our policies, or to find out how to receive a quote. Click here.

Hyundai continue to get busy!

Hyundai are still continuing to get more and more motor car sales in from the government scrappage scheme. This time, its all revolving around the release of the ’59′ number plate.

Literally thousands of customers are going to be trying to get their hands on new motor cars with this number plate on. With discounts up to £5,000 on some new cars,  the offers are irresistable to new buyers.

Fortunately, hyundai are able to cope with the volume through extra staff and extra units being produced and shipped over to the UK. If you need motor insurance for your trade, then visit Broadsure Direct Motor trade specialists for a free, motor trade quotation. Visit http://www.broadsuredirect.com/motortrade-insurance.htm for more information.