Press Release: Auto Trader : Auto Trader accelerates as digital dealer finance adds new gear

Auto Trader pulled up to the City bumper with full year results as its efforts to control costs and develop new products allowed it to cope with a decline in new and used car deals. In the year to March 2018, sales decreased for both new and used cars, with industry forecasts suggesting both markets will remain in a lower gear for the rest of 2018. While the car industry saw new registrations skid 11% lower to 2.4m in the 12 months to 31 March, lower rates of scrappage resulted in used car transitions falling 3% to 7.9m.