Home » Market News » DirectorsTalk Highlights » Petrol cars dominate used car market in April, says Indicata
Vertu Motors Plc

Petrol cars dominate used car market in April, says Indicata

The fastest selling used cars in April were petrol models, as demand for the fuel outweighed that of diesel for the first time.

Hyundai took the number one spot in the used car rankings, which are compiled by Indicata, with its Tucson SUV (pictured above), for the second consecutive month.

It shared the position with BMW’s 3 Series, which has seen a boost in demand since the launch of an all-new model.

Neil Gilligan, national business development manager, Indicata UK explained: “April’s data serves to highlight the strength of the petrol market in April and signals one of the first months where diesel demand was outweighed by petrol.

Vertu Motors Plc (LON:VTU) operates as an automotive retailer in the United Kingdom. The company sells new cars, motorcycles, commercial vehicles, and used vehicles, as well as provides related aftersales services. It operates a chain of franchised motor dealerships under the Bristol Street Motors and Macklin Motors brand names.

To read the full news article please click here

Receive our exclusive interviews – Enter your email to stay up to date.

Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.