Auto Newsletter October 2023

Mixed messages from vehicle sales

… but consumers know what body shapes they want

In this issue of Auto Insights we see that while September fell short of expectations, new vehicle sales in 2023 are ahead of 2019 volumes, indicating that the market is running slightly ahead of pre-Covid levels. But while the market battles tough economic conditions, consumers are making it clear which body shapes they want. Lightstone has given its LIVE mobile APP a makeover and we congratulate Lightstone’s Star Reacher Quarter 2 winners.

New vehicle sales go into September reverse

New vehicle sales in September 2023 were 4.7% down on September 2022, according to naamsa, although importantly overall sales for the first nine months of 2023 were 2.5% higher than the previous year – and 16.2% above sales for the same period in 2021.

Women crossover while men like to hatch

The transition to Crossover/SUVs continues. Women buyers are switching to Crossover/SUV and Double-Cab body shapes, while men still prefer the Hatch although interest in Crossover/SUVs and Double-Cabs is increasing.

LIVE Mobile has had a makeover

Lightstone Auto has recently introduced existing LIVE app users to the new Lightstone Auto mobile app. The app brings users the same great features (and more) – with a modern look and improved user experience.

Lightstone Star Reacher F&I Awards Quarter 2 shining gems

The Lightstone Star Reacher F&I Awards programme puts the spotlight on top performing F&I Managers – and rewards them with great quarterly and annual rewards. We list our winners and top performers in each category for Quarter 2.