According to the latest Auto Trader Price Index, the average asking price of used cars in Q1 2012 was £8,891, a fall of 3.9% on the same period last year.
Dealer-Auction reports a softening in franchised dealers’ part exchange values in March compared to February, with average used car values falling by 3.1% to £3,058.
Stratstone has picked up nine manufacturer awards over the last twelve months as Pendragon seeks to provide an ‘unrivalled, personalised service’ in the luxury segment.
The Society of Motor Manufacturers and Traders (SMMT) has teamed up with the Foyer Federation to pilot an automotive ‘Working Assets’ programme to encourage young people to join the industry.
New recruitment company Job Co-op Automotive says a ‘double the average’ staff turnover rate is ‘crippling dealer profitability’.
New research commissioned by Motoring.co.uk shows that consumers rely on motoring portals and dealer websites far more than manufacturer websites when researching potential purchases.
Julie Eley, group operations manager for ADR Accident Repair Centres, has been elected Chair of the RMI’s National Association of Bodyshops (NAB).
Infiniti has unveiled the latest addition to its G Saloon line-up in the UK, the G37x S.
To battle the widespread problem of SMS distraction, Ford will introduce a new text-to-speech feature, SYNC, later this year.
Just weeks after its debut in Geneva, Seat is already taking orders for its new Mii three-door city car. With prices starting at £7,845 on the road, UK deliveries are scheduled to begin in June.
A new website, CarRush.co.uk, is promising ‘exclusive, unbeatable and time limited deals’ on new cars, providing dealers with a new channel for shifting excess stock.
Franchise dealers are seeing a sharp rise in profitability from their trade stock via online auctions, although reduced demand for 4x4s hit the premium sector.
Nissan sold "around 800" units of its Leaf electric vehicle in its first full year of sales and is looking to expand its EV network from 32 to 150 dealers before the end of this year.
MG Motor UK is enticing new apprentices with the promise of a ‘trip of a lifetime’ to China.
Toyota has introduced a new warranty programme for customers buying its Approved Used cars with up to 150,000 miles on the clock.
