There are gaps in the UK market for used car dealers to exploit.
Customers’ faith in its product and a doubling of its sales capacity are key to Carbase’s ability to ‘deal on the day’, says general manager Gordon Veale.
Showroom finance sales for new cars rose by 12% in April, according to Finance & Leasing Association figures. By value, it was 17% ahead of April 2015.
The retail new car market has declined for the second consecutive month.
CarCliq has hired former Auto Trader and Cap Automotive executive Ben Maguire as its new managing director.
Pauline Ann Best, a human resources veteran currently global people and organisation director at Specsavers Optical Group, has joined the board of Vertu Motors.
Vertu Motors has bought Gordon Lamb Group in Derbyshire and gained its first Toyota dealership, plus more Land Rover, Nissan and Skoda sites.
Growth in new and used car sales has boosted Caffyns’ revenues by 10.6% to £232.5m.
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Ridgeway Garages, the Newbury-based premium brand dealer group, has been sold to Marshall Motor Holdings for £106.9m.
Cameron Wade has been appointed as managing director of the motor division at Peter Vardy, the Scotland-based AM100 dealer group.
Aftersales systems company Clifford Thames has won contracts with BMW and Mercedes-Benz.
Citroen wants the C4 Cactus to appeal to consumers with active lifestyles and is launching a special edition with surf brand Rip Curl.
Alejandro Noriega is the new head of Fiat’s van sales operation in the UK as country manager, Fiat Professional.
Breaches of consumer protection laws by Revolution Motors has led to Imran Khadam being banned from being a company director.