Mountune, the tuning and parts specialist for performance and racing Fords, has announced that it is seeking a buyer or investment partner for the business.
Motorpoint sales executive Sophie Johnson is set to feature in a new BBC TV daytime show that will highlight working in the automotive retail industry.
The pressure is on for car retailers to make a success of September ahead of an uncertain Q4.
Drivvn has entered the UK market as a new online vehicle sales platform aimed at automotive retailers and car manufacturer clients.
A new integration between iVendi and CitNOW allows a ange of finance options to be launched straight from dealer videos.
The September plate-change campaign will be the next big test for new car finance offers
London-based car subscription company Drover is aiming to scale up its business in the UK and France after attracting £20.5 million from new investors.
Before the lockdown, many of the UK’s largest motor auction and remarketing companies were enjoying successes in signing deals. Now, as the sector gears up to return to normal, they are well placed to support the recovery.
Kia, Renault, Dacia, Seat, Skoda and Suzuki in particular have been offering strong new car finance offers since June to help the new car market revival.
Cazana, the vehicle data company, has confirmed that used car pricing has not raced to the bottom during lockdown.
Government’s ‘travel by car’ advice fuels hope for market revival
Large numbers of de-fleeted vehicles, postponed PCP returns and terminated PCP agreements caused by Covid-19 will cause a negative ripple effect on car values, according to Automotive Services International (ASI).
Automotive Services International has said automotive finance payment deferrals introduced during the coronavirus pandemic could see customers incur unintended costs.
While used car performance helped to deliver stable levels of profit and volume in 2019 there have been some signs of an early wobble in 2020 with pressure on petrol values in particular.
MFG Group chief executive Declan Gaule speaks to AM's Tom Seymour about the company's developments for 2020
