A car retailer has avoided jail after admitting a £23,000 fraud to meet debts built-up as the result of a “significant midlife crisis”.
Used car values have reached a “tipping point” with prices rising for the first time in five months as an easing of COVID-19 ‘Lockdown 3’ retail restrictions draw nearer, says Cap HPI.
Aston Barclay is preparing to welcome car and van retailers back to its auction halls after 84% of buyers voted for a return to physical trading.
Robins & Day will open the doors to a new Citroen UK showroom in Leicester after the brand moved under the same roof as fellow Stellantis brands Peugeot and DS Automobiles.
Volkswagen has been accused of “deception” and spreading “misinformation” in the US following an early April Fool’s prank which suggested the German car brand was set for a ‘Voltswagen’ rebrand.
Kia's new EV6 crossover is the first of 11 new elelctric vehicles (EV) the brand hopes willl propel it to 1.6 million alternative fuel vehicle (AFV) sales by 2030, with EV sales reaching 880,000 units.
Sherwoods Motor Group has been named as Citroën UK Retailer of the Year 2020 following the success of its Gateshead franchise in a COVID-impacted year of car sales.
Pendragon has completed the process of selling off its US-based Hornburg car retail division with the sales of its Jaguar Land Rover (JLR) dealership in Santa Monica, California.
The car retail sector’s growing reliance on clicks over bricks drove Cazoo’s “crazy” £5 billion market float valuation, according to Vanarama chief executive Andy Alderson.
The UK Government’s counter-intuitive policy of reducing EV purchase incentives while urging their widespread adoption has car buyers “thinking again”, says Stellantis boss Alison Jones.
The Volkswagen Group has confirmed that it intends to pursue a dieselgate damages case against former chief executive Martin Winterkorn and Audi CEO Rupert Stadler.
Government has announced £30m of investment in EV and hydrogen technology to help launch studies into the creation of a UK lithium supply chain, improvements in battery safety and the re-use of car batteries.
The Vehicle Remarketing Association (VRA) has launched a quick-fire ‘five-minute briefing’ document series with a series od short sector-wide takes on the reopening of car showrooms after COVID-19 ‘Lockdown 3’.
Cazoo is set to be listed on the New York Stock Exchange following the signing of a definitive business combination agreement with US-based acquisition company AJAX.
Snows Motor Group has appointed Autocar Great British Women in the Car Industry awards winner Diana Mackinnon as head of business for its BMW/Mini division.
