The UK Government’s reinstatement of the VAT margin scheme for Northern Ireland’s used car retailers has “cut-off” a logical supply route to the Republic of Ireland.
Lookers’ Kia Stockport car dealership has been named as the Korean car brand’s Dealer of the Year and claimed its Sales Excellence Award at the annual Kia Dealer Excellence Awards 2020.
Pebley Beach Group managing director Dominic Threlfall has told AM that he took the decision to end click and collect car sales in COVID-19 ‘Lockdown 3’ as it was “morally the right thing to do”.
The cinch online car retail platform has appointed Robert Bridge as its new chief customer officer – bringing leadership experience from Yahoo, The Telegraph and Childs Farm.
The Scottish Motor Trade Association (SMTA) has confirmed that car dealers are permitted to continue with click and sales amid tighter COVID-19 lockdown regulations announced yesterday.
Groupe Renault has revealed details of a new “Renaulution” strategy which aims to halve the Renault, Dacia, Lada and Alpine carmakers’ number of vehicle platforms while delivering 24 model launches by 2024.
The Finance and Leasing Association (FLA) has welcomed changes to Financial Conduct Authority (FCA) legislation which will allow motor finance firms to resume car repossessions from motorists who miss regular repayments.
The UK Government has confirmed that it is reinstating the VAT margin scheme for cars imported and resold by car retailers in Northern Ireland – avoiding pressure on dealer margins and price increases for customers.
Consumer car finance business volumes declined by 25% during November according to the latest market data from the Finance and Leasing Association (FLA).
John Clark Motor Group has said that it expects to have profitability “significantly ahead” of its pervious year in 2020 after recovering from the COVID-19 coronavirus lockdown of H1 with a “strong trading” performance.
Inchcape UK chief executive James Brearley described the support delivered by automotive sector charity Ben as “phenomenal” as the AM100 car retail group made a £10,000 donation to the cause.
Jardine Motors and Trustford HR directors Clare Martin and Sharon Ashcroft gained special recognition as the Automotive 30% Club presented its annual ‘Inspiring Women’ automotive sector awards.
TrustFord’s mile-munching Breakout for Ben fundraising initiative will be rolled-out to the entire industry in a bid to help the automotive charity plug a £1 million fundraising gap in 2021.
Online car retailer Cazoo has revealed that intends to open 12 more Customer Centres to facilitate click and collect car handovers after opening its 14th location in Newport Pagnell.
The emergence of the more virulent strain of COVID-19 coronavirus and renewed lockdown restrictions made the average car retailers’ bid to match their 2019 profits “unachievable” last year.
