Arnold Clark Autoparts has been named the ‘Factor of the Year’ at the CAT magazine Awards 2023.
Car retailers who suffered “significant pain” as a result of a recent slump in used electric vehicle (EV) values could soon be seeking out zero emission forecourt stock once again, according to Cap HPI.
Ford will axe 1,300 jobs in the UK as it moves to “eliminate” 3,800 jobs across Europe in the next three years as part of a strategic realignment of its operations in the region.
Waylands Automotive chief executive John O’Hanlon admits the group has “unashamedly” been investing heavily on its car dealership property ahead of Swindon Volvo opening.
China’s largest car exporter Chery has revealed plans to enter the UK market with its Omoda 5 crossover in 2024 – with the promise of several other models to follow.
The Vehicle Remarketing Association (VRA) has called for Government to introduce new incentives to support motorists looking to adopt zero-emission transport through the purchase of a used electric vehicle (EV).
A “busier than expected” start to 2023 continued to drive the used car sector’s imbalance between supply and demand – propelling values to a record £18,937 on eBay Motors.
Vospers has grown its Stellantis representation in Plymouth by taking over the Vauxhall franchise in Plymouth from Pendragon’s Evans Halshaw business.
Former Motorpoint operations director Paul Winfield has died, aged 68, prompting a flurry of tributes to an “inspirational” and “lovely human”.
Passionate, driven and caring were among the terms used to describe Horizon Magna Motor Group founder and chairman Colin Sharpe after he died at the age of 77.
Mercedes-Benz UK chief executive Gary Savage has said he finds the roll-out of the brand’s direct-to-consumer agency model car retail strategy “hugely exciting” – despite agents' two-tier car retail sector concerns.
The UK's used LCV market has got off to “a flying start” in 2023 as an easing of supply issues sees a glut of “pandemic worn condition” vans enter the auction halls.
Former Eden Motor Group operations director Mark Clifton will help Drive Motor Retail fulfil its ambition of becoming “a leading dealer group” after being appointed general manager of its Aldershot site.
The automotive sector’s new car supply “squeeze” has been blamed for an 8.5% decline in used car sales during 2022 – with margins remaining strong as retailers struggled to source stock.
Over a third of UK motorists are choosing to hold on to their cars longer as the cost-of-living crisis makes consumers increasingly averse to long-term finance agreements.
