New consumer car finance volumes declined 3% in October to leave the sector 20% down year-to-date, according to the latest data from the Finance and Leasing Association (FLA).
Aftersales service plan specialist EMaC has promoted “pivotal team member” Liam Finney to the role of director of commercial partnerships.
The Sytner Group has completed the latest expansion of its CarShop used car supermarket division with the opening of its largest retail site to date – a “multi-million pound” facility in Nottingham.
Vertu Motors has completed its long-awaited acquisition of 12 BMW, Mini and BMW Motorrad franchised motor retail outlets across five locations from Inchcape’s Cooper BMW division.
Declining new car sales in 2020 are set to deliver a £300 million aftersales revenue decline for franchised car retailers over the next 12 months, according to BookMyGarage.
HR Owen’s Rolls-Royce Motor Cars dealership in London has responded to a shift towards remote commissioning of bespoke luxury cars and a virtual showroom experience ahead of a move to its new Mayfair showroom.
Read Motor Group will add an MG Motor UK franchise in Grimsby to its car dealership portfolio early in 2021.
The UK Government’s COVID-19 ‘Lockdown 2’ took a £1.3 billion toll on car sales during November as registrations declined 27.4%, according to the Society of Motor Manufacturers and Traders (SMMT).
A fast-thinking TrustFord employee chased and apprehended a car thief who pushed aside a sales executive before speeding from the AM100 retail group’s Castleford forecourt in an £8,000 Audi A1.
Carzam has officially launched its new online car retail platform with a promise to differentiate itself from rivals through the provision of “the absolute best used car stock”.
The success of Cambria Automobiles-backed mobility provider SOGO will be underpinned by a series of “high quality hires”, according to managing director Karl Howkins.
BMW Group Financial Services general manager for digital, sales channels and insurance, Preston Rogers, has been appointed as the new head of Alphera Financial Services.
Car retailers across the UK suffered their first new and used car order decline since June during a COVID-19 ‘Lockdown 2’ impacted November, according to Dealerweb.
Arnold Clark has insisted that staff who experience COVID-19 symptoms are instructed to remain at home after allegations that a senior member of car dealership staff exposed colleagues and customers to the virus by continuing to work.
The Cupra brand has reached a “tipping point” in the UK with the impending opening of retail stores at Westfield White City and Lakeside Bromley as part of the performance car brand’s 58-strong dealership network.
