The adoption of an agency model for the car retail sector is now “not an option but an obligation”, according to a report published by Capgemini today.
TrustFord has pledged to donate £20,000 from the TrustFord Trust to Ben in response to the charity’s urgent plea for assistance amid £1m funding shortfall.
TrustFord’s Alperton dealership site has been offered for sale as the Ford of Britain-owned AM100 car retail group consolidates as part of the brand’s plan to close almost half of its UK franchised retail sites.
Business leaders from AM100 franchised car retailers Sytner, Lookers, TrustFord have joined the NFDA in lobbying Northern Ireland MPs on a Brexit tax issue which could result in a 20% price hike for used cars.
Electric vehicle (EV) enquiries soared by 500% after this week’s UK Government announcement that it plans to ban the sale of cars and vans powered wholly by petrol or diesel engines in 2030.
The Cox Automotive Insight Report 2020 has urged car retailers to respond rapidly and plan for the ‘short-term’ in a bid to achieve success amid the current trading climates various headwinds.
COVID-19 ‘Lockdown 2’ has sparked a rapid rise in the volume of digital car finance deals being forwarded to dealership customers, according to iVendi.
Marshall has pledged a £10,000 donation to Ben as part of a ‘Xmas Do-nation’ charity campaign launched by MotorVise to plug the charity’s £1m 2020 funding shortfall.
Peugeot has increased its deposit contributions by £950 as part of an “Exclusively for You” offer giving motorists up to £8,100 off until the end of 2020.
Cazoo is hoping to score a marketing victory with exposure to 14 million UK sports fans after signing a ‘seven figure’ Rugby League World Cup 2021 sponsorship deal.
Snows Motor Group has seen its offer of its ‘Click & Go’ click and collect used car retail offering deliver soaring sales results during COVID-19 ‘Lockdown 2’.
Car retailers will be able to continue trading after Scottish First Minister Nicola Sturgeon moved into Level 4 COVID-19 lockdown – implementing the nation’s most stringent mitigation measures.
Ben has issued an urgent plea for financial assistance after amid a £1m funding shortfall and a COVID-triggered 50% increase in calls for help from automotive industry employees.
Used car values declined by 2.1% during October and have seen a 2% dip so far in November but there is "no cause for alarm", according to Cap HPI.
UK Prime Minister Boris Johnson has revealed Government’s plan to ban the sale of new purely petrol and diesel-powered cars and vans by 2030 as part of a 10-point “green recovery” plan.
