Chancellor of the Exchequer Rishi Sunak has extended the Government’s Job Support Scheme (JSS) to the end of March.
Kellie Grocott has been appointed as director of sales for RAC Dealer Network at Assurant following the promotion of Sean Kent into the role of UK client director for automotive.
Auto Trader has reported a 37% decline in revenue and 48% dip in operating profit in a COVID-19 half-year trading update.
Inchcape’s car retail revenues declined 17% during Q3 despite a ‘stronger than expected’ COVID-19 recovery from its operations in the UK and Europe.
The SMMT has said that COVID-19 Lockdown 2 and the Welsh firebreak are set to result in the UK’s weakest new car sales performance since 1982, following a 1.6% decline during October.
Clarks of Kidderminster has growth its turnover to over £100 million after growing its car retail portfolio with the addition of Citroen, Ford, Mazda and MG franchised sites in 2019.
Cap HPI is poised to handle any large volume vehicle price hikes from car manufacturers in the event of a ‘no-deal’ Brexit.
Consumer motor finance defied September’s 4.4% new car registrations dip to record a 7% year-on-year rise in volumes and 11% growth by value, according to the Finance and Leasing Association (FLA).
Perrys has closed its Ford dealership in Retford as part of the car manufacturers plan to close almost half of its UK franchised car retail locations.
The Independent Garage Association (IGA) has welcomed Government’s decision not to offer motorists another MOT extension and allow aftersales operations to remain open during ‘Lockdown 2’.
CD Auction Group will launch a new dealer-to-dealer online remarketing platform as part of expansion plans under new operations director Andy Pearce.
Hendy Group is considering an appeal after a planning decision which rejected plans a £25 million ‘Motor Village’ multi-brand car retail site at Tunbridge Wells.
Car retailers have once again been urged to “hold firm” with their used vehicle pricing as the UK returns to COVID-19 lockdown this week.
Car retailers’ efforts to drive sales through digital sales processes designed to overcome the challenges of COVID-19 delivered a 10% increase in new car orders last month.
The new all-electric Fiat 500 hatchback will be priced from £19,995 and deliver a range of up to 199 miles, according to newly released details of the brand’s first pure EV.