BCA has reported that “exceptionally strong interest” in LCVs saw vehicles selling for an average of 13% over guide value expectations during August.
A new Volvo Cars UK dealership looks set to open on the outskirts of Bristol following the signing of a pre-let agreement on the site of the former Rolls-Royce East Works site in Filton.
The motor finance sector must reinvent itself in light of the Financial Conduct Authority’s (FCA) new regulations which will ban all discretionary commission models from January 28.
The UK’s automotive sector registered the fastest output growth of all sectors in August as it showed signs of strong recovery from the nation’s full COVID-19 lockdown earlier this year.
The Independent Motor Dealers Association (IMDA) has started the search for a head of membership services as it looks to grow its car retailer membership in its third year of operations.
Just 35% of franchised car retailers have returned all their employees to into their dealership businesses in time for the crucial September 70-plate sales period, according to the NFDA.
Auto Trader has reported a 19th straight week of used car price rises with a 7.4% mid-September increase in the average advertised value on a vehicle offered on its online marketing platform.
Auto Trader is making preparations to move its Manchester headquarters into a new 80,000 square foot office facility which gained approval from city planners earlier this year.
Strong demand for newly-launched 70-plate models in September will make this a profitable quarter for car dealers across the UK, Motorvise’s Fraser Brown has insisted.
Progress Suzuki’s former franchised dealership sites have been acquired and re-opened by bespoke luxury vehicle specialist Urban Automotive and a used car operator.
Skoda has added a new mild hybrid option to its new Octavia line-up as it targets fleet customers with another low-emission electrified drivetrain.
Vehicles from Arnold Clark, Bristol Street Motors, CarShop, Cazoo Part Exchange, John Clark Motor Group and Sinclair Group will be among those featured in a new Saturday online sales programme from BCA.
The HMRC has updated its guidance on how to perform usual hours calculations where employees come off furlough partway through a claim period.
The Finance and Leasing Association (FLA) is set to make submissions urging Government to extend its COVID-19 business lending and introduce tax incentives to boost the adoption of alternative fuel vehicles (AFV).
Motorpoint has said that its logistics staff have driven 86,000 miles to facilitate used car home deliveries since it launched the service during COVID-19 lockdown.
