Aston Barclay has said that a surge in demand for used cars stock has seen value rise to its records highest ever level for a Q2 period – with older cars and diesel vehicles leading the way.
The UK's automotive retail sector remains ‘desperate for more certainty’ on COVID-19 legislation and Government’s guidelines on face coverings, according to the NFDA.
COVID-19 social distancing measures are putting dealers at a higher risk of fraud in the part-exchange process, according to Cap HPI.
Employers can exercise “more discretion” over their employees return to work as part of a conditional schedule for the further easing of COVID-19 lockdown restrictions in England.
COVID-19 and the EU’s new RDE CO2 emission regulations were cited as the “key events” which resulted in a 5.4% decline in revenues in the car retail group’s 2020 annual financial results.
The merger between car manufacturers PSA and FCA will create a new OEM super group that will be named Stellantis, the two businesses have revealed.
The used car market could be on course for a similar “market correction” to that seen in May last year after car dealers and remarketing companies flew out of the blocks post-lockdown.
The car retail sector has paid tribute to Lawgistics founder David Combes following his death this week at the age of 72.
MotoNovo claims to have moved towards the Financial Conduct Authority’s (FCA) car finance ideal scenario with the launch of its new “priced to risk” MotoRate offering.
A Trading Standards investigation has exposed almost £350,000 worth of faults on used cars offered for sale by dealers in the South West of the England.
Car buyers who reined-in their spending during the COVID-19 lockdown period have returned to the market with improved credit ratings and higher budgets, research suggests.
Dealerships used their lockdown time to examine new ways of working
Car retailers will not be called upon to enforce the mandatory wearing of face coverings by customers at UK dealerships under new guidance issued by Government.
Vertu Motors has taken the decision to cut 345 jobs as it looks to future proof its operations through increased automation in the wake of the COVID-19 lockdown.
Online car sales start-up Cazoo has completed the acquisition of £201.4 million turnover, 18-site used car supermarket group Imperial Cars.
