Vacuum cleaner entrepreneur James Dyson has revealed that his failed attempt to bring a seven-seat SUV electric vehicle (EV) to market cost him £500 million of his own money.
Rising demand among car buyers in COVID-19 lockdown has prompted Auto Trader to bring forward the launch of home delivery and click and collect online marketing tools.
The PSA Group is in talks with the UK Government about the possibility of car scrappage scheme incentives to boost the automotive retail sector in the wake of the COVID-19 coronavirus crisis.
Nissan could accommodate production of Renault’s Captur and Kadjar SUVs at its UK plant in Sunderland as part of a shake-up of its European car manufacturing operations.
White Dove Motor Group will kick-off its COVID-19 coronavirus lockdown car sales with Suzuki GB after unveiling its new franchised site in Cardiff.
Growing volumes of COVID-19 coronavirus lockdown used car sales have prompted Cap HPI to admit that the time is right for recommence valuation changes – and initial sales suggest a 2% to 5% decline.
The NFDA has teamed-up with the SMMT to produce a car sales best practice guide drawing on the latest advice on COVID-19 coronavirus lockdown retail operations from Government and BEIS.
PSA Group-owned Robins & Day car retail group has announced that it intends to re-open its entire network of 45 UK car dealerships by the end of this week.
Seat and Skoda are offering new car customers three months of free car ownership during the COVID-19 coronavirus lockdown as part of finance packages launched this week.
Six-in-10 car retailers believe that prolonged grants and support from Government are required to support the automotive retail sector through the COVID-19 coronavirus crisis as redundancies begin.
Car retailers have been categorised among a Government-issued list of retail providers who can provide a click and collect sales process during the COVID-19 coronavirus lockdown.
Aging stock has been cited as the “main driver” of £1.6 billion losses incurred by Europe’s used car retail sector between the start of the COVID-19 coronavrius lockdown and mid-April.
Redundancies are being imposed across Arlington Automotive Group after the Jaguar Land Rover (JLR), Ford and Nissan automotive tier one parts supplier entered administration this week.
The Chancellor of the Exchequer, Rishi Sunak, has confirmed that the Government Coronavirus Job Retention Scheme (CJRS) will be extended to October – at its current 80% rate of salary support.
The UK's used car market contracted by 8.3% in the first quarter of 2020 following a COVID-19 coronavirus lockdown-prompted 30.7% decline in March sales, SMMT data has revealed.
