Peter Vardy has appointed former Skyscanner chief financial officer Colin McLellan as CFO of its group of companies, including the digital finance broker CarMoney and online retail platform provider SilverBullet.
Volkswagen will begin its efforts to recover from a COVID-19 coronavirus vehicle production lockdown with the April 20 resumption of operations at its manufacturing plants in Zwickau and Bratislava, Slovakia.
Cazoo has continued to sell cars online and facilitate “contactless” home deliveries during the COVID-19 coronavirus lockdown period – offering a £250 discount to NHS workers.
The high-demand for sub-£10,000 used cars seen in Q1 is expected to continue when the COVID-19 coronavirus lockdown is lifted, according to Aston Barclay.
Rising unemployment could hamper retail business’s ability to recover from the COVID-19 coronavirus lockdown as the prospect of longer-term disruption threatens to leave the UK economy “scarred”.
Almost a fifth of car buyers are poised to make a purchase as soon as the current COVID-19 coronavirus lockdown is lifted, according to survey data published by What Car?.
Lexus has topped the rankings of the Auto Express Driver Power customer satisfaction survey for a fourth consecutive year – beating Kia and Subaru to top spot in 2020.
Moneypenny and Inductus have joined the list of suppliers offering services for free in a bid to help car retail businesses cope better with the impact of COVID-19 cornoavirus.
Car dealers will return to a trading environment where tradition motor finance credit checks have reduced relevance as a result of cash-boosting measures introduced to boost personal finances.
New business volumes in the consumer car finance market fell 1% by volume but grew 2% in value in February 2020, data published by the Finance & Leasing Association (FLA) has shown.
The Institute of the Motor Industry (IMI) Centenary Dinner beat the COVID-19 coronavirus lockdown to raise more than £17,000 in support of the automotive benevolent charity, BEN.
Less than half of UK car retailers are equipped to complete contactless online car sales despite the renewed focus on digital marketing brought by the COVID-19 coronavirus outbreak.
The Finance and Leasing Association (FLA) wants Government and the Bank of England (BoE) to take urgent action to support the non-bank lending market durin the ongoing COVID-19 coronavirus lockdown.
Franchised car retailers have been accused of abusing the Government’s Job Retention Scheme (JRS) as businesses across the UK prepare for the opening of the HMRC's portal to register for the salary support.
Relationships between franchised car retailers and their manufacturer partners show signs of strain due to shrinking margins, if conversations at the AM Awards 2020 round table meeting are anything to go by.
