The UK’s used car market ended 2019 just 0.1% down with 7.9 million sales following two months of growth in the second half of the year, the Society of Motor Manufacturers and Traders (SMMT) has reported.
Pendragon has completed the £16.5 million sales of its Chevrolet dealership in Puente Hills, California, to JBR Automotive six months after agreeing the sale to another car retail group.
Optimum Vehicles’ SsangYong York franchise has backed horse racing fans at Wetherby Racecourse as potential new customers with a new sponsorship deal for the Yorkshire sports venue.
Car dealers achieved their lowest return-on-sales (RoS) figure since 2011 in 2019 after rounding off a “tough” year with a £1,700 loss in its final month, according to ASE.
Glyn Hopkin is kicking off 2020 with a recruitment drive to attract 35 new members of staff in sales and aftersales positions at its car dealership sites across the South East.
Members of the National Franchised Dealers Association’s (NFDA) Drive My Career reached over 350,000 potential automotive industry employees of the future with an ‘Apprentice Takeover’ publicity campaign during National Apprentice Week 2020.
Citroen franchisees have been revealed as Britain’s biggest new car price discounters in research compiled by What Car? magazine.
The National Franchised Dealers Association (NFDA) has urged Government to safeguard the plug-in car grant (PCIG) in order to “ensure a consistent and successful transition to electric vehicles” by 2035.
Pentagon Motor Group has officially opened its new Peugeot UK dealership sites in Barnsley and Lincoln with a visit from the French brand's UK managing director.
Ford of Britain and the PSA Group have conceded that the time has come to influence car buying customers drivetrain choices in a bid to steer them into a new crop of low-emission electrified cars.
Group 1 Automotive boss Earl J. Hesterberg has said that the retail group had been able to overcome “serious challenges presented by Brexit uncertainty in the UK” in 2019 thanks to its “powerful US performance”.
Cargiant has renewed its exclusive remarketing contract with Aston Barclay to continue a relationship which has delivered £87 million of used car sales in the past five years.
The Institute of the Motor Industry (IMI) has said that the “race is on” to get vehicle technicians ready for 2035’s ban on new petrol and diesel cars.
Car dealers and their manufacturer partners have been highlighting their efforts to recruit the next-generation of automotive sector talent to mark National Apprenticeship Week 2020.
Supplies of EVs and used cars, consumer demand and efficiency issues will all impact car dealers in 2020, with 54% anticipating increased pressure on profit margins according to a Cox Automotive sentiment survey.
