BCA and cinch owner Constellation Automotive Group has received the regulatory approvals required from the Financial Conduct Authority (FCA) to complete its acquisition of Marshall Motor Holdings.
Vauxhall managing director Paull Willcox is set to assume overall responsibility for Stellantis UK’s car and commercial vehicle brands following the promotion of Alison Jones.
Vertu Motors PLC leveraged car retail’s “sector tailwinds” to deliver a 41.9% rise in turnover and 228% rise in adjusted pre-tax profits in a record-breaking set of 2021 annual financial results.
Peugeot UK managing director Julie David said that she was “incredibly proud” of the brand’s franchised car retailers in 2021 as Robins & Day Sale was awarded its Gold Lion Retailer of the Year award.
Euro NCAP has rated the assisted driving technology offered by the Nissan Qashqai and Volkswagen ID.5 as “very good” in a series of tests that also put the Polestar 2 and Jaguar I-Pace through their paces.
An “exciting and ambitious phase of growth” at carwow has prompted the online car retail marketplace to strengthen its leadership team with a series of senior promotions and appointments.
A “lingering supply chain crunch” has been blamed for a used car sector that remained 12.2% down by volume on pre-COVID 2019 in Q1, 2022.
An Institute of the Motor Industry (IMI) report aiming to be the catalyst of a shift to greater diversity, inclusion and equity in automotive has revealed that gender remains the source of the sector’s most significant representation imbalance.
Arnold Clark chief executive Eddie Hawthorne has reported an “excellent” 2021 financial performance with revenues up 25% as pre-tax profits rose 68%.
Volkswagen Group’s race with Tesla to become the world’s leading electric vehicle (EV) producer by 2025 will be ‘tight’, chief executive Herbert Deiss has conceded.
SsangYong Motors UK has added Cawdor Cars to its growing portfolio of franchised car retailers, introducing a new dealership in Llanybydder, Carmarthenshire.
The car retail sector should be braced for a prolonged period of uncertainty as OEMs impacted by Russia’s war in Ukraine battle to deliver vehicle supplies and consumers “grapple with a cost-of-living crisis”.
Used car marketing provider eBay Motors Group has said that a downward pricing adjustment was “inevitable” in the sector after seeing values decline by 1.5% month-on-month in April.
Cazoo has said that it cannot guarantee it will “achieve profit at all” in a newly-published document detailing the potential risks and pitfalls of its online car retail and vehicle subcription model.
A specially-built drone has delivered a fly-through view of Snows Motor Group’s Lexus Hedge End car dealership as part of a bid to share the dealership experience with prospective customers.
