Used car values were up 13.2% year-on-year in December as BCA’s programme of festive auctions delivered a near-25% sales boost during the last week of 2021.
Lotus UK has completed the switch to an agency model agreement for its 13 franchised car retail sites ahead of the arrival of the new Emira coupe in showrooms.
Ron Brooks Group has celebrated record financial performance in 2021, with turnover up 15.3% and pre-tax profit surge of 67% ahead of its 60th anniversary year.
Driverama has said that it has no immediate plans to bring its growing online car retail operation to the UK after kicking off its growth in new European markets.
Inclusive leadership which can motivate and inspire ambition emerged as the key ingredient for success in presentations at Automotive Management Live’s Inspiration Theatre.
Dealer attitudes suggest a level of uncertainty about a 2022 car retail market increasingly defined by vehicle availability, the transition to electric vehicles (EV) and moves from manufacturers towards an agency franchise model.
Newly published motor finance market data from the Finance and Leasing Association (FLA) have revealed that business volumes rose by a third in November.
Renault UK has promoted its national corporate sales manager Peter Horton to head of fleet and used vehicles as the brand enters the next stage of its ‘Renaulution’ strategy.
Inchcape has appointed De Beers chief financial officer and former Rolls-Royce Holdings deputy CFO Sarah Kuijlaars as a non-executive director
Motorpoint has begun the process of recruiting 30 new employees ahead of the opening of its new 120-car retail site in Maidstone.
Carparison general manager Matt Woodward has said that the fast-growing business was galvanised by its win in the AM Awards’ Best Finance or Leasing Brokerage.
Daimler’s Mercedes-Benz Retail Group (MBRG) has been accused of adopting “disgraceful divide and rule tactics" after its technicians voted in favour of a four-day strike over pay.
Car dealers “smashed” historical automotive retail trends to record a net £50,000 profit in November, according to the latest sector KPIs published by ASE.
Barlow Motors Skoda car salesman Warwick Bettany will appear on ITV2’s The Cabins TV dating show after being talent-spotted on Instagram by producers.
A used car retailer that saw £250,000 worth of used car stock written-off after a high-speed police chase ended in a Volkswagen Golf somersaulting across his forecourt has been told he must foot the bill.
