The Finance & Leasing Association (FLA) and British Vehicle Rental and Leasing Association (BVRLA) have called for changes to the UK Government’s taxation Super Deduction to provide a “shot in the arm” for car leasing.
Hartwell has opened the doors to its new Ford car dealership and Transit Centre in Reading.
A shift from traditional showroom-based car sales to a wholly-online retail solution would cut dealers cost-per-sale by over 40% - saving the sector £9.5bn a year.
Used car auctions across the UK have reported ‘exceptionally competitive’ trading during March as car dealers prepared for a bumper period of sales following this week’s reopening of showrooms.
Richmond Motor Group has completed the acquisition of Hendy Motor Group’s Suzuki GB franchised car dealership in Havant.
Mitsubishi Motors in the UK franchisee Normandy Garage has joined the SsangYong Motors UK network with the opening of a franchised dealership at its Guilford site.
Europe’s largest independent used car retailer is aiming to create a ‘borderless’ online car retail business across 12 countries with the launch of its Driverama platform.
A more affordable new version of the Polestar 2 is set to broaden the appeal of the performance electric vehicle (EV), but its £39,900 start price falls short of plug-in car grant (PiCG) eligibility.
Automotive finance provider White Clarke Group has been acquired by US-based IDS to form a single entity claiming to serve a $7 trillion secured finance end market.
Lookers will aim to drive its electric vehicle (EV) sales strategy with the help of newly-appointed business development director Andrew Hall.
Car retailers in England and Wales celebrating the reopening of car showrooms after COVID-19 ‘Lockdown 3’ are now eager to leverage pent-up demand, with some expecting a “bumper Q2”.
The National Franchised Dealers Association (NFDA) and Society of Motor Manufacturers and Traders (SMMT) have teamed-up to publish assets and advice to help car retailers re-open safely after COVID-19 ‘Lockdown 3’.
Waylands has followed-up its recent expansion with Kia with an appointment to represent the Volvo Car UK franchise from a newly-built showroom in Bristol.
Car retail’s impressive response to the COVID-19 pandemic, the impending reopening of car showrooms after ‘Lockdown 3’ and the “Cazoo effect” have triggered rallying share prices for the sector’s PLCs.
Former Peugeot UK managing director David Peel is set to replace David Lewis as the MD of AM100 car retail group Pentagon.
