The automotive retail sector’s supply issues and buoyant used car residual values have been described as a “happy accident” preventing the motor finance sector from “blowing up”.
The automotive sector will be able to “grow and thrive” despite a whole list of issues facing the sector in a challenging 2023, the Vehicle Remarketing Association (VRA) has said.
Rising new car registrations from Volkswagen, Ford and Toyota suggest carmaker’s are starting to learn to deal with the impact of semiconductor shortages on their manufacturing operations, according to Jato Dynamics.
Single point dealer processes that track motor finance activity could prove essential to meeting the Financial Conduct Authority's (FCA) Consumer Duty principle, says iVendi.
DriveElectric has launched its new website which allows personal and business customers to lease an electric vehicle (EV) online.
The automotive sector's 20-year high vacancy rate has led to increased demand and greater salaries, research completed by the Institute of the Motor Industry (IMI) has found.
Inchcape’s new Jaguar Land Rover (JLR) Dual-Arch premium car dealership in Norwich is set to create 80 jobs when it opens its doors in 2023.
The Bank of England is battling to reduce inflation in the UK from the high and harmful levels it has reached in 2022, and members of the Vehicle Remarketing Association heard first hand about its methods this week.
Livingstone Motors managing director Andrew Iveson has issued Amazon vouchers to his entire workforce in a bid to ease the Christmas spending burden on the car retailer’s staff.
The Financial Conduct Authority (FCA) has said that the finance sector needs “a higher quality of credit information” to ensure that consumers get accurate lending advice.
Arnold Clark will push ahead with plans for four new used car remarketing centres in 2023, despite pressure from the stock shortages impacting the sector.
Mazda has hatched a plan to boost its investment in electric vehicles (EV) by almost £9 billion after forecasting that sales could be significantly more than previously expected.
A decline in average used light commercial vehicle (LCV) wholesale values of just £15 in October suggests that “demand remains well balanced against supply”, according to BCA.
Motorvogue is set to join the Peugeot franchise with the addition of Desira Group’s franchise in Bury St Edmunds after vowing to invest a further £2 million into car dealership improvements.
More than half of car buyers are reconsidering the purchase of a zero-emissions electric vehicle (EV) after the Chancellor of the Exchequer announced plans to make them eligible for VED road tax.
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The majority of car buyers still prefer the full in-person dealership experience, according to new research by eBay Motors.
The full 2022 AM100 Report is now available here in digital format. Analysis of the 2022 AM100 list of the UK’s largest franchised dealers shows astounding levels of success.
The growth in the number of drivers considering buying a BEV (Battery Electric Vehicle) as their next car has slowed, according to a new study.
Motorists’ continued appetite for car buying has delivered another 5.1% increase in the value of the average used vehicle advertised for sale on Auto Trader.
Hedin Group’s ‘put-up or shut-up’ deadline for a takeover offer for Pendragon PLC has been extended to December 9.
Following Chancellor of the Exchequer Jeremy Hunt acknowledgement that the UK was in recession during last week’s Autumn Statement Mad Devs chief executive David Boyce is keen to highlight the need for car retailers to keep their customers close through challenging economic times.
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A record increase in fuel duty could be set to temper fleet operators’ initially positive response to news that benefit-in-kind (BIK) tax for electric vehicles (EVs) will continue to be kept low to increase uptake.
Arnold Clark has started its search for 400 new apprentices to join the company in 2023.
An intrepid group of car retail sector leaders are now just days away from an epic fund-raising climb up Mount Kilimanjaro… two years after the COVID-19 pandemic stalled the expedition.
Toyota GB has promoted its head of nework operations, Rob McKendrick to the role of director, Customer Services.
The November 2022 issue of AM magazine is here for UK motor retailers, with used car sales advice, Peugeot's aim for easy purchase, and the Alfa Tonale reviewed.
AutoRaise has partnered with Future First to offer state school and college students support and advice to consider a career in the vehicle repair industry.
Data analysis by Intelligent Motoring has revealed a 24% rise in the value of Guaranteed Asset Protection (GAP) insurance claims year-on-year (YoY).
