Inchcape has upgraded its group profit-before tax forecast for 2021 to “at least £290 million” driven by a stronger margin performance across the business.
Cazoo has posted a gross profit of £11.8m in Q3 year-on-year as margins and sales increased due to the company’s growing scale.
The UK economy is forecast to return to pre-Covid levels by 2022, as annual growth is set to rebound by 6.5% this year, followed by 6% in 2022, according to the Budget Day speech by Rishi Sunak, Chancellor of the Exchequer.
JCT600 has opened the doors to its new Porsche Centre in York, which is designed to support its larger, parent Porsche Centre in Leeds.
Fiat will launch a new Scudo van and Ulysse van-derived people carrier in early 2022.
Land Rover has launched the all-new fifth generation Range Rover, which is available to order now for deliveries in Spring 2022.
Macklin Motors has been announced as an official club partner of Heart of Midlothian Football Club.
A1 Motorist Centre in Thanet has been crowned Autocentre of the Year by Servicesure.
Simon Hunt has been appointed to the newly-created role of head of information security and compliance at iVendi.
The National Franchised Dealers Association’s (NFDA) Electric Vehicle Approved (EVA) scheme has reopened.
Chris Armstrong has been appointed as general manager of Bristol Street Motors Ford Bolton, after joining the company on its Finance Graduate Scheme in 2014.
The European Independent Automotive Data Publishers Association (ADPA) has launched a new quality label.
Motorists and businesses have made it clear what they would like to see announced as part of the Chancellor’s Budget on October 27.
The remarketing sector is suffering from a shortage of skilled workers affecting transport and logistics that extends beyond the widely-reported HGV driver shortfall.
The Institute of the Motor Industry (IMI) has opened nominations for its 2022 awards, with the winners to be announced at the IMI Dinner on March 17, 2022.
Old diesel cars that will be non-compliant with the expanded ULEZ area in Greater London are still increasing in price, according to Auto Trader.
National media reports revealing former pop stars Gabriela and Monica Irimia now work in franchised car dealerships have boosted the profile of the UK motor retail industry.
Cox Automotive and Grant Thornton have made their predictions for the automotive retail market as part of its Insight Report for 2021.
Tesla topped the European new car sales charts in September, taking a 2.6% market share, according to the latest figures from JATO Dynamics.
The global semiconductor shortage continues to impact OEMs, with Renault Group, Stellantis, Skoda and Ford all forced to pause production at European factories.
Almost three quarters (72%) of Brits have never been in an electric vehicle (EV), either as the driver or passenger, according to new research by Appinio.
Fix Auto UK has appointed Rob Pugh as head of commercial for its eight owned sites with immediate effect.
Sytner Group’s CarShop used car supermarket division has opened a new retail site near Halifax, taking its number of Yorkshire retail sites to four.
Online reviews should be embraced by car retail businesses to “create a narrative of good customer service”, AM’s latest ‘General Managers Guide to…’ webinar heard.
Close Brothers Motor Finance has teamed-up with Auto Trader to launch a “motor finance industry-first data tool” offering consumer demand insight to car retailers.
Car dealers’ used car stock levels were 9.4% down year-on-year last month and 16.5% down on September 2019, according to data published by Indicata.
GardX has rebranded and relaunched its AD-Vantage range of digital consumer journey tool as Fuel Digital and is poised to make a new AI lead management platform available to customers.
Motor retailers are feeling the effects of the ongoing energy cost crisis but there are various countermeasures they can consider, experts reveal in the new issue of AM.
The Finance and Leasing Association (FLA) has called for Chancellor of the Exchequer Rishi Sunak to announce a Green Finance Wholesale Guarantee and reform corporation tax to make green investments more affordable.
Niall Fitzgerald, a former CEO of Unilever, once said, “Data makes your briefcase heavy. Insight makes you rich.” It’s an approach that will guide the rapid advancement of online automotive retail.
