More than a third (38%) of drivers have delayed their car buying plans as a result of economic uncertainty caused by COVID-19 and Brexit, a report by Close Brothers Motor Finance has found.
Hartwell has opened the doors to its new Ford car dealership and Transit Centre in Reading.
Heycar is increasing payment terms to 60 days until the end of Q2 to provide dealers with ‘welcome breathing space’ as after this week's showroom reopenings.
Bowker Motor Group’s Preston Porsche Centre has become the first Porsche Centre in the UK to install new ultra-high-speed electric vehicle (EV) charging points.
Audi dealers will start accepting orders for the new Q4 e-tron electric crossover this month, which is priced from £40,750 and offers a range of up to 316 miles.
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.
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Richmond Motor Group has completed the acquisition of Hendy Motor Group’s Suzuki GB franchised car dealership in Havant.
The Volkswagen Group’s newest electric models, the VW ID.4 and Skoda Enyaq, have both been awarded a five-star safety rating by Euro NCAP.
Data from Auto Trader suggests consumer demand for new and used cars is growing rapidly with a third of in-market buyers expected to make a purchase in the next two weeks.
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.
More than a third (37%) of used car transactions, including finance applications, took place entirely online during COVID-19 'Lockdown 3', according to iVendi.
Automotive retail ecommerce specialist drivvn has appointed Lucy Trott as its new client director.
Car dealerships' approach to staffing during the COVID-19 crisis has proved pivotal for the long-term profitability of businesses, according to MotorVise founder and MD Fraser Brown.
Carwow has reported record levels of orders in March, achieving its highest performance ever during COVID-19 'Lockdown 3'.
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.
Demand for used diesel cars drove prices to record hights during the first quarter of 2021, according to Autorola.
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”.
Online car buying platform Carzam has launched a new Chat and Buy service that allows buyers to reserve a vehicle while they discuss it with the company’s sales team.
Citroen has unveiled the new C5 X, a flagship luxury car that will arrive in UK dealerships early next year.
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’.
As the nationwide lockdown is lifted, restrictions are eased, and the auto retail landscape begins its slow climb back to a more normal state, dealers will be challenged with how to turn stock faster and more efficiently.
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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.
Bristol Street Motors will sponsor this year’s Virtual Grand National and Grand National Race of Champions, as part of an exclusive deal.
