Franchised car retailers across the UK have been left exposed to considerable financial losses after Nationwide Accident Repair Services entered administration, along with a number of its subsidiaries.
Autorola UK has bolstered its head count with three new recruits following a 15% growth, post lockdown, across its Autofind online remarketing portal and its Indicata real time used vehicle data pricing platform.
Used car retailers increased their stock turn by 11.8% month-on-month as demand for vehicles continued to drive up values at auction houses across the UK, according to Cox Automotive and eBay Motors Group.
Pendragon has agreed the £27.4 million sale of its Jaguar and Land Rover motor vehicle dealership located in Los Angeles, California.
Car retailers flocked to respond to the National Franchised Dealers Association’s (NFDA) bi-annual dealer attitude survey in larger numbers than ever before following the COVID-19 lockdown.
Former Endeavour Automotive managing director Adrian Wallington has re-joined former employer Marshall Motor Holdings as commercial development director as one-of-four new appointments for the AM100 PLC.
Stoneacre Motor Group has promoted David Teatum and Mark Zavagno onto its board of directors after driving past its £1 billion turnover growth target.
New car buyers want electric cars (EVs) priced at £24,000, with a range of 282 miles and a recharge time of 30 minutes, according to a new study by Castrol.
Stoneacre Motor Group has moved a step closer towards gaining planning permission to create a new Volvo Car UK dealership facility in Sunderland.
Aston Barclay has launched a new dedicated LCV sale at its Donington Park site, as part of its expanding focus on commercial vehicles.
The Society of Motor Manufacturers and Traders (SMMTS) has called for a Government incentives and binding charge point infrastructure commitments to boost electric vehicle take-up on the ‘Road to Zero’.
Waylands Automotive is now selling cars online after launching its new e-commerce equipped GForces website.
Newly-launched car buying platform YesAuto claims to have launched the UK’s first online, virtual reality auto show – the YesAuto Car Show.
Job stability has been cited as the overwhelming factor for young recruits considering joining the automotive industry, according to Drive My Career.
Cazoo will launch a series of new TV and radio adverts this weekend as part of its ongoing multi-million-pound marketing campaign.
The new car market fell by 5.8% in August, but private demand remained steady to absorb the majority of losses that came from business and fleet registrations.
Sales of ex fleet and lease vehicles through the Epyx 1Link platform have increased beyond pre-lockdown levels as the vehicle remarketing sector reaches a sustainable cycle.
Tesla is poised to double the scale of its electric vehicle (EV) dealership network in Scotland with the opening of a new Glasgow store in a former Evans Halshaw Car Store showroom.
Motorpoint has said its online sales have seen a record month and it expects this part of the business to play an even bigger role in the company’s growth plans.
What Car? has pledged to refund fees for retailers and OEMs using its New Car Buying online sales platform if they are affected by any regional COVID-19 lockdowns from October onwards.
Stoneacre Motor Group’s founder and owner Richard Teatum has invested over £3 million in rival car retail group Vertu Motors.
Vauxhall has revealed the all-new Mokka, ahead of its arrival in UK showrooms early next year, with a choice of petrol, diesel and electric vehicle (EV) powertrains.
Car retailers should be compelled to familiarise and educate customers with new in-car technology as part of new responsibilities towards road safety, according to IAM Roadsmart.
Average used car prices on Auto Trader have increased for the fifth consecutive month to £13,705, up by 6.1% in August year-on-year.
Around 12 million drivers in the UK are considering a switch to electric vehicles by 2022, according to new research by Uswitch.com.
Premium used cars have been hailed as “pandemic proof” by online vehicle stocking source Motorway after the value of Land Rovers, Lexus and Maseratis rose by over 8% year-on-year.
Skoda has confirmed its new electric Enyaq SUV will be priced from £33,450 (exc grant) when orders start later in the year.
Volvo Car UK has officially launched its single payment Care by Volvo car subscription service, offering access to a vehicle, maintenance, parts and roadside assistance for a single monthly payment.
Dealers have enjoyed another month of growing enquiries and order take, according to lead management business Dealerweb.
Chorley Group has appointed Adam Turner as its new managing director and has restructured its senior team.
