The Society of Motor Manufacturers and Traders (SMMT) has called for a Government-backed automotive sector restart package and “turbocharged” Brexit talks to kick-start the COVID-19 recovery.
Could a shortage of cash and heightened consumer caution in the wake of the COVID-19 coronavirus crisis help to fuel a shift towards car subscription?
The online car retailer Cazoo claims to have become the fastest UK business ever to achieve a valuation in excess of $1 billion (£800.8m) – joining an exclusive list of companies known as ‘unicorns’.
The lack of a succession plan has resulted in the closure of Canterbury’s Northgate Garage Group after more than 50 years trading in the city.
RTC Automotive has launched a new software package that enables aftersales customers to check-in digitally for a contactless handover.
MOT centres carried out over two million tests during COVID-19 coronavirus lockdown period as many motorists chose not to take advantage of the Government’s six-month exemption.
Used vehicle sales have grown by 17% in the first 15 days of June, when compared to the same period last year.
HM Treasury has appointed the current chief executive of London Stock Exchange Nikhil Rathi as the new permanent chief executive of the Financial Conduct Authority (FCA).
Perrys Motor Group and Donnelly Group have closed Vauxhall car dealerships in the past week as the Griffin-badged brand continues its network consolidation strategy.
The Vehicle Remarketing Association (VRA) is set to debate the potential impact of a “second wave” of the COVID-19 coronavirus and efforts to find an inoculation at its annual general meeting (AGM).
UK businesses were struggling to generate cash flow prior to the COVID-19 coronavirus, with car retailers among the nation’s worst performers, according to research published by BDO.
Advertisement Feature from CarGurus
The Welsh First Minister Mark Drakeford has given the go-ahead of car retailers in the country to re-open their showrooms to customers on Monday, June 22.
JCT600 has closed its Volkswagen UK franchised car dealerships in Rotherham and Newark following a decision made prior to the COVID-19 coronavirus outbreak.
Car supermarket Fords of Winsford is the latest business to join the RAC Dealer Network.
Dealer Auction has seen a 135% month-on-month increase in sales through its platform in the first week of June as dealers rush to obtain more stock to meet consumer demand.
The Institute of the Motor Industry (IMI) has identified the car retail sector’s “green shoots of recovery” in newly-published Office of National Statistics (ONS) data, but says the marketplace remains “pretty fragile”.
The Financial Conduct Authority (FCA) has extended the availability of payment freezes and interest-free overdrafts for a further three months in a bid to help consumers mitigate against the impact of the COVID-19 coronavirus.
Hyundai Motor Europe has appointed the president of Kia Motors America, Michael Cole, as its new president and chief executive.
The Pentagon Motor Group has severed its ties with the FCA Group with the closure of its dual-brand Alfa Romeo and Jeep dealership in Doncaster.
AM's July Issue has insights into dealers getting back to business, steps to retail responsibly, and Pendragon CEO Bill Berman's plans to pull the group back into profit.
Scottish car retailers will have to wait a further 11 days before re-opening their showrooms after Scotland’s First Minister Nicola Sturgeon outlined phase two of COVID-19 lockdown easing north of the border.
Pendragon has begun a consultation over redundancies as it plans to reformat its leadership and management structure.
MG retailer Paul Rigby MG has launched its own Longbridge Edition MG 3, which will be raffled off to raise money for charities in the Longbridge area.
Classic car dealers have been given a new online route to acquiring stock with the launch of the new trade-to-trade remarketing platform, Classic Trade.
Croation officials have arrested former Audi executive Axel Eiser in connection to conspiracy charges related to the Volkswagen dieselgate scandal in the US.
New car sales across Europe were 52.3% down year-on-year in May as the easing of lockdown measures in certain regions delivered a slight improvement over April.
Automotive logistics providers will bid for home delivery jobs from car dealers in a new home delivery option launched as part of Auto Trader's Vehicle Moves platform.
Credit card firms could face significant damages claims after the Supreme Court dismissed an appeal by Visa and Mastercard, ruling that fees the companies were charging retailers restrict competition.
Government’s decision to fit all pure electric vehicles (EV) with partially green number plates is set to pave the way for incentives which should boost adoption of zero emission transport.
