The National Franchised Dealers Association (NFDA) has said that motorists will trigger a four-fold growth in electric vehicle (EV) sales if they follow through on their current buying intentions.
Inchcape has said that it is targeting “revenue and cost optimisation” in the UK car retail market after its disposal of seven Volkswagen and Audi dealerships this week.
While Mercedes-Benz’s aim to complete 25% of new car sales online by 2025 are a welcome development in motor retail the German manufacturer’s targets could be considered “conservative”, says iVendi.
Porsche has begun a pilot in Germany of a new showroom corporate identity for its franchised network, ahead of roll out globally from mid-2020.
Drive Energi will roll-out 2,500 new rapid electric vehicle (EV) chargers, supplied by Tritium, by 2025.
PSA Group’s supervisory board has appointed Opel chief executive Michael Lohscheller as a member of the French carmaker’s Managing Board.
The growth of used car prices slowed to just 0.1% in June, the lowest since Q3 2016 according to Auto Trader.
PSA Group has reported record H1 profitability on the same day that Aston Martin suffered a share price slump, Daimler revealed Q2 losses and reports suggest mass job cuts could be on the cards at Nissan.
Volkswagen Financial Services (VWFS) has appointed former Nissan fleet director Iker Lazzari as its new sales director.
Vertu chairman Peter Jones will tell this morning’s car retail group AGM that the group experienced profit declines of £2.3 million from new car sales and £1.1 million from use in the four month period to June 30.
Cox Automotive has sold its Real Time Communications business to its founder and senior leadership team in a management buy-out.
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PSA Group has appointed former network development director David March into the newly-created role of customer experience and strategy director for Peugeot, Citroën and DS Automobiles.
New draft guidance from the Financial Conduct Authority should help dealers in their sales of finance and insurance to vulnerable consumers.
Petrol powered vehicles dominated Indicata's monthly rankings of the UK's fastest-selling used cars during June.
CDK Global had opened up its platform to software developers looking to integrate new applications with its dealer management system.
ALD Automotive has launched a new digital sales platform that gives dealers access to its ex-lease vehicles.
TrustFord has continued the growth of its wholesale parts business with the opening of new PartsPlus franchised sites in Lincoln and Hull.
Volkswagen Commercial Vehicles and Volkswagen Financial Services UK have taken van leasing online with the launch of a new Contract Hire Direct website.
Motorpoint Group has predicted reduced half-year profits ahead of its annual general meeting this morning.
Former Vauxhall Motors network development director Andy Robson has added responsibility for the Peugeot, Citroen, DS Automobiles as Groupe PSA UK’s network development director.
Qualifying businesses must file VAT returns using the HMRC's new Making Tax Digital platform by August 7. AM wants to know if UK car dealers are ready
Motorline has trebled its Audi representation in Kent with the acquisition of a further two dealerships sites from Inchcape Retail.
McGurk Perfomance Cars managing director John McGurk has been jailed for two months following allegations that he had driven a Ferrari F40 supercar dangerously on the A44 near Enstone.
Volvo has issued a global recall for 507,000 vehicles fitted with a faulty engine component which catch fire in certain cases.
Cox Automotive has reiterated its prediction of a 2.9% decline in new car sales for 2019 after the publication of half-year data by the Society of Motor Manufacturers and Traders (SMMT).
Sinclair Group has added its first Jaguar franchise and a second Land Rover dealership to its growing portfolio with the acquisition of Pendragon’s Stratstone Jaguar Land Rover Swansea businesses.
Most people in the motor retail sector do not come from privileged backgrounds, unlike Jo Johnson, MP, and his brother, Boris
Used diesels are selling faster than their petrol equivalents, despite campaigns to shift buyers away from the fuel.
Vertu Motors has appointed former Jaguar Land Rover (JLR), Porsche and Toyota man Andy Goss as its new non-executive chairman following the departure of Peter Jones.
