The SMMT has called on Government to bring an end to the threat of a ‘no deal’ Brexit to restore consumer confidence following a 3.4% decline in new car registrations during March.
The automotive industry has seen salaries and vacancies increase in March this year, with pay up 5.2% year-on-year and vacancies up 3.1% month-on-month.
Car retailers were unable to take advantage of a milder February on their forecourts as profitability statistics published by ASE showed a £19,600 loss during the month – matching 2018’s performance.
Strong demand for used diesel vehicles has resulted in a 5.6% increase in values during Q1 as part of an apparent resurgence in popularity, according to data published by Autorola.
Ford announced the return of the Puma and unveiled its new Kuga SUV at a ‘Go Further’ showcase event outlining its plans to introduce a range of hybrid, plug-in hybrid and pure electric vehicles (EVs).
CarGurus claims to have driven lead generation growth of upto 32% for car retailers through a new paid-for search offering launched as a result of its new partnership with Google.
The introduction of GDPR over the last 12 months appears to be behind a slight increase in online motor finance conversion rates, says iVendi.
It’s no secret that car sales are increasingly influenced by technology, with digital tools and services now forming a central part of the customer journey.
WhoCanFixMyCar.com has appointed Andrew Harrison, a former chief executive and chairman of Carphone Warehouse, as its new chairman.
A trio of automotive industry leaders are preparing to juggle paddling and pedaling duties when they take on a 166-mile waterbike charity challenge in aid of BEN.
The number of people taking up Apprenticeships in January were 21% down on the same month in 2017, despite showing a 15% year-on-year increase at the start of 2019.
Vospers has officially opened the doors to its £15 million car retail super site, bringing together three sites and Ford, Mazda, Alfa Romeo, Jeep and Fiat dealerships in one location in Exeter.
Brexit, a global slowdown and confusion over the future of diesel vehicles have combined to create a crisis of consumer confidence which may have driven 2.4 million motorists away from a new car purchase.
The Finance and Leasing Association’s (FLA) director general Stephen Skarloff will leave the organisation later this year after spending twelve years in the post.
Startline Motor Finance is celebrating after generating a 20% increase in business volumes during Q1 of 2019 – with PCP penetration in the used sector cited as a key driver.
The Trade Centre Group has published a record set of annual results detailing a 44% rise in turnover to over £250m and record profits during a year of expansion in 2018.
CECRA is calling for checks and balances from the European Commission (EC) to give more power to dealers over franchise agreements and connected car data.
Volkswagen Financial Services and Drover has started a pilot to offer vehicle subscription services to UK customers starting from £514 a month.
Dacia has launched a new special edition Techroad trim level, which now available to order in dealerships with deliveries from April.
The problem of vehicle clocking is one the rise with one-in-14 cars on UK roads showing “mileage discrepancies”, according to research carried out by Cap HPI.
With Brexit looming and the uncertainty of what that will mean for the industry, it’s fair to say that Q1 2019 has been like no other for UK automotive dealers.
Nearly three quarters of car owners (71%) have said they are now considering an electric vehicle (EV) as their next car, up from 25% in September 2017, according to research by Auto Trader.
Group 1 Automotive has renewed its partnership with Manheim for remarketing services for 14,000 cars until the end of the year.
Hendy Group expects to scale the AM100 with a turnover of over £1 billion following its acquisition South Coast-based Westover Group.
A car salesman named as ‘Volvo’s most successful’ in 2018 has been convicted of attacking his ex-partner after she confronted him over a text from another woman.
Investors in the automotive retail sector next decade will be attracted to companies spending on technology, differentiation and new business models. Progressive retailers, start-ups and ‘disrupters’ will be well placed to secure growth funds as the industry continues to change, according to Mike Allen, head of research at investment banking consultancy Zeus Capital, who will speak at the Automotive Retail Congress on May 21.
Nissan has launched its first shopping centre store, branded the Nissan City Hub, and is set to follow the format with more in major cities.
Ben has launched new online support to help automotive industry people who are struggling with depression - an issue that affects 350 million people across the world.
Fix Auto UK has announced that it acquired its first wholly owned independent repair centre, formerly Daventry Panel Craft.
The Independent Motor Dealers Association (IMDA) has launched a new partnership with Acceler8, to help dealers boost sales conversion rates.
