Online car dealer Cazoo is beginning to sell off its used car stock, transporters and customer care centres as it has announced it will switch to a new business model as a car marketplace, competing with rivals such as Auto Trader, eBay Motors and AA Cars.
Consumers who have witnessed new and used cars become significantly more expensive since 2020 are unlikely to beat a path to dealerships as a result of the National Insurance cut in Jeremy Hunt's 2024 Spring Budget.
The absence of any measures in the Spring Budget targeted at jumpstarting market demand for EVs has been widely condemned as a missed opportunity.
Former RJTK and Drayton Motors executive Darren Bradford has set up his own business, REVS (automotive) in Boston, Lincolnshire.
Pinewood is poised to wrest market share from industry rivals operating in the UK’s £100 million dealership management system (DMS) market
The Ancaster Group is stepping up its digital communications activity across all 14 of its sales sites with the introduction of AI-powered email alerts
Omnichannel retail solutions business Automotive Transformation Group (ATG) is offering a new AI-powered virtual assistant
Motor factor GSF Car Parts began ambitious plans to expand its presence in the capital with the opening of a new Wembley branch.
Stellantis’ Maria Uvarova is to highlight the importance of diversity, equity, and inclusion in the industry at the next Women Automotive Network global virtual meetup.
Corporate general insurance provider Protector Insurance has selected AA Business Services as its accident management supplier.
OEMs and franchised dealers face a daunting task to deliver sales mix and volume expectations in the new car market as many private buyers find young used cars much more attractive thanks to recent price drops, according to Vertu Motors, one of the biggest motor retailers in the AM100.
The number of new automotive apprentices in Scotland has fallen 3% year on year, according to new analysis from the Institute of the Motor Industry (IMI).
Almost half of motorists (46%) could soon be eyeing a used car following substantial price falls, according to Startline's latest monthly Used Car Tracker.
Operating profits fell 17% in Inchcape's retail division during 2023 although revenues rose slightly, while its international vehicle distribution divisions grew rapidly.
Sales of new electric cars held their own during the traditionally slow month of February
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The forthcoming Spring Budget is a chance for Government to launch measures to boost the industry, focused largely on jump starting market demand for EVs.
Consumer demand, speed of sale and transactions in the used car market all rallied in February, according to the latest data from Auto Trader.
Volvo Cars’ top-performing retailers of 2023 have been recognised at its recent annual awards ceremony.
Polestar, the manufacturer of electric cars, has secured £750 million to help it make more cars in the future and expand its business.
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Chris Barrett , managing director of vAutoStock, explains why it is so important that dealers focus on turning over stock quickly
Evans Halshaw’s first MG car dealership is to replace an existing Ford store in Grantham.
Mel Bebbington has been appointed managing director of claims management and mobility business, Auxillis.
McLaren Manchester has been named as one of the British carmaker’s top 12 global retailers, and one of four retailers representing the EMEA region.
Work has started at LSH Auto’s Tamworth site to transform the iconic Mercedes-Benz showroom.
Gary McLeod has been appointed to the newly-created role of head of commercial at Startline Motor Finance.
Industry is calling for the Chancellor to use next week’s Budget to feature fairer taxes to help accelerate the uptake of electric vehicles
Tesla is facing criticism from multiple UK fleet operators, prompting the electric car manufacturer to acknowledge areas for improvement in its fleet management approach.
AM's latest Spotlight on Finance and Insurance Report has just been published and it can be read or downloaded here.
