Just over half of automotive retailers think new Chinese EV brands will force traditional car manufacturers to close due to increased competition.
BCA has signed a long-term agreement to develop remarketing activities in Europe for the combined operations of ALD Automotive and LeasePlan.
Research by The Institute of the Motor Industry (IMI) has revealed significant gaps across the UK for qualified technicians to work on electric vehicles.
Close Brothers Motor Finance has outlined its top tips for compliance with the FCA’s new consumer duty regulations.
Dealers continued to see rising demand in May as enquiries increased by 3% and sales of new and used vehicles lept 37%, against the same month last year.
Birchwood Motor Group has appointed Vehicle in Video to provide video technology solutions for its nine sites across East and West Sussex.
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Zeus Capital, the financial services group, has said the switch to an agency model has yet to materially impact dealer group revenues.
Vincent St Claire, MD of Fleet Assist discusses how EVs are changing the SMR landscape for garages.
Peter Vardy has appointed former Inchcape chief executive James Brearly as its new chief operating officer.
Ebay Motor Group has revealed the top 10 fastest selling electric vehicles listed on motors.co.uk in May.
Bumper has joined Driving Pride to promote LGBTQ+ inclusivity in the automotive industry.
New car registrations increased by 16.7% in May, but the private market dropped slightly by 0.5% and fleets are driving the market with growth of 36.9%.
Caffyns, the AM car dealer group based in East Sussex, has blamed a 30% decline in profits on to inflation and higher business rates in its latest financial year.
Netherlands-based motor retailer Van Mossel has announced its takeover of the UK car dealer Jacksons Group, which represents 29 automotive brands in the Channel Islands, the Isle of Man and the Isle of Wight.
The vital role the remarketing sector is playing in the EV transition needs to be more widely recognised and supported, says the VRA.
Auto Trader saw its pre-tax profits drop by 2% to £293.6m for its full year results, but posted an increase in revenues and operating profits across the core business.
Menable and eBay Motors Group have partnered to launch a new accreditation scheme to improve the mental wealth of employees in car retailers across the UK.
Pentagon Motor Group has partnered with Ohme to offer home charging solutions to its new and used electric vehicle sales.
Nearly two-thirds (59%) of young drivers (18–34 year olds) are considering flexible car ownership models, according to new research from Churchill Expert.
Used car dealers continued to avoid stocking higher value premium used cars in May to help preserve their cashflow, according to Aston Barclay.
Sales of used EVs slowed in May as stock volumes dropped, with franchised dealers feeling the squeeze, according to the latest eBay Motors Group Market View.
Average overhead absorption has fallen to 55.5% in the UK, according to new data from REALtime Communications.
Sherwoods Motor Group will launch a car subscription service in partnership with Karzoom before the end of June.
The Association of Fleet Professionals (AFP) has noted that discounts are starting to appear on new electric vehicles (EVs) for the first time since they entered the mass market.
Automotive retailers that are investing in digital services to offer a seamless customer journey online and in the showroom are reporting higher sales volumes, according to Auto Trader.
AM's regular columnist Professor Jim Saker, director of the Centre for Automotive Management at Loughborough University's business school and president of the Institute of the Motor Industry, shares his thoughts about the damage done to companies by HR departments that put corporate damage-limitation ahead of victim welfare.
The IMI has warned of a 106,000 shortfall in technicians in the UK that need to be advanced driver assistance systems (ADAS) certified by 2030.
Used EV values could fall by a further 5-10% in the next few months, the latest Vehicle Remarketing Association (VRA) member meeting was told.
A quarter of car buyers would be happy to purchase online today, while three-quarters say a website’s ‘quality’ would most likely influence their buying decisions.
