Remarketing firms expected used car and van prices to increase by upwards of 1% in March amid “very positive” trading conditions buoyed by strong demand for limited stock.
Society of Motor Manufacturers and Traders (SMMT) chief executive Mike Hawes has admitted that the UK car manufacturing sector needs a new "pitch” to remain competitive with global rivals.
Vertu Motors has acknowledged colleagues who have performed ‘exceptionally well’ and delivered high levels of leadership throughout the year.
Vehicle production at Jaguar Land Rover’s Halewood car production line could be halted after more than 150 workers voted to strike over job and pay cuts, Unite the Union has claimed.
Kia has expanded its Kia Charge electric vehicle (EV) charging network by 48% in the last year and now offers access to more than 30,000 points in the UK.
Car retailers are being urged to contribute to a survey gathering information on behalf of the Office Zero Emissions Vehicles (OZEV) and could help shape future UK Government’s policy.
Discounts of up to 16% are being offered on new cars at UK retailers, ahead of the March plate-change.
Jato Dynamics has suggested that Europe’s new car registrations volumes may never recover to pre-pandemic highs following 11% year-on-year growth in January.
Cazoo has completed the disposal of the used car data insights platform Cazana for an undisclosed sum just over 17 months after acquiring the business for £25 million.
When the initial consultation for Consumer Duty was announced in May 2021 by the Financial Conduct Authority (FCA), it divided opinion.
Arnold Clark Autoparts group factor manager Craig McCracken has been appointed as the new president of the Independent Automotive Aftermarket Federation (IAAF).
William Brown has become the managing director of International Motors, as part of wider managerial restructure at the automotive distributor.
Bentley will stop producing its flagship W12 engine next year as it switches focus to electric powertrains.
A Dick Lovett Ferrari experience manager has refuted a claim that an ex-bodyguard of Michael Jackson was “ignored” by dealership staff because he was wearing a tracksuit.
Inspirational women from across the automotive sector have been listed among the shortlist for this year's Cox Automotive Barbara Cox Woman of the Year award.
Stellantis chief executive Carlos Tavares is targeting a “transformative journey” towards electrification in the US after revealing record 2022 financial results for the car manufacturing giant.
Brindley Group is set to introduce a host of eco-friendly measures to reduce its carbon footprint when it commences the £2 million redevelopment of its Kia dealership in Wolverhampton.
More than a third (34%) of dealers are stocking more economical cars to meet the needs of buyers during the cost of living crisis.
The recent decline in used electric vehicle (EV) values has kickstarted demand among buyers and led to an increase in sales.
Mercedes-Benz UK’s first month on the new direct to consumer distribution model, and agency contracts, highlights the need for ‘agile’ vehicle pricing, despite fixed price promises
Deep analysis of 2022's UK new car market shows parental lineage gives no guarantees when ambitious new car brands like MG and Kia can go the distance
Car retail sector PLCs Vertu Motors, Pendragon, Lookers and Motorpoint are expected to see “valuations improve” as stability returns to the UK economy.
Advertisement feature from Wallbox
Lookers has continued to invest heavily in its dealership property portfolio with completion of a £1 million transformation of its Nissan Gateshead franchise.
Suzuki has appointed Takanori Suzuki as its new managing director for the UK and Republic of Ireland.
More than a third of car retailers claim that their business’ survival will be put at risk in the UK Government does not step in to provide support with their energy costs.
Aston Barclay believes the used LCV market is now set at its “new normal” until 2024.
Auto Trader has diagnosed the used car retail sector with “robust health” after reporting a 0.7% rise in the average value of a vehicle during February trading.
Used car finance volumes grew by 8% as automotive supply issues left new car volumes 7% down in 2022, new data from the Finance and Leasing Association (FLA) has revealed.
Advertisement feature from Black Horse
