Half of consumers (52%) who bought a car using PCP are expected to refinance them, rather than trade in for a new car at the end of the contract, according to research by NTT Data UK&I.
Insurance firms have been warned not to undervalue cars when settling insurance claims and are being “watched closely” by the Financial Conduct Authority (FCA).
Automotive sector leaders might have succeeded in reaching the summit of Africa’s highest peak, but they now need sponsors’ help to make one last push to their £300,000 fund-raising target.
Motorway has appointed former Sky TV and Now TV marketing expert Rachael Halliday into the newly-created role of brand marketing director.
Luxury car retail group Rybrook has completed the acquisition of Helston Garages’ Porsche car dealership in Exeter.
Arnold Clark will add its first new franchise car retail partner since it exited the Ford and Toyota networks when it becomes Scotland’s sole BYD electric vehicle (EV) retailer next year.
Renault has launched an all-inclusive subscription service for its new Megane E-Tech electric vehicle (EV) – with prices starting at £599 per month.
Lotus has welcomed the first buyers of its new Emira sports car to its Hethel factory to collect their new vehicles.
Bumper co-founder Jack Allman has been named as one of three Autocar Drivers of Change award winners.
Ford Motor Company has committed a further £149 million into making the UK its European hub for electric vehicle (EV) drivetrain production – safeguarding 500 highly skilled jobs.
Hendy Group ramps-up the luxury of its franchise portfolio with the opening of a Maserati car dealership in Poole today (December 1).
Used car values declined 0.4% month-on-month but remained 45% ahead of pre-pandemic “norm” during November, according to the latest data from Auto Trader.
Honda has officially opened its order books for the new Civic Type R hot hatch – with prices starting from £46,995.
Arnold Clark’s bid to acquire Yorkshire based franchised car retailer Car2 has ended after the two businesses were unable to strike a deal.
Cox Automotive seeks nominations of remarkable and innovative women for its coveted Barbara Cox Woman of the Year Award 2023, which honours inspirational women in the European automotive industry.
Roadside Garages Kia has been named the National Garage Star in The Motor Ombudsman’s 2022 Star Awards as fellow car retailers Glyn Hopkin, Hayselden and Listers all claimed regional awards.
A WeBuyAnyCar complaint to the Advertising Standards Authority (ASA) has resulted in a ban on Motorway TV and radio adverts which claimed it could offer motorists “up to £1,000 more” for their used car.
Yeomans Group has completed the acquisition of 11 Audi, Volkswagen, VW Commercial Vehicles and Skoda franchised car dealerships from Helston Garages for an undisclosed sum.
Consumer demand for motor finance remains strong despite surging interest rates, with engagement up 46% on pre-pandemic levels according to Auto Trader.
Car retailers will need to brush up their knowledge of car manufacturers’ advances in electric vehicle (EV) battery technology advances to avoid a slump in value set to impact so-called ‘black cars’.
Zuto has increased its market share by 7% in the last year, outperforming the used car market which grew by 6% in the same period.
Lookers’ Charles Hurst car retail division has struck an agreement with sports car maker Lotus Cars to develop its only dealership in Northern Ireland.
Luxury and supercar retail group HR Owen claims to have introduced new technology which streamlines its online customer journey to make it “more geared towards their curiosities and desires than ever before.”
ICDP managing director Steve Young believes the decision of Stellantis, Ford and Volvo to delay their roll-out of the agency model retail agreements for their franchised car dealers is a positive step.
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Plans to expand London’s ultra-low emissions zone for older cars and vans will have a disproportionate impact on the capital’s “most deprived communities and motorists”, the National Franchised Dealers Association (NFDA) has said.
The Institute of the Motor Industry (IMI) has celebrated the talents of some of the UK’s top young technicians after revealing the winners of its 2022 Skills Competition.
Mitchell Group is looking to return a little polish its customer engagement strategy with the re-launch its free Saturday car wash initiative.
Car retail group leaders from JCT600 and Marshall Motor Group have successfully completed their trek up Africa’s Mount Kilimanjaro in aid of the automotive charity Ben.
Many dealerships and independent services centres (ISCs) are facing cost pressures due to inflation and ongoing supply chain disruption. Dominic Tribe, partner at Vendigital, asks whether car dealership can engineer a better way of working.
