Signs that the used car market is starting to soften are becoming apparent and UK remarketing centres with demand and pricing predictions “becoming more difficult” at each sale, according to Aston Barclay.
Arbury Motor Group has begun a new focus on the personal and business contract hire (PCH) car market with the launch of its new Arbury Leasing website.
As we entered lockdown back in March, many dealers would have feared the worst for 2020 but a strong bounce back in both new and used sales through the summer will have gone some way to mitigating the impact of the pandemic.
Auto Trader has claimed that interest in commercial vehicles (CV) has been “unaffected” by the latest COVID-19 lockdown restrictions – with online enquiries up 38%.
Car retailers fell short of lobbying their local MP over the 'Lockdown 2' car showroom closures delivering a blow to Q4 car sales, an AM survey has revealed.
MG dealers are about to get their second pure battery electric vehicle to retail, plus a plug-in hybrid, as the brand expects its new car sales in 2020 to exceed 20,000 units.
Indicata has advised used car retailers to reprice and sell overage used car stock “immediately” as part of efforts to get on the front foot ahead of an anticipated easing of COVID-19 trading restrictions in the New Year.
Seat’s Cupra breakaway performance brand is set to accelerate its profile growth with the launch of a television advertising campaign for its new Formentor SUV.
Dealer Auction will supply digital auction services to Volkswagen Group UK's franchised car retail networks after signing a preferred supplier agreement with the German OEM.
Startline Motor Finance has secured a £375 million credit facility from J.P.Morgan in what is the third renewal and upsize of the facility between the two companies.
Former Ford of Britain managing director Andy Barratt has ended a brief “retirement” period to take up a new role with Lexus in the United Arab Emirates (UAE).
BMW has taken the wraps off its first purpose-built fully electric SUV, the iX, revealing a 500PS power output and a zero emissions range of up to 373 miles.
Vertu Motors has begun recruitment for a BMW division expected to be created from a multi-site acquisition to be completed during December.
The Mazda MX-30 and Honda Jazz have achieved five-star scores in Euro NCAP’s latest safety-assessing crash tests.
Tesla’s move from niche luxury vehicle maker to mass-market manufacturer has begun to take shape after the number of its US-built electric vehicles (EV) on UK roads trebled within a year.
BCA has announced plans to develop a new 65-acre remarketing ‘mega centre’ in Bristol, with the capacity to handle over 120,000 vehicles each year.
The starting price for the new Suzuki Swace hybrid estate will above that of the Toyota Corolla model it is based upon - with a list price of £27,499.
Advertisement feature from iVendi
Increasingly stringent COVID-19 mitigation measures across the UK have failed to deter car buyers from their purchasing journey, with 95% still ‘in-market’ according to new research by Parkers.
HMRC has opened its claims period for the newly-extended Coronavirus Job Retention Scheme (CJRS) as officials “grapple with its regulatory control” to prevent erroneous and fraudulent claims.
Lookers has said that the launch of a recruitment drive to take on largest-ever intake of apprentices in 2021 is a sign of its “confidence and ambition for the future”.
Growing interest in electric vehicles (EV) suggest that motorists may be gearing up for Government’s anticipated announcement of a 2030 ban on new petrol and diesel car sales.
The Retail Automotive Alliance (RAA) is celebrating the largest membership base in its history after welcoming franchised car dealers SG Petch and Clive Brook Volvo joined its ranks.
The latest lockdown has driven AM to move our Automotive Management Live Virtual event back from December 2-3 to a new date of January 20 and 21.
The Vehicle Remarketing Association (VRA) will look to address concerns surrounding COVID-19 and the impact of Brexit in its upcoming Vehicle Retailing in 2021 webinar.
Used car sales volumes rose by 4.4% in Q3 2020 after COVID-19 lockdown measures eased across the UK, according to the Society of Motor Manufacturers and Traders (SMMT).
Fixter has been named as the winner of the New Business Award in the prestigious Franco-British Business Awards 2020.
eBay Motors Group will provide car dealers with free advertising in December as part of support measures designed to assist businesses during England’s COVID-19 ‘Lockdown 2’ period.
A new study compiled by the Society of Motor Manufacturers and Traders (SMMT) has found that preparations for Brexit have already cost the UK’s automotive sector £735 million.
Suzuki GB is handing a bonus of up to £10,000 to car dealers as a reward for their efforts to adapt to trading during the COVID-19 pandemic.
