Demand for used diesel cars has driven average values up by 11.3% to the end of Q3 2020, outstripping increases among any other fuel type, according to Autrola market data.
Caterham has welcomed Krazy Horse in Bury St Edmunds as the latest member of its retailer network.
TrustFord preparing for new store concept and aftersales openings after celebrating “stunning performance” to carry momentum from its COVID-19 comeback in Q3.
Motorpoint chief executive Mark Carpenter has said that the car supermarket group’s board “continues to look to the future with confidence” after a June return to profitability.
Mercedes-Benz will reduce the number of small cars it makes as part of a new strategy to re-focus on luxury markets and move away from volume segments.
Ford retailers who are unable to find £750,000-per-dealership site to fund a post-Brexit change to the brand’s VAT invoicing regime could be forced out of business, it has been claimed.
Mercedes-Benz is expanding its range of EQ electric models with six new additions, the first of which are expected to arrive in dealerships next year.
Hendy Group has confirmed it will continue to support AFC Bournemouth football club for the next two seasons.
Auto Trader has officially launched a Retailer Performance Masterclass (RPM) online hub with the aim of providing advice and support to car retailers through a series of “bite size” best practice tutorials.
Manheim will auction 1,000 used cars across five locations as part of a Marshall Motor Group mega-event running from October 12 to 16.
Cooke & Mason has changed its name to PIB Insurance Brokers as part of a nationwide rebranding programme aiming to simplify the business offering.
Cazoo founder Alex Chesterman told AM that it is “too early to speculate” about a possible market floatation of the online car retail business, following publication of its 2019 annual financial results.
Red Rose Mitsubishi has added a SsangYong Motors UK car retail franchise to its dealership site in north Birmingham.
Vertu Motors’ COVID-19 recovery accelerated the AM100 PLC to a £19 million profit in Q2 to reverse a £14.3m Q1 loss and deliver a profit in a challenging period for automotive retail.
Kia Motors UK has celebrated the strong comeback from COVID-19 lockdown made 34 of its franchised car dealers with the award of a series of special President's Acceleration Awards.
New registrations in the light commercial vehicle (LCV) sector remain 27.4% down year-to-date despite a growth of 26.4% in September, the SMMT has reported.
The average UK car retailer delivered a £28,000 year-on-year swing to profitability in August to ensure “a profitable 2020 seems very much in reach for the average retailer”, according to ASE.
Shelbourne Motors has marked the first anniversary of the opening of its £5 million multi-brand car dealership in Newry with a 20.5% increase in pre-tax profits in its 2019 annual financial results.
Used car retailers saw their stock turn accelerate by 10 days in September as average advertised prices rose by 1.8%, eBay Motors has reported.
Motorpoint Peterborough’s Chris Northern has raised more than £2,500 for charity after completing the Jurassic Coast Ultra 100K run – despite the official event being cancelled.
The Vehicle Remarketing Association (VRA) is hosting a series of webinars to provide a summary of next year’s prospects in the key areas of remarketing.
Mazda has built on its ‘Mazda My Way’ home test drive concept to take car buying to customers across the UK with its new ‘Mazda Your Way’ pledge.
Mazepoint has launched Mazeinsight, a fully integrated business intelligence tool that enables dealer groups to collate data and manage, monitor and drive bottom-line performance.
The PSA Group has claimed that its new Robins & Day multi-brand car dealership in Chiswick offers the car buyers the UK’s “largest concentration” of new electric vehicles (EV) to choose from.
A new web-based car subscription service has launched in the UK, providing an alternative to traditional retailing, leasing and rental.
AM is launching a fully functioning virtual exhibition version of our annual Automotive Management Live event to enable dealers and OEMs to hear the latest insights and best practice plus network with their industry peers.
Car retailers have been urged not to not put their preparations to comply with the Financial Conduct Authority’s (FCA) Senior Manager Certification Regime (SM&CR) “on the back burner” as a result of the recent deadline extension.
The UK’s new car sales volumes slumped to their lowest September number plate change month this century as the automotive COVID-19 recovery stalled to a 4.4% year-on-year decline.
Vauxhall and Group PSA are combining their apprenticeship programmes as the brands continue to merge closer together.
MotorVise has appointed former Sytner and SG Petch dealer principal and Mercedes market area director for Rybrook, Nick Coyle, as its new sales director.
