Car retailers’ efforts to acquire affordable used cars for their forecourts have driven the sector’s vehicles to their highest February value growth since 2012, according to Cap HPI.
Aiways has announced it will not create a dealer network in Europe to support sales of its new U5 electric SUV, which launches in August.
Vertu Motors celebrated the achievements of its top performing employees at the company’s CEO Awards, recognising the “depth of talent” within the AM100 car retail group.
Dealers are missing out on the opportunity to increase car sales by failing to use Facebook automotive inventory ads, according to Honchō.
Organsers of the Geneva Motor Show 2020 have confirmed that the annual automotive showcase event will go ahead despite the outbreak of coronavirus in key car manufacturing nations across the globe.
Ford retailers whose new car sales businesses have been put at risk by the manufacturer’s plan to close almost half of its 400 UK dealerships by 2025 are demanding changes to their aftersales contracts.
Inchcape reported a 1.3% increase in turnover and a 256% increase in its profit before tax in its full-year financial results for 2019.
Car production slumped to a nine-year January low in the UK despite a 4.1% year-on-year rise in exports volumes, the Society of Motor Manufacturers and Traders (SMMT) has reported.
Sytner Group’s Sheffield BMW franchise claimed the German premium car brand’s UK Retailer of the Year title at its prestigious 2020 awards ceremony.
Paul Rigby Group has opened a new MG Motor UK franchised car dealership within part of the conference centre at the brand’s historic Longbridge vehicle production facility.
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A whole range of issues were discussed by some of the industry’s biggest hitters, who pulled no punches about the challenges facing them as they go into 2020.
Ford will close almost half of its 400 UK franchised car retail sites as part of a ‘Ford 2025 dealer plan’ revealed to its investor partners at a conference today (February 26).
The former owner of Bolton’s IGW car dealership group has won a £310,000 VAT battle with the HMRC from his jail cell while serving a life sentence for the 2011 murder of his wife.
The Finance and Leasing Association’s chairman has urged the sector’s regulators and policymakers to work more closely with the industry and ensure motor and asset finance is able to help the UK reach its zero emissions goal.
PSA Group chairman Carlos Tavares has said that he is “eager to enter a new era” following the merger with FCA Group after revealing details of record financial results in 2019.
JCT600 has promoted operations director Richard Hargreaves to the post of managing director, praising his “nurturing” approach and his “key role” in the growth of the Bradford-based car retail group.
Stoneacre Motor Group has revealed detail of a 24.9% turnover increase in annual turnover and a 31.2% increase in pre-tax profits in annual financial results to April 31, 2019.
Park’s Motor Group master technician Alan Williamson will contest Mitsubishi Motors' Global Technician of the Year title in Tokyo after securing a podium finish in the European stage of the competition.
Mercedes-Benz has created an online app to help car buyers locate both new and used vehicle that are currently in stock and available to buy in the UK.
Confidence in the 2020 car retail market was expressed by 98% of respondents to a Close Brothers Motor Finance in a survey to gauge the mood among the sector’s businesses.
Volkswagen converted more new car Google searches into registrations than any other brand last year, but its lead is slipping.
Rolls-Royce Motor Cars is serving up experiences including backstage access to the Grammys and Academy Awards and exclusive access to the Olympics and Wimbledon as part of Whisper - the ‘most exclusive Members’ Club in the world’.
Used electric cars pose a problem for the motor finance industry, which may not be ready in time for the Governments 2035 ban on the sale of petrol and diesel cars.
Car dealers’ part-exchange vehicles reached record values at BCA’s auctions during January as the sector continues to compete for a wide range of vehicle stock to fill their forecourts.
Glyn Hopkin has invested over £1 million in a new flagship retail store which incorporates virtual reality (VR) to handle sales for FCA Group brands Fiat, Abarth, Jeep and Alfa Romeo under one roof.
Quest Motor Group has credited its new Ecommerce platform for helping it to the most successful month of car sales in its history.
Ford will strap potential Mustang Mach-E customers into a rollercoaster-style ride to experience the accelerative force of its debut electric vehicle (EV) as part of a roadshow set to promote the new model across the UK.
Rybrook has opened a newly built Volvo dealership in Preston as it expands its franchise operation.
Porsche Retail Group, TrustFord and Motorpoint were all recognised among the UK’s top employers in the annual Sunday Times Best Companies to Work For rankings.
