What Car? magazine has uncovered evidence that car dealers and manufacturers are offering car buyers cash discounts of £16.8 million to attract them into showrooms.
Cartime is targeting a £100 million turnover by 2021 after celebrating a set of annual financial results which revealed a 28.7% rise in revenues and 27% increase in pre-tax profits in 2018.
Motorpoint delivered 6.8% turnover growth and 10% growth in profit before taxation and exceptional items in its 2018 annual financial results.
Driver1 has signed a two-year partnership with Cox Automotive, to provide cheap cars on subscription to young drivers.
CitNOW has highlighted an increase of diversity among workshop technicians, thanks to exciting new technologies.
Volvo Car UK has awarded Verex a new, long-term contract for the provision of Volvo Car Insurance (VCI) dealer driveaway and annual insurance services.
GForces claims that it has identified a number of emerging trends in online automotive retailing, including a preference to buy online and out of business hours.
Cazoo has appointed Jonathan Howell as chief technology officer, ahead of its launch at the end of the year.
JCT600 has joined the Mitsubishi Motors in the UK franchised retail network with the opening of a new dealership in Bradford.
Tesla Model 3 tops Leasing.com league table
Despite volatile alternative fuel vehicle (AFV) values and reports of significant decline across the sector, there is ‘no need' for car retailers to heavily write back stock values, according to Cazana.
Car dealers pushed hard to realise the benefits of car buyers’ increased interest in used cars during May – with the number of prospecting calls up by 21% during the month.
JudgeService has urged dealers to focus on improving customer satisfaction and attention to detail to help drive stock turn and avoid “book” drops.
Close Brothers Motor Finance has exceeded last year’s fundraising record and raised £33,500 for Make-A-Wish and Cancer Research UK.
Caffyns has appointed Stephen Bellamy as a new independent non-executive director and chairman of the board's Remuneration Committee.
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Jason Lusty has been named Seat’s new global marketing director, replacing Suzanne Franz who is moving to Audi AG.
Volkswagen has launched 48-hour test drives for prospective e-Golf buyers alongside a television advertising campaign to promote the adoption of its electric vehicles (EVs).
There’s just one month to go until automotive industry leaders from Volvo, Allianz Partners and 1 Automotive take part in Thames Waterbike Ride for Ben.
Invicta Motors has opened the doors at a new Suzuki dealership in Maidstone, having become the latest recruit to the UK franchised retail network.
Lexus claims that it has unlocked the doors to motorists’ dream garage with the launch of a new vehicle subscription mobility service delivering access to a CT200 hybrid hatchback from £619 per month.
The Finance and Leasing Association (FLA) has revealed that new business in the point of sale (POS) consumer new car finance market fell 2% by value and 7% by volume in April.
Jack Barclay Bentley will be hosting a free exhibition of James Bond rarities, including original Bond cars and Ian Fleming first editions.
New 5G mobile networks could “revolutionise” some aspects of online motor retail and how dealers present vehicles, says iVendi.
Auto Trader’s annual turnover rose 8% to £355.1 million in 2018 as its grew its average profit per retailer forecourt by 9% to £1,844.
Ford’s Bridgend car manufacturing plant will close in 2020 with the loss of 1,700 jobs, according to union officials.
Renault has refreshed its flagship Koleos SUV with two new diesel engines to deliver better efficiency.
DealTrak is following up the recruitment of five new faces and and the completion of several internal promotions with a recruitment drive to fill nine new roles in preparation for its "biggest year-to-date".
Retail Automotive Alliance (RAA) has announced that Brindley Garage is the latest dealer group to join its network, taking the number of shareholder members to 24.
Vauxhall is taking customer reservations for its new all-electric Corsa-e EV, with a £500 deposit securing one of the first examples to reach UK showrooms.
