Auto Trader has reported that the average price of a used car offered for sales on a dealer forecourt reached a record high of £12,853 during September.
Cox Automotive and Grant Thornton have delivered analysis of diesel car sales, vehicle ownership trends and continued retailer consolidation ahead of Brexit after teaming-up to produce an automotive sector Insight Report.
BCA has delivered further evidence of the soaring value of used vehicle stock for car dealers during September as average prices reached the highest level the remarketing specialist has ever recorded.
Marshall Motor Holdings has expressed its aim of focusing on its “strong balance sheet” in a trading update issued in response to the introduction of the new Worldwide Harmonised Light Vehicle Test Procedure (WLTP).
Waylands Automotive has acquired Johnsons Cars’ Volvo Oxford car dealership to extend it operations to four sites – all with the Swedish premium brand.
The NFDA’s latest Consumer Attitude Survey has revealed that cost remains the biggest barrier to EV ownership amid concerns that the Government is preparing to announce cuts to the ULEV grant.
The Society of Motor Manufacturers and Traders (SMMT) has launched a new Brexit Readiness Programme in an effort to help safeguard UK’s automotive supply chain.
Car dealers reported an 11% increase in used car sales during September as the average value of each sale declined by 8%, according to EnquiryMAX.
Vauxhall will introduce eight new or updated models by the end of 2020, as part of the car manufacturer's efforts to drive profitability with its new PACE! stategy.
InAutomotive has been shortlisted for a National Online Recruitment Award (NORA) in the Best Specialist Job Board Category.
Vertu chief executive Robert Forrester has said that the business is actively looking for new investments after putting in place further measures to further strengthen its “ultra conservative” balance sheet.
In-line with the recent prediction from the Met Office that the UK faces its coldest and harshest winter in a decade, buyer services manager – Alex Miles – at G3 Remarketing, offers his advice to dealers on how they can prepare their forecourts now.
The Financial Ombudsman Service has adopted Cazana’s vehicle valuations in order to assess the value of written-off vehicles.
The death of Mark Mathers while working at Aberdeen's Volkswagen dealership last month is subject to an investigation by Aberdeen City Council and local police.
Audi suffered a near-70% decline in registrations in its home market of Germany during September as the effects of the roll-out of the Worldwide Harmonised Light Vehicle Test Procedure was felt.
Sportif Citroen managing director John Miskin has sold the Aylesbury-based franchised car dealership to his son Simon - signalling his retirement from the business.
Jaguar Land Rover will follow recent moves to cut 1,000 agency and place workers at Castle Bromwich on a three-day week with a two-week manufacturing freeze at its Solihull plant.
Franchised car dealerships failed to make the grade in The Sunday Times Grant Thornton Top Track 250 league table as it ranked Britain’s private mid-market growth firms by latest sales.
Aston Barclay has seen a senior team reshuffle as Adrian Dunbar moves to the newly created role of group governance manager.
Instant car buying websites are “quoting unrealistically high car valuations online to attract customers” and chipping the price, according to Motorway.co.uk research.
Shelbourne Motors is preparing to add a Renault dealership to its new £5m multi-franchise complex in Newry after reaching an agreement to represent the French car brand.
SsangYong dealers across the UK will join forces to support ‘Drive for her Life’ campaign to help fund specialist cancer treatment trials for the daughter of the brand's UK aftersales manager.
MotorVise has welcomed Sherwood Vauxhall’s former group used car manager, Andy Drinkel, as head of dealer sales.
Peugeot has appointed Martin Moll as its new marketing director, replacing Mark Pickles who joins Free2Lease as commercial director.
Seat emerged as the car manufacturer offering new car customers the biggest discounts in the latest Target Price report compiled by What Car?.
Trade prices for used cars have reached such a high level that dealers relying on finance and insurance (F&I) for profitability, the Vehicle Remarketing Association (RMA) has said.
A used car supermarket boss has offered a £20,000 reward for any information that leads to a conviction or return of "more than a dosen" vehicles stolen in a raid on his Sheffield forecourt.
Alan Day Volkswagen has expanded its franchise offering with the official opening of a new Skoda showroom in North London.
Stoneacre Motor Group is set to achieve its ambition of becoming a £1 billion turnover car retail group a year early following the acquisition of four Mill Garages Northeast Ltd Volvo dealerships.
Car buyers are selling their vehicle, on average, within 20 months of purchase, according to Tootle.
