Used 4x4 values are moving up with October showing a 7.3% increase over September, according to BCA, as demand is expected to rise into winter.
Franchised dealers need an online aftersales strategy that differentiates them from the independents and High Street fast-fit chains to encourage customers to remain in the network, says Neil Addley, managing director of Trusted Dealers.
Dealers offering consumer credit products have until April 1 to qualify for approval from the Financial Conduct Authority
Used car values have seen the second highest rise this year since 2005 as a combination of stock shortages and market demand push prices up, according to British Car Auctions (BCA).
The Society of Motor Manufacturers and Traders (SMMT) has increased its new car forecast from 2.22 million to 2.25 million units following a 4% increase in the October market.
Volvo’s approved used car programme Selekt has seen just 0.1% of customers return cars to dealers as part of its 100% satisfied policy.
Nissan-Renault and Mitsubishi are exploring opportunities to co-develop new models following the expansion of its strategic cooperation.
One lucky winner has been chosen from hundreds of dealers who participated in the annual Car Finance Survey from Sewells Research & Insight.
Rapid expansion of model variations in the car market is posing the risk of growing confusion for tomorrow’s used car trade, according to CAP Automotive.
Building a sustainable insurance business should be embedded in the culture of the dealership, according to Chris Codd, head of sales at MAPFRE ABRAXAS.
BEN, the automotive industry charity, has announced that David Prescott, MBE, FCIS, former deputy chief executive, has died following a short battle with cancer.
Skoda has confirmed the pricing for its Rapid and Rapid Spaceback Greenline models, which start at £17,535 and £17,195.
Used car website Trusted Dealers has launched a car buyer and mediation and arbitration helpline and free used car buyers' guide.
Derbyshire-based Pentagon Motor Group has agreed to acquire Grimshaws Vauxhall, which includes two sites in Manchester and a corporate fleet division in Horwich near Bolton, for an undisclosed sum.
Lexus has revealed its new RC Coupe ahead of the Tokyo Motor Show later this month.
The modern dealer needs to transform into an internet car retailer in every sense if they want to succeed in a digital age where consumers are powered with more information than ever, according to Deltapoint’s Tim Marriott.
Suzuki has extended its VAT free campaign on the Alto city car until the end of the year.
Used car dealers need new metrics to boost their margins
It’s easy to get carried away with complex digital marketing strategies, but dealers need to get the basics right when displaying their used cars online.
Franchised dealers encroached into independents’ traditional markets during the recession. Now the independent traders are fighting back
Now that manufacturers are raising dealer targets and tempting consumers back to the new car market, it is crucial that the franchised networks do not allow the progress achieved in used car practices to falter.
ASE chairman Mike Jones says it is difficult to get some franchised dealers to focus on used car retailing because of the strong market for new ones.
How to instil the right company attitude into your new recruits
Endeavour Automotive has expanded its operations having, from today, taken on the Watford territory for Hyundai.
Half of Britain's motorists have no idea how much their vehicle depreciates by each month, according to a new report by CAP Automotive.
Swansway Group has acquired Hartwell Citroen and Fiat in Chester for an undisclosed sum.
Ridgeway Group has acquired Parkview Skoda in Reading for an undisclosed sum.
Advertorial feature from DSG: Take a fresh approach to your finance in 2014
Conditional contracts have been exchanged to develop a new 30,000 sq ft car dealership in Exeter.
Vindis Group has held its second Audi experience day at Rockingham race circuit for 300 customers.
