A post-Brexit VAT issue that will see 20% added to the cost of used cars imported from mainland Britain and sold by car dealers in Northern Ireland is “not going away”, AM has been told.
Brexit and COVID-19 have combined to a create a variety of challenges for car dealers attempting to manage their workforce over the past ten months.
Dealers' prospects for 2021, business opportunities and retailing in a post-Brexit, post-FCA changes market, are all topics for discussion with the AM Motor Retail Review webinar panellists this afternoon at 2pm.
That a trade deal has been at been agreed at the last minute between the UK and EU comes as a huge relief for manufacturing sectors like automotive
Society of Motor Manufacturers and Traders (SMMT) chief executive Mike Hawes has said he fears a “New Year nightmare” for UK car manufacturers if the UK Government and EU fail to reach a trade agreement.
As Automotive Managemnent (AM) asks UK car retail businessses to share their hopes and fears for a COVID-19 and Brexit-impacted year ahead in the 'Outlook 2021 Survey', David Borland, EY UK & Ireland automotive leader suggests there could be cause for "cautious optimism".
The quarterly AM Motor Retail Review webinar on January 7 will discuss 2020's car market outcome, the FCA motor finance rules revision and the Brexit aftermath.
Cox Automotive has seen “unseasonal dealer activity” towards the end of this year in the new car market ahead of a potential no-deal Brexit.
Hyundai has become the latest manufacturer to reveal vehicle pricing plans ahead of a potential ‘no deal’ Brexit.
As car retailers dust themselves down after the rigours of an unpredictable 2020 AM has compiled a three-minute survey to learn of the sectors’ hopes, fears, challenges and opportunities in 2021.
More than half (53%) of in-market car buyers would be inclined to buy a British-built model to avoid price hikes in the event of a no-deal Brexit, according to new research by What Car?.
The perfect storm of challenges affecting the automotive industry continues unabated, with the pandemic, Brexit and supply issues all impacting consumer confidence and demand for new vehicles.
A Brexit briefing is to be provided by the Vehicle Remarketing Association (VRA) in its penultimate 2021 Outlook Seminar.
UK car manufacturing output fell by 18.2% in October with 110,179 units leaving factory gates, according to latest figures by the Society of Motor Manufacturers and Traders (SMMT).
Business leaders from AM100 franchised car retailers Sytner, Lookers, TrustFord have joined the NFDA in lobbying Northern Ireland MPs on a Brexit tax issue which could result in a 20% price hike for used cars.
The Cox Automotive Insight Report 2020 has urged car retailers to respond rapidly and plan for the ‘short-term’ in a bid to achieve success amid the current trading climates various headwinds.
Some vehicle manufacturers may delay new car price increases as a result of a no deal Brexit until March 2021, according to Automotive Services International (ASI).
The Vehicle Remarketing Association (VRA) will look to address concerns surrounding COVID-19 and the impact of Brexit in its upcoming Vehicle Retailing in 2021 webinar.
A new study compiled by the Society of Motor Manufacturers and Traders (SMMT) has found that preparations for Brexit have already cost the UK’s automotive sector £735 million.
Cap HPI is poised to handle any large volume vehicle price hikes from car manufacturers in the event of a ‘no-deal’ Brexit.
