A survey of over 2,100 in-market car buyers conducted by What Car? heard that 66% felt their purchasing decision had been completely unaffected by the impact of the COVID-19 coronavirus crisis.
Johnsons Cars will continue to target growth through acquisitions after posting an 86.3% pre-tax profits decline in its annual financial results for 2019.
A HR-themed survey of the UK’s franchised car retailers found that 59% intend to recruit in their sales departments and 63% plan to appoint new technicians over the next three months.
Car supermarket group Big Motoring World has sold the same number of cars during the Novermber lockdown as it did in November 2019.
Caffyns recovered profitability this year despite its car showrooms being closed for 10 weeks. Underlying pre-tax profits have rocketed up by 830% year-on-year to £1.5 million.
40% of UK drivers say they are now less likely to visit a showroom while researching the purchase of a car, as a direct result of the COVID-19 pandemic, research by Marketing Delivery, has found.
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).
Car retailers have just over a week to prepare for showroom reopening after Prime Minister Boris Johnson announced a December 2 end to ‘Lockdown 2’ – and the return to a three-tier system.
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.
COVID-19 ‘Lockdown 2’ has sparked a rapid rise in the volume of digital car finance deals being forwarded to dealership customers, according to iVendi.
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).
Car retailers will be able to continue trading after Scottish First Minister Nicola Sturgeon moved into Level 4 COVID-19 lockdown – implementing the nation’s most stringent mitigation measures.
Ben has issued an urgent plea for financial assistance after amid a £1m funding shortfall and a COVID-triggered 50% increase in calls for help from automotive industry employees.
Heycar has vowed to foot the bill for vehicle deliveries to customers until the end of 2020 as part of a bid to support car dealers’ online retail efforts during the ongoing COVID-19 crisis.
The used car sector is showing continued good health in the face of COVID-19 ‘Lockdown 2’, according to Auto Trader.
Signs that the used car market is starting to soften are becoming apparent and UK remarketing centres with demand and pricing predictions “becoming more difficult” at each sale, according to Aston Barclay.
Auto Trader has claimed that interest in commercial vehicles (CV) has been “unaffected” by the latest COVID-19 lockdown restrictions – with online enquiries up 38%.
Car retailers fell short of lobbying their local MP over the 'Lockdown 2' car showroom closures delivering a blow to Q4 car sales, an AM survey has revealed.
Indicata has advised used car retailers to reprice and sell overage used car stock “immediately” as part of efforts to get on the front foot ahead of an anticipated easing of COVID-19 trading restrictions in the New Year.
Some car retailers are feeling the pressure as manufacturers demand they to get their digital houses in order to take advantage of any market recovery ahead of what is expected to be a tough Q4, according to delegates at AM’s first virtual round table (held before 'Lockdown 2').
