A Government-back new car scrappage scheme could be set to boost the automotive retail sector with incentives of up to £6,000 to switch into an electric vehicle (EV), it has been claimed.
Coronavius crisis has meant FCA is putting back the release of car finance findings
Lenders are urged to treat customers fairly as the coronavirus pandemic leads to many borrowers facing financial difficulties
This 45-minute webinar discusses the UK motor retail industry’s achievements in the first month of trading since lockdown ended for England’s car dealers.
Motorline Group has opened consultation with its workforce over a 10% cut to employee pay in response to challenges faced as a result of the COVID-19 crisis.
Bentley has announced plans to shed 1,000 jobs in the UK under a “voluntary release programme” after COVID-19 coronavirus hastened a drive to cut costs.
Imperial Cars has introduced a new finance offer allowing customers to defer paying for their new vehicle for up to three months.
Inchcape has appeared in a list of 53 businesses which have borrowed millions of pounds from the Bank of England under the Government’s Coronavirus Large Business Interruption Loan Scheme (CLBILS).
Car dealers have resisted the temptation to “slash prices” during COVID-19 lockdown according to Auto Trader data which showed an 1.9% year-on-year increase in May.
Automotive Services International has said automotive finance payment deferrals introduced during the coronavirus pandemic could see customers incur unintended costs.
The Scottish Motor Trade Association (SMTA) has said that the politics of COVID-19 North of the border will cost car dealers financially and result in disproportionate job losses across the UK's devolved regions.
Four of the UK remarketing sector's industry bodies have come together to deliver unified guidance on how to comply with safety guidance as the COVID-19 crisis eases and automotive retail businesses begin to re-open.
Michael Woodward, Deloitte's automotive industry leader, gives his take on the new car market as the UK government eases coronavirus lockdown restrictions.
HR Owen service manager Paul King has raised over £3,000 for NHS Charities Together with a 197-miile, 10-hour COVID-19 cycling challenge.
Luscombe Motors has finally opened the doors to its new MG Motors UK dealership in Leeds following a two-month delay caused by the COVID-19 lockdown.
During May's coronavirus lockdown 12,900 new cars were sold to private buyers, according to data from the Society of Motor Manufacturers and Traders.
Lookers will close a further 12 car dealerships and cut its employee headcount by up to 1,500 as part of a restructure plan aiming to make annual savings of £50 million.
Cazana has reported that demand for used cars during the COVID-19 lockdown may have outstripped the 20% of sales transactions which were completed during the period.
CarGurus has suggested that the re-opening of car showrooms in England this week has helped generate increased online leads for retailers in Scotland and Wales.
AA Cars has announced it will be extending it’s 50% discount for car dealerships for a third consecutive month into June, to help support UK used car busnesses weather the impact of COVID-19.
