Jato Dynamics has said that no car manufacturer was prepared for or expecting “such a large-scale crisis” after COVID-19 lockdown delivered a 78.1% April decline in new car registrations across Europe.
Car retailers across the UK reported that demand from car buyers left pent-up during the COVID-19 lockdown period had resulted in a bumper return to showroom trading on June 1.
Independent car retailer Motorpoint has delivered 1,000 cars during the coronavirus lockdown via its free home delivery service.
BCA has claimed that used car values have “steadily risen” during the COVID-19 lockdown period which prevented the majority of UK car retailers for trading.
Inchcape UK Lexus Guildford and Motorline Lexus Cardiff have been named among the winners of Lexus Kiwami awards in 2020.
Detail of the Government’s coronavirus job retention scheme (CJRS) extension into October has been welcomed, despite fears that the introduction of larger employer contributions could bring a ‘heavy dose of complexity’.
Car dealers could soon gain a much larger geographical footprint as a post COVID-19 lockdown shift to online sales models attract buyers from further afield.
Marshall Motor Holdings expects to report a first-half pre-tax loss due to the 10 week closure of its showrooms by COVID-19 counter-measures.
With COVID-19 bringing a 'Perfect Storm, Part 2' to UK automotive Professor David Bailey wants to see Government support to save the flagship manufacturing sector.
Auto Trader has invested in a multi-million-pound marketing campaign to help re-ignite the car industry when lockdown restrictions lift at the start of June.
More than 40% of franchised car retailers think manufacturers could be doing more to help, AM's research showed
The UK car manufacturing sector could suffer a £12.5 billion loss due to production lost during the COVID-19 coronavirus pandemic's enforced lockdown period.
As lockdown eases, dealers returning to trading on June 1 are likely to prompt a ‘step change’ in online motor retail, says iVendi.
Vertu Motors employees across the UK have achieved their fundraising target of £20,000 by donating the cost of their haircuts to NHS charities.
Steve Le Bas, head of motor retail at advisers and accountants BDO, shares his views on some of the likely developments ahead for car dealers after UK society comes out of the COVID-19 national lockdown.
Mazda UK sales director Peter Allibon has said that 2020 new car registrations forecasts have had to rely on some “fairly major assumptions” on what can be achieved by retailers before the end of the year.
Dealers should expect an increase in haggling when they open showroom doors next week as car buyers are demanding discounts on their next car.
Conversion rates are expected to rise as dealerships face strict limits on the number of sales appointments they can handle in a day when showrooms start to reopen from June 1 following the easing of the Coronavirus lockdown.
The Health and Safety Executive (HSE) has warned that building closure or reduced occupancy can increase the risk of Legionnaires’ disease.
Almost 1.1 million unroadworthy vehicles are set to return to the roads as lockdown begins to ease, according to new research by Kwik Fit.
