Hardly a year goes by without the role of regulation in the economy being reconsidered. Even now, in the midst of a national crisis, the debate continues.
The car retail sector is divided over suggestions by the Bank of England’s chief economist that the UK is already on track for a V-shaped recovery from the COVID-19 coronavirus pandemic.
Over 20 employees could be at risk of redundancy at Cambria Automobiles’ Jaguar Land Rover (JLR) dealership in Swindon as part of plans to mitigate against the impact of COVID-19.
Car retailers in Leicester fear that a stalling of lockdown easing measures resulting from a localised outbreak of COVID-19 coronavirus in the city could see their recovery efforts unravel.
HR Owen has said that it is making “a limited number” of staff reductions in response to the market challenges faced as a result of the COVID-19 crisis.
The Government has announced that after August 1 no more extensions will be available for MOT tests of cars, vans and motorcycles.
There remains insufficient data to forecast a V- or U-shaped COVID-19 car retail recovery in Europe after sales declined by 57% across the region in May, according to Jato Dynamics.
As Scotland's car dealers re-open their showrooms to sales customers, Jo Causon, the chief executive of The Institute of Customer Service, tells AM that recognition of front-line retail staff is the key to post-lockdown success.
The Society of Motor Manufacturers and Traders (SMMT) has called for “dedicated support to drive a successful restart” after revealing that COVID-19 shutdowns caused a 95.4% slump in UK car production in May.
One-in-ten car buyers plan to head online to purchase their next vehicle according to BuyaCar research indicating that specialist online traders are set to gain increased market traction.
Imperial Cars has said that it expects June to be a record used car sales month after COVID-19 safe trading initiatives helped it re-open with a bang following lockdown.
The Peter Vardy Group has introduced a “Two-Metre Greeter” role to its car showrooms in Scotland as part of a £100,000 COVID-19 protection package rolled out ahead of their June 29 re-opening.
Outsourced communication provider Moneypenny has launched a new online self-screening bot that can assure dealers that their customers have not been exposed to Covid-19 before visiting a showroom.
After almost three months of shuttered showrooms, the Government’s easing of lockdown restrictions meant car dealers in England were able to reopen their doors from June 1, Northern Ireland June 8 and Wales just this week.
Auto Trader has vowed to repay the funding its accessed through the Government’s Coronavirus Job Retention Scheme (CJRS) in its annual financial results for 2019/20.
BCA has announced a new fortnightly programme of online Top Car sales following successful events staged in May and earlier this month (June).
The latest webinar from the Institute of the Motor Industry (IMI) is set to address cash flow challenges that businesses are facing due to the COVID-19 coronavirus outbreak.
The Prime Minister Boris Johnson has announced that a “one metre plus” social distancing policy will be introduced from July 4 as part of a series of COVID-19 legislation easing measures.
Lending panels are favouring finance providers that can deliver a high degree of flexibility as dealers look to restart their businesses after the Coronavirus lockdown.
The National Franchised Dealers Association (NFDA) has said that the Scottish Government’s decision to postpone the re-opening of car showrooms will place jobs under “unnecessary economic risk.”
