Aston Barclay managing director Martin Potter has said that the success of the remarketing provider’s return to physical auctions after ‘Lockdown 3’ could mean it has to “turn traders away”.
Tesla’s ongoing expansion of its retail and service facilities in the UK has brought 10 store openings in the past 12 months, with four in the first part of 2021.
Pendragon partially credited the “high degree of protection” against ‘Lockdown 3’ offered by its new digital approach to car retail for a £10.8 million underlying profit in Q1.
Cazoo has appointed former Ocado chief financial officer Duncan Tatton-Brown and 23andMe founder and chief executive Anne Wojcicki to its board ahead of its £5bn public offering on the New York Stock Exchange.
GForces and Autofutura have vowed to connect car manufacturers, automotive finance providers, car dealers and consumers to optimise the entire customer journey with a merger announced today.
Digital finance processes are allowing car retailers to “shave more and more time off the online motor finance process” and improve customers’ retail experience, says Startline Motor Finance.
Aston Barclay has reported that its used car sales volumes in a COVID-19 hit Q1 were a match for those of the same period in 2020.
Retailers could be missing an opportunity to communicate with female buyers in the car-buying journey by utilising video, CitNOW research suggests.
Heycar is increasing payment terms to 60 days until the end of Q2 to provide dealers with ‘welcome breathing space’ as after this week's showroom reopenings.
A shift from traditional showroom-based car sales to a wholly-online retail solution would cut dealers cost-per-sale by over 40% - saving the sector £9.5bn a year.
Europe’s largest independent used car retailer is aiming to create a ‘borderless’ online car retail business across 12 countries with the launch of its Driverama platform.
More than a third (37%) of used car transactions, including finance applications, took place entirely online during COVID-19 'Lockdown 3', according to iVendi.
Automotive retail ecommerce specialist drivvn has appointed Lucy Trott as its new client director.
Carwow has reported record levels of orders in March, achieving its highest performance ever during COVID-19 'Lockdown 3'.
Car retailers in England and Wales celebrating the reopening of car showrooms after COVID-19 ‘Lockdown 3’ are now eager to leverage pent-up demand, with some expecting a “bumper Q2”.
Online car buying platform Carzam has launched a new Chat and Buy service that allows buyers to reserve a vehicle while they discuss it with the company’s sales team.
As the nationwide lockdown is lifted, restrictions are eased, and the auto retail landscape begins its slow climb back to a more normal state, dealers will be challenged with how to turn stock faster and more efficiently.
Bristol Street Motors will sponsor this year’s Virtual Grand National and Grand National Race of Champions, as part of an exclusive deal.
Quest Motor Group will close the doors to its Citroen, Suzuki and Vauxhall multi-brand car dealership in Maldon to bring an end to 100 years of operations in the Essex town.
Motorpoint has revealed that 52% of its used car sales were completed online during a COVID-hit 2020 trading period.
