Many dealerships and independent service centres were finding it hard to make a profit long before the COVID-19 pandemic hit, due to their low margin, high volume operating models.
What Car? has added a new feature to its New Car Buying platform that allows dealers to sell unregistered, pre-registered and nearly new cars from stock.
An 18-day Polestar 2 customer test drive tour was ‘fully booked’ in eight hours as the Geely-owned performance electric vehicle (EV) brand continues to gain traction without a physical retail presence in the UK.
Carwow’s new car sales for July 2020 were up 10.43% compared to the same period last year, painting an optimistic picture for dealers.
Car dealers’ used vehicle stock levels have declined by 30% as post-lockdown demand among buyers leaves businesses “grappling” with the challenge of securing fresh product for their forecourts.
Auto Trader is aiming to drive more traffic to car retailer’s online adverts through its sponsorship of ‘Weekends on Dave’ – delivering a 12-months of continuous TV exposure.
LSH Auto’s sprawling Mercedes-Benz dealership site in Stockport has begun a recruitment drive to find 15 new members of staff despite embarking on a digitalisation drive during COVID-19 lockdown.
West Way Nissan believes that its shift to a digital aftersales process during the COVID-19 lockdown period could save it 10,000 hours a year of "productive time".
For many years a bugbear of the motor industry is the transactional and infrequent relationship the car dealers has with their customers.
A survey of over 1,000 consumers who purchased a car through carwow since the UK's first dealership reopenings has confirmed a shift towards digital car retailing across Europe.
Motorway is providing free vehicle collection worth up to £500 for new dealers, to celebrate hitting the milestone of £1.6m in daily sales.
Used car prices showed their largest monthly price rise for two years on Auto Trader during July, with values rising 4.6% amid signs that consumer demand is continuing to grow.
Auto Trader is targeting further automation of the car sales process following the acquisition of finance, insurance and compliance software platform AutoConvert.
Imperial Cars has begun to consult its staff over widespread redundancies just two weeks after its acquisition by online car retailer Cazoo.
A new iVendi product provided to coronavirus crisis-hit vehicle retailers for free has been used to manage and negotiate more than £63m of vehicle finance deals in the last 10 weeks.
The number of UK drivers willing to pay for a car they haven’t seen first has fallen since last year, with three-quarters saying they would not buy one without viewing it in person.
Volkswagen remains the top car brand in the UK for converting online searches into purchases, according to analysis by Honcho.
Cox Automotive has reported signs of pent-up demand in the used car market after its auctions went wholly online due to the COVID-19 pandemic.
As the motor retail sector emerges nervously from lockdown, dealers are reporting that the shift towards a digitally-led sales model for new and used cars is progressing far more quickly than many might have imagined even just a few months ago.
A new integration between iVendi and RAPID RTC means 'improved lead generation and management' for dealers.
