Car buying insight specialist Sophus3 has revealed that is costs an average £3,430 to generate a test drive via online marketing.
Long serving Close Brothers Motor Finance employees from across the UK have been recognised at an award ceremony at the business' Doncaster headquarters.
Before committing to buying any ‘expensive’ item, including a new car, 28% of consumers will spend a month researching, study shows
Santander Consumer Finance (SCF) is driving innovation in its online retail offering with the launch of its i-click online document signature software platform.
Ian Jones has been appointed to manage a new technical support team at iVendi.
JCT600 has teamed up with brand partner Mercedes-Benz to open a new pop-up retail store at Sheffield Meadowhall shopping centre.
Listers Group has formed a partnership with CarGurus, which will see its used Audi stock available to buy online.
Volvo Car UK has rolled out a new TrackBack reporting system in readiness for "a huge volume of enquiries" anticipated ahead of the launch of its new XC40 SUV.
A US-based start-up called Fair is rolling out a used car finance app that connects customers with dealers’ approved used car stock online and is looking at launching in the UK next year.
Research from iVendi has shown that used car buyers conduct the most searches between 7pm and 9pm on Sunday.
BookMyGarage has been ranked 35 in SyndicateRoom’s list, Top 100: Britain’s fastest-growing businesses.
Aston Martin has launched an online merchandise shop, featuring fashion and prints for fans of the brand.
A 9% drop in new car sales compared to the previous year confirmed that the "market is getting tougher" but used car opportunity remained strong in January, according to enquiryMAX.
AutoGravity, a new and used car finance offer aggregator which has attracted the backing of Daimler in its native US, is looking at entering the UK market.
Dealers must relinquish control of the sales process to their customers and accept a new role if they are to survive in the digital age, automotive industry experts have warned.
Oodle Car Finance has announced the appointment of former HSBC and Santader director Rodger Lovering as chairman.
Auto Trader sees used diesel car prices rise by 3% Used diesel car prices rose by 3% as the average price of a used car rose 6% industry-wide, according to Auto Trader’s Retail Price Index. Despite a fall in the share of searches by fuel-type targeting a diesel vehicle, 71% In November 2016, to an annual low of 53% in January, diesel car sales via the online marketplace generated an average value of £14,405 in last month, compared to the £12,775 realised by the average used car sale. The Auto Trader Retail Price Index analyses data from over 500,000 trade used car listings every day, as well as additional dealer forecourt and website data to deliver its monthly statistics. It said that the £777 increase in the value of a diesel car sold via its platform represented “a promising start for used diesel prices” However, petrol saw a more impressive leap in used prices in January, recording an average price of £10,713, which is a £1,733 jump on January 2017 – representing a 10% increase on a like-for-like basis. Online searches for petrol cars, meanwhile, have steadily risen and accounted for 43% in January 2018, compared to just 26% in November 2016. In January 2018 4% of all fuel-related searches were attributed to alternatively fuelled vehicles, which was no movement from December and a 1% increase year-on-on. Comparing the total volume of AFV searches across the year, the number of searches for AFVs on Auto Trader increased 65% between 2016 and 2017, with electric alone recording a huge jump of 84% in searches. Karolina Edwards-Smajda, Auto Trader’s retailer and consumer product director, said: “With new diesel registrations continuing to tumble, it’s very reassuring to see used diesel prices not only retaining their value, but actually increasing in January. “It’s clear, however, just how harmful the government’s strong anti-diesel stance has been on the automotive industry. “We can see that the misstep in not clarifying the difference between new Euro6 and older vehicles has seriously dampened consumer buying confidence, reflected in both the ongoing fall in new diesel registrations, as well as the searches on our market place.”
Kia is preparing for a Six Nations take-over of London's Waterloo Station and a continued push on sports sponsorship as it looks to make its mark in “one of the most competitive environments in the world” with its Stinger performance car.
One of the “leading data protection practitioners in Europe” Ardi Kolah will take to the stage as a keynote speaker at AM’s GDPR conference.
Tech-savvy car dealers have been urged to recognise the potential sales boost that can be delivered by embracing smartphone technology in their business.
