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.
The UK's automotive retail sector remains ‘desperate for more certainty’ on COVID-19 legislation and Government’s guidelines on face coverings, according to the NFDA.
Employers can exercise “more discretion” over their employees return to work as part of a conditional schedule for the further easing of COVID-19 lockdown restrictions in England.
The time has come for the Government to give a definitive bit of advice, to codify what the Prime Minister could only splutter when he said: “Instead of ‘stay at home if you can’ – I think we should now say, well, ‘go back to work if you can’.”
Car retailers will not be called upon to enforce the mandatory wearing of face coverings by customers at UK dealerships under new guidance issued by Government.
Car retailers have been warned to be on their guard after a fraudster attempted to scam the James Glen Car Sales out of £41,000 and a Porsche Cayman sports car by exploiting the Government’s Bounce Back Loans (BBL) scheme.
The Society of Motor Manufacturers and Traders (SMMT) has expressed “bitter disappointment” over the omission of an automotive sector stimulus package in the Chancellor of the Exchequer’s ‘mini budget’.
Chancellor of the Exchequer Rishi Sunak put job retention and creation front and centre of his £30 billion COVID-19 “mini budget” – prioritising hospitality, tourism and housing with fiscal stimulation measures.
Chancellor of the Exchequer Rishi Sunak is unlikely to support individual businesses like car dealerships with new COVID-19 recovery packages in tomorrow’s “mini budget”, it has been claimed.
Car retailers in Italy will benefit from a post-COVID sales boost after the country’s government gave the green light to scrappage scheme incentives for buyers.
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.
Toyota and Lexus are offering discounts of up to £4,000 to owners of older vehicles to trade up to a brand-new car with the launch of its own its scrappage schemes.
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.
The Society of Motor Manufacturers and Traders (SMMT) has called for a Government-backed automotive sector restart package and “turbocharged” Brexit talks to kick-start the COVID-19 recovery.
Government’s decision to fit all pure electric vehicles (EV) with partially green number plates is set to pave the way for incentives which should boost adoption of zero emission transport.
A Government-back new car scrappage scheme could be set to boost the automotive retail sector with incentives of up to £6,000 to switch into an electric vehicle (EV), it has been claimed.
Inchcape has appeared in a list of 53 businesses which have borrowed millions of pounds from the Bank of England under the Government’s Coronavirus Large Business Interruption Loan Scheme (CLBILS).
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’.
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.
The UK Government is on the hunt for a sprawling industrial site to accommodate a Tesla electric vehicle (EV) “Gigafactory”, according to reports this week.
