Car dealers should be braced for “a third, successive dismal new plate month” in March after COVID-19 ‘Lockdown 3’ delivered another 35.5% decline to the UK’s new car registrations in February.
Chancellor of the Exchequer Rishi Sunak has pledged to continue to support businesses and jobs in a “fair and honest” 2021 Budget, but corporation tax rises are on the horizon.
A What Car? survey of 2,359 in-market car buyers has found that 59% are now poised to purchase on April 12 following Prime Minister Boris Johnson’s announcement on the re-opening of retail after COVID-19 ‘Lockdown 3’.
Car retail group bosses from Cambria, JCB Group and Arbury Group were among those hoping that news of showrooms re-openings on April 12 will be the start of a prolonged bounce-back from COVID-19 ‘Lockdown 3’.
The National Franchised Dealers Association (NFDA) has received confirmation that car buyers in Scotland can now complete their purchase with a scheduled click and collect handover inside a dealership's showroom.
The National Franchised Dealers Association (NFDA) has called on Government to redeploy business support measures for retailers ahead of the 2021 Budget.
Measures to encourage car buyers to opt for electric models ahead of the Government’s planned 2030 ban on the sale of new petrol and diesel cars are expected to be introduced ahead of the cut-off date.
The UK Government has confirmed that it is reinstating the VAT margin scheme for cars imported and resold by car retailers in Northern Ireland – avoiding pressure on dealer margins and price increases for customers.
Car retailers could be among a range of businesses whose click and collect sales capability is banned under tighter COVID-19 lockdown measures being considered by Government, it has been claimed.
Brexit and COVID-19 have combined to a create a variety of challenges for car dealers attempting to manage their workforce over the past ten months.
Customers’ response to the latest COVID-19 lockdown measures in England and Scotland will be key to the automotive retail sector’s success in delivering click and collect car sales in the coming months.
Click and collect services will once again top car retailers’ sales agenda after Prime Minister Boris Johnson confirmed that England would be follow Scotland into a new national lockdown last night.
Car retailers impacted by the new ‘Tier 4’ COVID-19 lockdown restrictions imposed in the South East were among those who told BDO that the incoming vaccine will deliver a “sharp recovery” from the pandemic.
Hyundai has become the latest manufacturer to reveal vehicle pricing plans ahead of a potential ‘no deal’ Brexit.
Major investment from the private sector in high-voltage infrastructure will be crucial in enabling the Government to meet its 2050 net zero ambitions, according to Vattenfall Network Solutions
Dealers and their customers have been urged to lobby all their MPs and fight against the UK Government’s desire for an exclusively electric car market from 2035.
The Government’s decision to bring forward the ban on the sale of new internal combustion engine (ICE) cars to 2030 resulted in a spike in engagement of electric vehicles (EVs) on AutoTrader’s marketplace.
Car retailers have just over a week to prepare for showroom reopening after Prime Minister Boris Johnson announced a December 2 end to ‘Lockdown 2’ – and the return to a three-tier system.
Business leaders from AM100 franchised car retailers Sytner, Lookers, TrustFord have joined the NFDA in lobbying Northern Ireland MPs on a Brexit tax issue which could result in a 20% price hike for used cars.
Electric vehicle (EV) enquiries soared by 500% after this week’s UK Government announcement that it plans to ban the sale of cars and vans powered wholly by petrol or diesel engines in 2030.
