Hyundai Motor UK chief executive Tony Whitehorn has warned that the automotive sector must adopt a blended and flexible approach to adapt to the changing retail environment.
Used car values fell by 5.4% at auction during September according to the National Association of Motor Auctions.
BDO’s eighth motor salary survey has revealed that the average car retail employee’s annual remuneration package has increased from £40,000 to £41,000 in 2018.
Car retailers have been warned not to breach the Financial Conduct Authority’s new Insurance Distribution Directive, which demands increased staff training in a bid to enhance consumer protection.
A cross-party group of 42 Parliamentarians have called upon the Chancellor of the Exchequer, Phillip Hammond, to use this upcoming budget to stimulate the uptake of electric vehicles (EVs).
Investment in a hub and spoke car retail model will help to ensure that franchised dealers “thrive and have many years of longevity”, according to a new sector report published by Colliers International.
Used LCV values rose to their second highest level in the history of BCA’s Pulse Report during September – with a month-on-month price rise of 5.4%.
The Mercedes-Benz GLA Class emerged as the top performer in Auto Trader's monthly fastest-selling used car rankings for the first time in September – taking an average of 15 days to leave dealer forecourts.
A ‘no deal’ Brexit will see car registrations volumes slip back top levels last seen in the 2009 recession, algorithms created by Frost & Sullivan have determined.
A cross-party group of MPs have demanded that Government imposes an outright ban on the sale of all petrol and diesel vehicles by 2032 in a bid "fast track" adoption of electric vehicles (EVs).
Average prices of cars reached a new record high in quarter three, according to Autorola’s latest used market report.
Car dealers can improve customer satisfaction by providing online part-exchange prices and simplifying the administration process at point of sale.
Peoples' chairman Brian Gilda has warned of Brexit “Armageddon” for the UK’s automotive sector after the Scottish retail group negotiated “fierce competition and diminishing volumes” to realise a £274.4 million turnover.
As wider consumer trends and preferences change, successful companies such as Netflix and Spotify provide evidence of a growing move towards ‘subscription’ services.
New car registration data released by the Society of Motor Manufacturers and Traders (SMMT) for September saw a quantum shift from the August return that saw such an uplift in registrations.
Cuts to the Government’s ULEV plug-in car grants have been attacked as “short-sighted” and “frankly bonkers” by industry experts left questioning the move amid a drive to cut emissions by encouraging EV adoption.
Auto Trader has reported that the average price of a used car offered for sales on a dealer forecourt reached a record high of £12,853 during September.
Cox Automotive and Grant Thornton have delivered analysis of diesel car sales, vehicle ownership trends and continued retailer consolidation ahead of Brexit after teaming-up to produce an automotive sector Insight Report.
BCA has delivered further evidence of the soaring value of used vehicle stock for car dealers during September as average prices reached the highest level the remarketing specialist has ever recorded.
Marshall Motor Holdings has expressed its aim of focusing on its “strong balance sheet” in a trading update issued in response to the introduction of the new Worldwide Harmonised Light Vehicle Test Procedure (WLTP).
