Used car dealers are avoiding high value used cars for stock and only buying such vehicles to order, according to Aston Barclay.
Speculation is growing that the UK could ease back on plans for an all-out ban on the sales of new petrol and diesel cars from 2035 after the EU drafted legislation to allow vehicles powered by e-fuels.
The number of car buyers who have bought a used car without seeing it first has doubled since the Coronavirus pandemic.
Used car buyers looking for an electric vehicle (EV) are prepared to wait up to 12 months for further price drops, according to new research.
LSH Auto UK has added the Chinese BYD electric vehicle (EV) franchise into its flagship Mercedes-Benz premium car dealership in Stockport.
SsangYong Motor Company has indicated that a name change to KG Mobility indicates a “paradigm shift” in the business which will bring a greater focus on electric vehicles (EV), autonomous cars and artificial intelligence (AI).
The number of people planning to buy their next car entirely online has fallen to just 4% in recent weeks, as buying habits shift back towards the traditional showroom model.
Car retailers have been advised to act now to formulate long-term energy and business strategies after the UK energy crisis left operating expenses and employees stretched to "breaking point".
Competitive pricing will help drive demand for emerging Chinese electric vehicle (EV) brands when they reach UK auctions as used cars, according to Aston Barclay.
Dealers plan to cut back on staff training, headcount and social media spending as the cost-of-living crisis continues to harm businesses.
Used car price growth accelerated to 2.3% year-on-year in a market that Auto Trader has asserted is in “robust health”.
Used electric vehicle (EV) values have continued to decline as falling values dent dealer confidence but boost affordability for car buyers looking to make the zero emissions transition, Cap HPI has said.
Just 17.7% of potential electric vehicle (EV) buyers would consider owning a zero-emissions car if they couldn’t charge it at home, according to a new study.
The Society of Motor Manufacturers and Traders has laid out its blueprint for the UK to become one of the world’s most competitive locations for advanced automotive manufacturing in the electric vehicle (EV) age.
Wholesale van sales volumes grew 6% year-on-year as Cox Automotive experienced a supercharged start for its light commercial vehicle (LCV) remarketing operations in the first two months of 2023.
Chinese electric vehicle (EV) brand BYD has revealed that it is planning to establish a UK retail network of 100 dealerships by the end of 2025.
The Finance and Leasing Association has forecast a 6% decline in the value of the UK car finance sector in 2023 – with used car finance falling by 12%.
Research has shown that dealers worked hard to convert enquiries in February and saw a 3.4% increase in the number of test drives. However, sales fell by 7% and handovers by 27%.
Mercedes-Benz customers travel further to showrooms than any other car buyers, as consumers increasingly look to purchase locally, research has found.
eBay Motors Group has said that dealers may have to "work their marketing harder" to reach car buyers earlier and maintain leads until potential customers are ready to buy.
