Used car supermarkets cut the price of their cars to trigger a 0.3% month-on-month decline in vehicle values on eBay Motors Group marketing portals during February.
Lexus pulled clear of the chasing pack to emerge as UK franchised car dealers’ number one retail partner for a sixth consecutive time in the NFDA Dealer Attitude Survey winter 2021/2022.
Suzuki GB boss Dale Wyatt has told the brand’s UK car retailers that the brand has become “VUCA ninjas” in webinar outlining supply constraints for the year ahead.
Hyundai Kia and Ford have followed Stellantis in spelling out new strategies that will accelerate the development of electric vehicles (EV).
A shortage of MOT testers could lead to longer waiting times for tests in April, according to the IMI.
Many car dealers are still “missing out on the full potential of digital retailing” according to a joint report created by Auto Trader, ICDP and the National Franchised Dealers Association (NFDA).
February’s new car registrations remained 25.9% down on pre-pandemic 2020 as Russia’s invasion of the Ukraine created increasing doubt about a volume recovery for car retailers.
Tesla finished bottom of a Which? survey of electric vehicle (EV) owners to determine the most and least reliable zero-emission cars on the market.
The new 22 plate released on March 1 may attract an ‘all-time low of new registrations’ in what has been a traditional peak quarter, warns MotorVise.
Long-lasting automotive supply chain impacts look set to be triggered by Russia’s invasion of the Ukraine as Jaguar Land Rover (JLR), Skoda, Stellantis and VW felt the conflict's impact.
BCA has suggested that high used car valuations could prove a “safety net” for car retailers as Russia’s invasion of the Ukraine compound cost of living concerns to impact consumer confidence.
Stellantis chief executive Carlos Tavares has said that the 14-brand OEM giant is targeting ‘industry champion’ status with its new emissions-cutting Dare Forwards 2030 strategy.
Car dealers have told AM that a new-look plate-change period which goes without the traditional March car sales mayhem and eases the year’s trading peaks and troughs is “good news” for the sector.
MG Motor UK has told its franchised car retailers to stop taking orders for new petrol vehicles after “unprecedented demand” saw it fill its 2022 sales quota by the end of February.
‘Crude’ top-line analysis of the UK’s electric vehicle (EV) charging infrastructure is masking the reality of the core issues and pressing priorities, according to Cox Automotive.
Inchcape PLC’s global footprint will mitigate the impact of a £750 million exposure to the Russian automotive sector, analysts have said.
A 0.9% reduction in used car prices this February has been branded a “blip” by Indicata.
Arnold Clark chief executive Eddie Hawthorne has told AM that the Scottish automotive retail giant expects to sever ties with more franchises after its exit from Ford and Toyota this month.
Automotive distribution and car retail PLC Inchcape has reported a 12% rise in turnover and 131% in pre-tax profits in its 2021 annual financial results.
Aston Martin has reported a 79% uplift in revenues and a near-halving of its pre-tax losses ahead of the arrival of the world’s most powerful SUV and a new V12 Vantage coupe to its model line-up.
