Driverama has started selling used cars online in Germany, a year after it established a car buying service in the region.
Car buyers are more likely to recommend dealers that offer add-ons than those that do not, according to a new study by JudgeService.
Stellantis has revealed that it exceeded profitability targets in 2021 despite a 20% decline in new vehicle production triggered by the shortage of semiconductor microchips.
Ford and Peugeot retailer Busseys will close two of its franchised dealerships as it works to adapt to the “huge changes” impacting the automotive retail sector.
Market analysts have predicted that Porsche could be valued at in excess of £75 billion ahead of a public offering which aims to unlock value from the performance car brand.
Volkswagen has removed all but one versions of its ID3 electric car, in order to shorten lead times amid the semiconductor supply shortage.
The Motor Ombudsman’s Knowledge Base online resource has achieved one million views since launching in January 2019.
Record UK inflation was accompanied by a further 29% year-on-year rise in used car values during January, according to data published by Auto Trader.
Constellation’s car retail rise, OEM’s agency model strategies and vehicle supply shortages were among the hot automotive retail topics up for discussion in the new AM News Show Podcast.
Used car dealers are focusing on sub-£15,000 models from mainstream brands this month, following a period of high demand for premium-badged cars.
A 127% surge in vehicle test drives during January suggests that demand remains buoyant and car buyers are “willing to wait for what they want”, according to iTrackLEADS.
New terms on buy-now-pay-later (BNPL) finance products introduced by the Financial Conduct Authority (FCA) have resulted in late payment fees being refunded to customers.
The consumer car finance market grew 2% by volume and 13% by value in December to complete a 2021 “rebound” despite the headwinds of COVID-19 and vehicle supply shortages.
Could Constellation Automotive's move into the franchised car retail sector be a 'catalyst' for the sector's accelerated shift to agency retail models?
Used car retailers rallied against three months of COVID-enforced dealership closures and vehicle supply shortages to deliver annual sales up 11.5% year-on-year in 2021.
Used car buyers have been told they must “get used to a significantly older profile of vehicle” as supply shortages look set to continue into 2023.
Putting people first holds the key to success with the car retail agency model.
Offering car buyers the ability to buy a car in minutes online is expected to be one of six key trends dealers must embrace in 2022.
More than one-in-five nearly new used cars advertised via Auto Trader are now priced above their brand-new equivalents after a further 31.3% year-on-year rise in values during January.
Audi, Hyundai, Peugeot and Toyota were among the best new car registrations performers as Kia accelerated its sales to finish the first month of 2022 as the UK's best-selling brand.
