Used car dealers are buying cheaper used cars at physical auctions as they search for ways to avoid the impact of limited vehicle supplies and soaring values, according to Shoreham Vehicle Auctions (SVA).
Volkswagen has said that its takeover offer made for international vehicle rental giant Europcar has been approved by France’s market regulator.
Almost half of in-market car buyers expect to make a purchase before the end o the year, according to research from What Car?.
The HMRC has clarified the terms of post-Brexit tax arrangements for car retailers operating in Northern Ireland after changes to the margin scheme created a “hidden trap”.
Suzuki GB’s decision to import cars left incomplete due to the shortage of semiconductor microchips is set to give dealers access to 4,000 vehicles they would not otherwise have had.
Blue Mondays should not be a feature of the car retail sector according to BuyaCar data which suggests the start of the week is the peak period for customer enquiries.
Demand for electric vehicles (EV) grew by 87% quarter-on-quarter during Q3 as the UK leasing market demonstrated an appetite for a “rapid transition” to net zero emissions, Leasing.com has said.
The UK’s used car price rises are the highest in Europe, according to new data published by Indicata.
The average UK car retailer saw their monthly profit soar by 189.7% year-on-year in what the SMMT had described as a “desperately disappointing September”, according to ASE.
Automotive Management (AM) and BDO will reveal the official countdown of the 2021 AM100 car dealer rankings and deliver in-depth insight in a free-to-view webinar.
An 80th consecutive week of increasing used car values and the highest level of UK inflation for a decade is unlikely to temper consumers’ appetite to buy a new vehicle, Auto Trader has said.
Mercedes-Benz Retail Group has continued to sell-off its UK car retail sites with the sale of its Epsom dealership to Sandown Motors.
Used car dealers are still under-pricing up to 60% of their forecourt stock, according to data published by Real Time Communications (RTC).
DMN Logistics has revealed lessons learned as growing rates of electric vehicle (EV) adoption result in a new whitepaper laying out its priorities for UK-wide deliveries.
Sytner Group has officially begun trading from Ferrari’s first new franchise point for 15 years ahead of the opening of a new Glasgow showroom in Q1 next year.
Car retailers could be compelled to turn out the showroom lights and accelerate decarbonisation as energy price rises start to impact margins, AM has been told.
Used car values remained at their second highest level ever in a “frenzied” 2021 market at BCA’s auction in October, despite showing signs of “easing back” in the month’s latter stages.
HR Owen will be the retail provider for a new limited-run Lotus Type 62-2 after reuniting with luxury coachbuilder Radford as its official dealer partner.
Paragon Motor Finance (PMF) has commenced lending on EVs with a new package that’s designed to incentivise consumers to move away from ICE vehicles.
National Franchised Dealers Association (NFDA) concerns about the impact of the agency model and OEMs’ direct sales on the car retail sector have been laid bare in consultation documents published this week.
