Almost half (49%) of UK motorists expect to buy an electric vehicle (EV) in the next decade, according to a new study by Lloyds Banking Group.
Devonshire Motors has completed a double with the addition of Hyundai Motor UK and Isuzu UK franchises to its award-winning car retail operation in Barnstaple, Devon.
Two thirds of motorists have shown a ‘lack of confidence’ in the UK meeting the Government’s ban on the sale of new petrol and diesel vehicles by 2030.
CarSupermarket and Motordepot owner Aramis Group is hoping to raise as much as £481m through an initial public offering (IPO) at as its targets “profitable growth” – including dealership acquisitions.
Genesis Motor Europe has partnered with retail brand experience specialist Stellar to help create its Westfield London studio and is set to make its debut at the Goodwood Festival of Speed 2021.
The Finance and Leasing Association (FLA) has said that the consumer car finance market is expected to grow by 19% in 2021 and 22% in 22% following resurgent April trading.
A ‘record’ 73 million visits on Auto Trader in May was accompanied by an 8.1% year-on-year (YoY) increase in the average price of a used car.
Aston Barclay has ranked the UK’s 25 most desirable used cars to showcase the capabilities of its new desirability index.
Soaring wholesale used car prices are “not recoverable” through retail price rises, creating an environment of ever-shrinking margins.
Used car prices have risen by 6.7% during May as “amazingly strong” demand resulted in “unprecedented times” for the sector.
Volkswagen’s new ID.4 became the first SUV to top Europe’s electric vehicle (EV) sales rankings as it topped the charts for April, Jato Dynamics has reported.
UK’s car manufacturing recovery remained “challenging” after a surge in April production still left the sector's output 15% down on the first four months of 2019, the SMMT has said.
Car buyers returning to the market following a series of COVID-19 lockdowns have told What Car? that they trust franchised car retailers more than their competitors – including new online disruptors.
Swansway Group expects its electric vehicle (EV) sales to soar by 150% in 2021 as the range of available models broadens and becomes affordable.
Car retail valuations and insight specialist Cazana has rolled-out a rebranded logo and new website as part of its drive towards “global expansion”.
Marshall Motor Group will develop a new dual-franchise Jaguar Land Rover dealership for Cheltenham and Gloucester after acquiring the franchise from Heritage Automotive.
Carzam is poised to launch an online used car buying platform as retailers seek solutions to the stock shortage issues that are causing vehicle values to soar.
Used car price growth has accelerated significantly, according to Auto Trader, following the reopening of showrooms last month.
Cinch has attracted £1 billion in new investment to continue its push to online car retail growth alongside the likes of start-up rivals Cazoo and Carzam.
Mercedes-Benz has confirmed that it is considering the sale of its London-centric, nine-dealership Mercedes-Benz Retail Group car retail operation in the UK.
