Demand for used diesel cars drove prices to record hights during the first quarter of 2021, according to Autorola.
Automotive finance provider White Clarke Group has been acquired by US-based IDS to form a single entity claiming to serve a $7 trillion secured finance end market.
The National Franchised Dealers Association (NFDA) and Society of Motor Manufacturers and Traders (SMMT) have teamed-up to publish assets and advice to help car retailers re-open safely after COVID-19 ‘Lockdown 3’.
As the nationwide lockdown is lifted, restrictions are eased, and the auto retail landscape begins its slow climb back to a more normal state, dealers will be challenged with how to turn stock faster and more efficiently.
Waylands has followed-up its recent expansion with Kia with an appointment to represent the Volvo Car UK franchise from a newly-built showroom in Bristol.
Car retail’s impressive response to the COVID-19 pandemic, the impending reopening of car showrooms after ‘Lockdown 3’ and the “Cazoo effect” have triggered rallying share prices for the sector’s PLCs.
A positive retailer experience is the biggest accelerator to purchase for van buyers, according to the latest Auto Trader Van Buyer report.
The Finance and Leasing Association (FLA) has said it expects a “strong rebound” in the automotive finance sector after car showrooms emerge from COVID-19 ‘Lockdown 3’ on Monday.
Car retail's agency model may not suit the sector's agencies, according to professor Jim Saker.
British sports car maker Caterham Cars has been acquired by Japanese importer and franchised car retail group VT holdings.
Quest Motor Group will close the doors to its Citroen, Suzuki and Vauxhall multi-brand car dealership in Maldon to bring an end to 100 years of operations in the Essex town.
Almost half a million car owners are planning to sell their cars and rent vehicles instead, according to new research.
Auto Trader has said it expects the UK’s car retail sector to deliver a “fast return to health” after seeing a 12th consecutive month of rising used car prices and record online engagement from buyers in March.
UK new car sales in March 2021 were up on 2020 despite showrooms remaining closed by the coronavirus lockdowns.
Dealers have recorded their best speed of sale yet in 2021, with average used car days in stock dropping to 45.6 days from 49.5 days in both January and February, according to eBay Motors Group data.
Scottish car retailers have been told that they can resume unaccompanied test drive provision to boost their retail recovery from April 5.
Fownhope Mitsubishi has made the switch to SsangYong Motors UK for new car sales with the opening of a new franchised car dealership in Hereford.
Used car values have reached a “tipping point” with prices rising for the first time in five months as an easing of COVID-19 ‘Lockdown 3’ retail restrictions draw nearer, says Cap HPI.
A quarter of UK drivers plan to buy a hybrid powered car next, according to new research from Close Brothers.
Women feel ‘apprehensive’ about the used car buying experience and do not ‘feel comfortable’ shopping for a used car alone, according to a recent survey by CarShop.
