Consumer confidence among in-market car buyers is three times higher than during the UK’s first COVID-19 coronavirus lockdown during H1 2020, a What Car? survey has found.
The emergence of the more virulent strain of COVID-19 coronavirus and renewed lockdown restrictions made the average car retailers’ bid to match their 2019 profits “unachievable” last year.
Auto Trader has once again renewed its call for car retailers to “hold firm with their prices” amid optimism that pricing will remain strong in Q1 – despite the showroom closures of COVID-19 ‘Lockdown 3’
Used electric vehicles (EV) appear to have fallen out of favour with car buyers struggling to justify their cost in comparison to petrol and diesel alternatives, according to Autorola.
Brexit and COVID-19 have combined to a create a variety of challenges for car dealers attempting to manage their workforce over the past ten months.
The UK’s franchised car retailers have been praised for their ability to adapt and meet the challenges of COVID-19 pandemic after the SMMT reported a 29.4% decline in new car registrations during 2020.
Auto Trader has announced that it will axe car dealers advertising package fees for February following the announcement of renewed COVID-19 lockdown measures across the UK.
Dealers across the UK saw orders for new vehicles increase by 9.5% in December, against the same month in 2019, data from Dealerweb has found.
Customers’ response to the latest COVID-19 lockdown measures in England and Scotland will be key to the automotive retail sector’s success in delivering click and collect car sales in the coming months.
Shareholders from Groupe PSA and Fiat Chrysler Automobiles (FCA) have voted in favour of the car manufacturer’s merger as OEM super group Stellantis.
Click and collect services will once again top car retailers’ sales agenda after Prime Minister Boris Johnson confirmed that England would be follow Scotland into a new national lockdown last night.
Prime Minister Boris Johnson will address the nation tonight to set out further measures to combat the resurgence in COVID-19 coronavirus – hours before Scotland returns to a state of lockdown.
That a trade deal has been at been agreed at the last minute between the UK and EU comes as a huge relief for manufacturing sectors like automotive
Motor retail leaders discuss the merits of an agency sales model following Capgemini's report which found it's an inevitable evolution for franchised dealers
Analysis of the UK's new car market of 2020 up to the end of November
Donnelly Group has revealed a £2.66m pre-tax loss in its annual accounts for 2019 but stated that a rationalisation review of the car retail business had now liberated £8m in annual savings.
Arnold Clark has set aside its car sales priorities with the opening of a £5 million Alternative Fuel Vehicle (AFV) Innovation Centre which aims to educate motorists on the benefits of EVs.
Society of Motor Manufacturers and Traders (SMMT) chief executive Mike Hawes has said he fears a “New Year nightmare” for UK car manufacturers if the UK Government and EU fail to reach a trade agreement.
As PCPs continue to dominate in the marketplace, OEM's new car finance offers for Q4 2020 are examined
AM surveyed UK dealers during lockdown 2 to identify its potential impact on their motor retail businesses
