Consumer research released from CarGuide has revealed that Covid-19 has stopped almost a third of UK drivers (32%) from changing their car in 2020.
The London Electric Vehicle Company (LEVC) has officially added its fully-electric VN5 van to its product line-up - giving its franchised retail network increased sales opportunities.
The National Franchised Dealers Association (NFDA) has urged car dealers across the UK to ensure all staff comply with Government’s new face masks rules for retail sector staff.
Car retailers across the UK will be donning face masks after Prime Minister Boris Johnson announced more stringent measures to keep the COVID-19 infection rate in check this lunch time.
A survey from Rivervale Leasing has found that 63% of drivers do not trust their infotainment system, despite using them almost daily.
The Finance and Leasing Association (FLA) has urged Government to not ‘prematurely end’ its COVID-19 finance support for UK business in a co-signed letter to Chancellor of the Exchequer Rishi Sunak.
The Financial Conduct Authority (FCA) has identified £3.7 billion in potential car and home insurance sector reforms being considered as part of a new consultation.
Volkswagen retailers introduced customers to the first batch of the German brand’s ID.3 electric vehicle (EV) to reach UK dealerships at a nationwide handover event over the weekend.
The UK’s automotive sector registered the fastest output growth of all sectors in August as it showed signs of strong recovery from the nation’s full COVID-19 lockdown earlier this year.
Just 35% of franchised car retailers have returned all their employees to into their dealership businesses in time for the crucial September 70-plate sales period, according to the NFDA.
Auto Trader has reported a 19th straight week of used car price rises with a 7.4% mid-September increase in the average advertised value on a vehicle offered on its online marketing platform.
Strong demand for newly-launched 70-plate models in September will make this a profitable quarter for car dealers across the UK, Motorvise’s Fraser Brown has insisted.
Britain’s car parc is older than ever before, despite the boom in electric vehicles (EV) and hybrids, according to data compiled by Retro Motor.
A survey from Auto Trader has found that 70% of drivers would prefer to lease an electric vehicle (EV) for a two to three year period, before buying it outright.
The HMRC has updated its guidance on how to perform usual hours calculations where employees come off furlough partway through a claim period.
The Finance and Leasing Association (FLA) is set to make submissions urging Government to extend its COVID-19 business lending and introduce tax incentives to boost the adoption of alternative fuel vehicles (AFV).
Insurers will have to pay out claims on business interruption insurance policies amounting to hundreds of millions of pounds after a High Court ruling this week.
Sales in the used car retail sector showed signs of “cooling off” according to a market report which revealed declining in activity during August – with retail sales down 3.3% year-on-year.
Polestar chief executive Thomas Ingenlath has conceded that ‘Life Cycle Assessment’ data on the environmental impact of electric vehicles (EV) can make for “uncomfortable reading”.
After seven months in which car retailers and manufacturers have shifted their retail focus and driven forward with new digital solutions in the face of COVID-19, the changes have to keep coming.
