The Peugeot 2008 is currently the UK’s fastest selling used car, according to Auto Trader, as demand for SUVs grew by more than 40% since forecourts re-opened.
Soaring demand for vans after COVID-19 triggered a home delivery shopping culture across the UK triggered a 20.8% rise in used values during Q2, according to Aston Barclay.
Ford has taken a £650 million loan to boost its investment into the development of electrification and smart mobility solutions in the UK – with the help of a £500m Government loan guarantee.
Used car specialist Parkhills Car Centre has become the latest addition to the Ssangyong Motors UK’s franchised car retail network – adding a dealership in Bury.
Car warranty sales for the last six weeks were 21.4% up by volume on the same period in 2019 within the RAC Dealer Network, new figures show.
Retail ready used car stock is in “high demand” among car retailers seeking ways to speed-up their business’ COVID-19 recovery by taking advantage of a post-lockdown surge in demand.
Disused or unwanted automotive sites are being targeted for the development of 60 or more retirement communities across the UK in an ambitious £100 million land acquisition drive.
CarGurus has released its latest COVID-19 Sentiment Study, revealing the continued impact of the pandemic on the concerns, habits and hopes of UK car buyers.
Low Cost Vans has unveiled the launch of its first ever television advertising campaign through Sky Media’s SME Support Scheme.
Car body shops in Scotland are continuing to appeal for the same COVID-19 business rates relief as their retail counterparts across the country.
The COVID-19 pandemic has brought about a reduction in global emissions as the economy slowed and vehicles were kept off the roads during lockdown.
Auto Trader predicts that used car values will continue to grow, while consumer demand continues to outstrip supply.
Toyota has said that its UK car dealers’ existing signage will “remain in place” after it unveiled a new logo and branding that attempts to signal its transition into becoming a mobility company.
Aston Barclay has said that a surge in demand for used cars stock has seen value rise to its records highest ever level for a Q2 period – with older cars and diesel vehicles leading the way.
The UK's automotive retail sector remains ‘desperate for more certainty’ on COVID-19 legislation and Government’s guidelines on face coverings, according to the NFDA.
COVID-19 social distancing measures are putting dealers at a higher risk of fraud in the part-exchange process, according to Cap HPI.
Employers can exercise “more discretion” over their employees return to work as part of a conditional schedule for the further easing of COVID-19 lockdown restrictions in England.
The August Issue of AM magazine is available here as a digital magazine, with insights into Volkswagen, industry digitalisation and the electric cars reaching the UK market.
COVID-19 and the EU’s new RDE CO2 emission regulations were cited as the “key events” which resulted in a 5.4% decline in revenues in the car retail group’s 2020 annual financial results.
heycar has partnered up with SilverBullet to boost its online car sales capabilities amid a rising customer appetite for digital purchasing.
