The key number plate change month of March will be pivotal in car retailers’ efforts to achieve profitability in 2020, according to sector analyst ASE.
The average price of a new electric vehicle (EV) has risen by 13% since 2013, according to a study of the market’s most popular models conducted by automotive data specialist Cap HPI.
The Society of Motor Manufacturers and Traders (SMMT) has called on the Government to remove VAT from electric vehicles to boost sales after the UK’s new car sales volumes declined 2.9% in February.
Ford of Britain will with TrustFord's leadership team to consider the brand’s high street retail strategy in light of experience gathered at its store in Next’s Manchester Arndale Centre outlet.
Research by MotoNovo Finance has revealed that digital platforms are proving an essential link in the retail chain for used car buyers.
The new car market will decline 1.5% by volume in 2020 as consumer confidence and vehicle emissions regulation continue to play key roles, Cazana’s latest market update has predicted.
Vehicle CO2 emissions rose for a third consecutive year across Europe as the pace of electric vehicle (EV) adoption failed to counteract the impact of falling diesel sales and the rise of SUVs.
Vertu Motors chief executive Robert Forrester suggested that the AM100 PLC will growth through the strong “pipeline of potential acquisition opportunities” in a trading update from the AM100 PLC.
Car retailers could better exploit a “concerning” trend which has seen over 11 million motorists driving illegally with a lapsed MOT certificate by highlighting the potential risks and penalties.
Car retailers across the UK were embracing the direct customer contact delivered by March’s 20-plate new car handovers as coronavirus rendered Geneva’s model showcases online affairs.
Toyota Fleet Mobility (TFM) is set to re-brand Inchcape Fleet Solutions (IFS) under its Kinto personal mobility brand as its looks to “transition from being a car manufacturer to a mobility company”.
The latest results from the NextGear Capital survey have revealed that dealers are combining instinct with valuation tools to identify the best stock.
Car manufacturers are turning to online sales in China a bid to mitigate the impact of coronavirus following a 92% decline in business during the first half of February.
The Geneva Motor Show 2020 has been cancelled due to the coronavirus outbreak – marking a dramatic u-turn by event organisers.
Car retailers’ efforts to acquire affordable used cars for their forecourts have driven the sector’s vehicles to their highest February value growth since 2012, according to Cap HPI.
Organsers of the Geneva Motor Show 2020 have confirmed that the annual automotive showcase event will go ahead despite the outbreak of coronavirus in key car manufacturing nations across the globe.
Ford retailers whose new car sales businesses have been put at risk by the manufacturer’s plan to close almost half of its 400 UK dealerships by 2025 are demanding changes to their aftersales contracts.
Inchcape reported a 1.3% increase in turnover and a 256% increase in its profit before tax in its full-year financial results for 2019.
Car production slumped to a nine-year January low in the UK despite a 4.1% year-on-year rise in exports volumes, the Society of Motor Manufacturers and Traders (SMMT) has reported.
Ford will close almost half of its 400 UK franchised car retail sites as part of a ‘Ford 2025 dealer plan’ revealed to its investor partners at a conference today (February 26).
