Inchcape has generated £76m with the disposal of six Volkswagen, BMW, Mini and Jaguar Land Rover (JLR) retail sites in Australia.
More than half of used car retailers reported that they had achieved the same or improved margins during August, according to a Cox Automotive Dealer Sentiment Survey.
Online car sales will number over a million across the globe in 2020 as rapid growth drives a further six-fold growth by 2025, according to research conducted by Frost & Sullivan.
Franchised car retailers have a role to play in disproving the challenges of electric vehicle (EV) adoption if consumers are to wholeheartedly adopt new AFV technology, writes Mike Morris, chief executive of Nexus Infrastructure and its subsidiary eSmart Networks.
Consumers looking to buy a 69-plate electric vehicle (EV) in September could be scuppered by a shortage of vehicles entering the market – leading to greater demand for used EVs.
Kia Motors UK managing director Paul Philpott has said that the brand can achieve 120,000 vehicle sales after projecting a record 97,000 sales for the brand in 2019.
Honda emerged as the National Franchised Dealers Association’s (NFDA) most improved franchised in the Summer 2019 Dealer Attitude Survey amid the roll-out of its ambitious network restructure.
Jaguar Land Rover (JLR) is scaling back its Dual Arch dealer network upgrades after pushback from retailers over the level of investment required.
Car buyers are two-and-a-half times as likely to purchase a car of they have been introduced to a car dealerships manager during their visit to a showroom, JudgeService has revealed.
The point of sale (POS) car finance market posted year-on-year declines of 3% by volume and 2% by value across both new and used car sectors during June, according to the Finance and Leasing Association (FLA).
Franchised car retailers benefited from a 5% rise in the volume of vehicles presented at their dealerships for maintenance, according to vehicle health check provider autoVHC.
MPs who suggested that climate change targets require many UK motorists to ‘ditch the car’ completely by 2050 have questioned the commitment of car manufacturers and dealers to the promotion of alternative fuel vehicles (AFVs).
Only a quarter of car buyers visit a car retailer’s website when researching their next new car purchase, according to a study carried out by CitNOW.
The importance of the car for everyday mobility has been highlighted by a survey in which 79% of motorists claimed that owning a vehicle was “essential for everyday life”.
The 10 car manufacturers offering the biggest discounts to buyers accounted for almost half of the UK’s registrations during the first half of 2019, according to What Car?.
The Mercedes-Benz A Class hatchback disrupted the recent dominance of SUVs in Indicata’s monthly fastest-selling cars rankings during July.
Nissan has claimed that the emergence of 1,000 more electric vehicle (EV) charge points than filling station forecourts in the UK as “a tipping point” in the shift to alternative fuel vehicles (AFVs).
The average asking price of a used car advertised via Auto Trader rose by 2.76% during July but the online marketplace said that the rate of value growth had declined for the first time since August 2012.
Car buyers will demand greater flexibility from their car finance agreements in the event of a hard Brexit, according to Startline Motor Finance.
Conversion rates are expected to increase at the UK’s car auctions during August as the number of used cars entering the market struggles to meet the demand from car dealers.
