Aston Martin’s debut SUV – the St Athan-built DBX – will double sales volumes for the iconic sports car brand’s UK franchised dealers, according to Cambria Automobiles chief executive Mark Lavery.
Over a third of car retailers (34%) believe that half of the new cars sold in the UK will fall into the Government’s ultra-low emission vehicle category by 2030.
Intelligent Car Leasing claims to have launched the market’s first broker-provided car subscription service in partnership with the Wagonex car subscription marketplace platform.
Small SUVs dominated October’s fastest selling used car rankings as the Audi Q3 led the pack, according to data published by Indicata.
Mazda’s new CX-30, Mercedes-Benz GLB Class and Ford Explorer were all awarded five-star overall safety ratings as the new Vauxhall Corsa fell short in the latest round of Euro NCAP crash tests.
Research conducted among 2,000 motorists has shown that 90% of car buyers are more likely to make a purchase when if presented with accurate vehicle service history documentation, revealed HPI.
James Bond’s favourite carmaker Aston Martin Lagonda last week recorded a £13m loss for the last quarter, pointing to tough trading conditions in the UK and Europe along with disappointing sales of its Vantage two-seater sports car.
Auto Trader has said that the Renault Zoe’s dominance of its fastest selling used car rankings for November demonstrates car buyers’ growing appetite for electric vehicles (EV).
October has been a volatile month politically and economically with warnings around future investment in the UK and the viability of running certain business types amid major UK business failures in the retail sector.
The latest car dealer profitability analysis from ASE has revealed that the average retailer experienced a £3,000 year-on-year increase in profits during September.
The consumer car finance market achieved year-on-year growth of just 4% by volume and 7% by value during September – despite last year’s WLTP-impacted decline.
Substantial franchised car retail network reductions and restructuring is required if operators are to benefit from a significant increase in the profitability of operators, according to a new report published by the ICDP.
New car sales declined by 6.7% during October as consumer confidence dipped to its lowest level for six years as talk of a December General Election grew in volume as another Brexit deadline loomed.
The volume of customer enquiries made to UK dealerships rose by 20% year-on-year during Q3 of 2019, according to new data published by Marketing Delivery.
Volkswagen and Tesla were among the European new car market’s biggest market share winners as registrations in the region rose by 14% during September, Jato Dynamics has reported.
The National Franchised Dealers Association (NFDA) Consumer Attitude Survey has revealed evidence of consumers increased interest in car dealership visits despite warnings that buyers intention is failing.
The average dealer staff pay package, excluding management positions, fell by 3% to £40,000, according to the latest figures from the BDO Motor Salary Survey.
Franchised car retail groups are choosing to exit the UK fleet sector as their leasing divisions attract big offers from banks and car manufacturers amid a squeeze on profits from their core retail operations.
The Mayor of London Sadiq Khan will give low income and disabled Londoners the chance to swap into a lower emitting new vehicle with the extension of the capital’s £2,000 vehicle scrappage allowance scheme.
Sandicliffe Motor Group’s Sandicliffe Motor Contracts (SMC) is pulling out of the UK fleet market due to continued pressure on profits and “challenging trading conditions” in the sector.
