Experts from across the used car industry will share their unique insights on what has been a rollercoaster market over the last 18 months at Automotive Management Live 2021.
New consumer car finance volumes remained up on 2020 in the first nine months of this year despite slumping by over a fifth in September, the Finance and Leasing Association (FLA) has revealed.
Snows Motor Group has added a sixth Peugeot dealership to its franchise portfolio through the acquisition of Hamble Motors of Southampton.
Auto Trader has reported that the average price of a used car has risen by £3,000 since May as the imbalance of consumer demand and vehicle supply shows no sign of abating.
BDO’s newly-published 2021 Motor Salary Survey has shown that vehicle technicians were the biggest wage increase winners in 2021 as the sector’s average pay rose 5% to almost £42,000.
Car buyers’ brand loyalty is “vaporising” in a “pressure cooker” of high demand and stalled new vehicle supplies causing lengthy delivery times, new research shows.
MG, Hyundai and Kia continued to buck the UK’s new car registrations decline with impressive year-on-year growth in October.
Society of Motor Manufacturers and Traders (SMMT) chief executive Mike Hawes has expressed hopes of a “brighter” 2022 for UK automotive after new car registrations declined by 24.6% in October.
One-in-10 car buyers are ready to complete their purchase wholly online, according to new research from What Car?.
Group 1 UK chief executive Earl J Hesterberg expressed hopes that strong car retail margins would persist for some time to come after recording increased profit and turnover in Q3 2021.
The decline on new cars sales, caused by the coronavirus pandemic and the semiconductor shortage, in the last two years is estimated to have cost the aftersales sector £600 million.
Cox Automotive and Grant Thornton have made their predictions for the automotive retail market as part of its Insight Report for 2021.
Car dealers’ used car stock levels were 9.4% down year-on-year last month and 16.5% down on September 2019, according to data published by Indicata.
New details have been published of the plan to create a £2.5 billion automotive battery production facility near Coventry.
Tesla’s record quarterly net profit of $1.6billion (£1.16bn) suggests the electric vehicle (EV) manufacturer has been ‘nimble’ in its approach to managing semiconductor shortages, it has been claimed.
The British Vehicle Rental and Leasing Association (BVRLA) has told MPs on the Government’s Transport Select Committee that the rise of electric vehicles (EV) has presented a “clear need” for road pricing.
2021 has been a pivotal year for the automotive industry in many ways. In particular, sales of electric vehicles (EVs) have boomed in numerous countries, most notably in Europe and China.
The UK Government’s newly-published Net Zero Strategy includes proposals for a zero-emission vehicle (ZEV) mandate forcing manufacturers to sell a certain proportion of electric vehicles (EVs).
Auto Trader has reported that 17% of nearly new used cars are now more expensive than their brand-new equivalents as supply shortages continue to stall global car manufacturing.
Ford has committed to investing £230 million to transform its Halewood manufacturing site into its electric vehicle (EV) component manufacturing hub for Europe.
