Arnold Clark chief executive Eddie Hawthorne has praised the “passion and grit” of employees at Scottish car retail group after its 2020 annual financial results showed a pre-tax profit of £156.5 million.
The car manufacturing industry has been accused of 'aggressive’ lobbying and making ‘unsubstantiated’ claims to derail EU plans to cut pollution from road transport.
Used car values are likely to rise to “another new level that once didn’t seem possible” according to BCA chief operating officer Stuart Pearson.
Fewer than one in five consumers are happy to buy a car remotely after only watching a personalised video or a live virtual walkaround, new consumer research has found.
Proposals that an electric vehicle (EV) tax should be introduced to help counter the loss of Government funding from the ban of diesel and petrol vehicles is supported by 38% of motorists.
SsangYong Motors UK has announced the addition of Close SsangYong to its franchised car retail network.
Motorline has revealed that Government furlough support and the sale of properties contributed to a 118% rise on pre-tax profits during a COVID-impacted 2020.
Cashflow is quickly becoming king as larger car dealers and used car supermarkets pay well above market valuations to secure used car stock, according to Shoreham Vehicle Auctions (SVA) managing director Alex Wright.
Used car prices rose by 16.6% during the first eight months of 2021 as an imbalance between supply and demand dictates that customers will “clamour for whatever stock they can get their hands on”.
More than one-in-10 nearly new used cars are now more expensive than their brand new equivalents as limited supplies and soaring demand delivered an 18.6% year-on-year rise in values.
The packed October edition of AM Magazine has now landed, serving up news and pictures from the AM Awards 2021, an exclusive interview with Nissan GB’s MD, Top Tips for car retail profitability and lots more.
Almost half of respondents to a recent survey by NAMA said they expect volumes of vehicles coming into auction to increase over the next month.
The Society of Motor Manufacturers and Traders (SMMT) has highlighted UK car makers’ 11.8% reduction in fleet carbon emissions in its latest Sustainability Report.
Almost a third (31%) of in-market used car buyers were originally planning to buy a brand-new vehicle, according to a new What Car? study.
JudgeService is urging dealers to increase their digital marketing reach to attract the increasing number of car buyers prepared to travel further to visit showrooms.
The Institute of the Motor Industry (IMI) will address automotive sector challenges at a virtual conference featuring speakers from JLR, Halfords and Sytner Group.
Chinese Government officials have indicated that the country is set to consolidate its electric vehicle (EV) sector after the country delivered too many zero-emissions car makers.
Electric vehicle (EV) charge points will be pre-programmed to switch off for nine hours each day as part of efforts to ease pressure on the National Grid and more motorists make the switch.
Cambria Automobiles’ £82.5 million takeover by the car retail group’s chief executive Mark Lavery has now exceeded the required 75% acceptance rate needed to succeed.
Used car inventory levels have fallen by 7.2% in the last month, according to a new report from CarGurus.
