Franchised car retailers and their manufacturer partners have been warned that they are at risk of losing the battle for the used car market as emerging online disruptors assert dominance in stock acquisition.
Car retailers have been warned that Government travel bans and delayes to the easing of COVID-19 lockdowns are likely to see the "huge accelration" in used car pricing continue.
Aston Barclay has released its June used car desirability index with SUVs remaining the most in demand used car with UK buyers.
Almost a third of new car buyers are switching to the used car market in a bid to avoid stock availability issues and gain better value for money, a survey conducted by What Car? has found.
Used vans prices are expected to start rising and not stop until some time in 2022, according to Cox Automotive.
Jaguar Land Rover (JLR) has confirmed that it will begin testing of a hydrogen fuel cell powered Land Rover Defender 4x4 at the end of this year.
Sytner’s CarShop is set to follow in the tyre tracks of Trade Centre UK by developing a new used car supermarket on the site of a former Showcase Cinema.
Vertu Motors could be the latest AM100 car retail group PLC to face a backlash over bonus payments to its chief executive Robert Forrester.
Genesis Motor Europe’s home test drives and promise of multiple handovers to facilitate vehicle familiarisation is only being offered to customers in the UK’s South East – for now.
Demand for electrified vehicles has overtaken that of diesel-powered models for the first time in the leasing sector, according to Leasing.com.
The Motorway used car stocking portal has raised an additional £48 million in a funding round led by Deliveroo, Etsy and Dropbox backer Index Ventures.
Constellation Automotive Group will expand the used car stocking and preparation capacity for BCA and cinch following the £80 million acquisition of Rockingham Motor Speedway.
Stellantis has joined Renault with a summons to court in France to answer allegations over allegations of consumer fraud in connection with the sale of Euro 5 diesel vehicles.
Cambria Automobiles chief executive Mark Lavery has said that he looks forward to “capitalising on the growth opportunities ahead” after agreeing the terms of the group’s management buy-out (MBO).
Almost half (49%) of UK motorists expect to buy an electric vehicle (EV) in the next decade, according to a new study by Lloyds Banking Group.
Devonshire Motors has completed a double with the addition of Hyundai Motor UK and Isuzu UK franchises to its award-winning car retail operation in Barnstaple, Devon.
Two thirds of motorists have shown a ‘lack of confidence’ in the UK meeting the Government’s ban on the sale of new petrol and diesel vehicles by 2030.
CarSupermarket and Motordepot owner Aramis Group is hoping to raise as much as £481m through an initial public offering (IPO) at as its targets “profitable growth” – including dealership acquisitions.
Genesis Motor Europe has partnered with retail brand experience specialist Stellar to help create its Westfield London studio and is set to make its debut at the Goodwood Festival of Speed 2021.
The Finance and Leasing Association (FLA) has said that the consumer car finance market is expected to grow by 19% in 2021 and 22% in 22% following resurgent April trading.
