In the wake of a COVID-prompted shift in the way car retailers engage with their customers a panel of experts are set to debate consumer enquiry best practice in an AM webinar tomorrow.
Car manufacturers have cut back on discounting in Q3 this year, with average deposit contributions falling by 18% to £1,704 quarter-on-quarter, according to the latest data from AM.
Car retailers delivered a record return on sales of 2.13% in the rolling 12-month period to June 2021, according to the latest market data from ASE.
The average selling price of a used van has remained above £10,000 for the second consecutive month, at Manheim auctions.
MG Motor UK hopes to defy the new vehicle stock shortages being experienced other carmakers by ramping up imports with its latest shipment to Portbury Docks.
What Car? is predicting a surge in new car demand this September as it received record numbers of enquiries on its New Car Buying platform.
Cox Automotive has warned car retailers to brace themselves for a tough September and Q4 as the new EU trade agreement, a logistics “wages war” and evolving consumer habits present further uncertainty.
More than four-in-10 people (41%) of those looking to purchase a car would like to buy a zero-emission vehicle (ZEV), according to research by EY.
Used car sales rose 351.4% to a near record 2.17 million sales during Q2 of 2021 as new vehicle supply shortages drove increasing volumes of motorists into pre-owned models.
Marshall Motor Group has resumed the payment of dividends to its shareholders after delivering record revenues in a COVID-19 impacted first half of 2021.
Issues with the supply of electric vehicles (EV) have prompted the UK Government to extend the period allowed for car dealers’ plug-in car grant (PiCG) orders from nine to 12 months.
Stoneacre Motor Group has assumed responsibility for the entire Toyota North East Market Area after completing the acquisition of Jardine Motor Group dealerships in Durham and Sunderland.
Van registrations declined for the first time in 2021 as supply shortages resulted in a 14.8% year-on-year dip in July, according to SMMT data.
Car buyers have been faced with a 14.1% increase in the price of the average car advertised on Auto Trader during July.
MG Motor UK’s growing franchised car retail network continued to grow the brand’s new car registrations despite July’s vehicle supply and COVID-prompted sector headwinds.
Supply issues resulting from global semiconductor shortages and the ongoing impact of the UK’s COVID-19 ‘pingdemic’ have been blamed for the lowest July new car registrations total since 1998.
Used car values have risen by an average of £2,125 (16.6%) in each of the last four months, according to data published by Cap HPI.
The majority of electric vehicle (EV) drivers (90%) say they’ll never buy another petrol or diesel car.
Marshall Motor Holdings has upgraded June’s forecast of record profits for 2021 in a trading update predicting an underlying pre-tax profit of “not less than £40 million” for the year.
Cazoo has reported an £8 million gross profit in Q2 after its online used car retail volumes surged by 429% a year on from the first COVID-19 lockdown period.
