Car dealers across the UK should be braced for “massive pent-up” demand from customers when the current COVID-19 ‘Lockdown 3’ restrictions are eased, according to Buyacar.
Cazana’s director of insights, Rupert Pontin, has conceded that February new and used car sales were ‘less promising than expected’ – despite attempts to set the data in a positive context.
Hendy Group is set to increase its representation with the Lotus Cars brand with the addition of new dealerships in Hampshire and Devon.
A Motor Ombudsman survey of 1,873 motorists has found that 62% would want to visit a car showroom in person before buying a new car.
Women in car retail are losing out disproportionately during the COVID-19 pandemic as they step back from their careers amid the pressures of home schooling and stereotypical household responsibilities.
The 29.4% decline in 2020 represented, according to the Society of Motor Manufacturers and Traders (SMMT), £20.4bn in lost turnover.
The surge in online purchasing during the coronavirus pandemic has prompted an increase in the number of people that no longer want to visits showrooms to buy cars.
Jaguar Land Rover (JLR) will transform the Jaguar brand into a purely electric vehicle (EV) brand by 2025 and expects 60% of new Land Rovers to be zero-emissions capable by 2030.
Used car retailers have been warned of an electric vehicle (EV) overpricing issue once again after diesel-powered vehicles sold fastest in January.
Car retailers have returned to auctions in February after January experienced “price sensitive” trading as they stocked forecourts with sub-£12,000 price vehicles, according to Aston Barclay.
Chorley Group managing director Adam Turner has thanked The British Army and Lancashire County Council for their help in getting a twice-weekly COVID-19 test procedure up and running for its entire retail operation.
New car buyers can save more than 20% on new cars ahead of the March number plate change, What Car? research has found.
The National Franchised Dealers Association (NFDA) has called on Government to redeploy business support measures for retailers ahead of the 2021 Budget.
More than a quarter of adults in the UK characteristics of vulnerability such as poor health, low financial resilience or recent negative life events
Insights into Marshall's and Peter Vardy's plans for 2021, plus hundreds of tips for marketing, lowering costs and squeezing efficiencies are in AM March Issue.
ICDP has set aside a “pragmatic approach” to the evolution of motor retail in a new whitepaper which explores the impact of a ‘clean-slate’ shift omnichannel car distribution.
Car auction firms believe that values for used petrol and diesel cars will remain strong or could increase, despite a decline in the used car market.
Car retail bosses have voiced concern that a failure to re-open car showrooms in-time for the March number plate change will impact jobs and the economy, claiming “MPs fundamentally do not understand business”.
The Society of Motor Manufacturers and Traders (SMMT) has revealed that used car dealers delivered four consecutive months of sales growth in 2020 – despite months of enforced showroom closures in COVID-19 lockdown.
Car retailers' average return on sales (RoS) of 0.94% during a heavily COVID-19 impacted 2020 has been hailed as “‘a very strong performance” by ASE chairman Mike Jones.
