Just 5.3% of car buyers would be happy to buy their new vehicle entirely online, according to the results of a poll conducted by What Car?.
When it comes to new car pricing, OEMs are currently shooting themselves in the foot, but to date they haven’t been able to find anywhere better to aim.
Pre-lockdown, a third (32%) of UK drivers were planning to buy an alternative fuelled vehicle (AFV) as their next car purchase, according to research by Close Brothers Motor Finance.
Tesla emerged as the fastest growing car brand among buyers searching online for used cars in August, according to analysis by Honcho.
Motorline Group has moved into its new Skoda car dealership in Gillingham and revealed plans for a new Audi showroom in Canterbury.
The average UK car retailer recovered more than half of the losses suffered during a Q2 trading period devastated by the COVID-19 coronavirus lockdown, according to ASE Global.
Almost half of all car buyers expect new car prices to rise when Britain’s transition out of the EU is complete, but many still intend to buy one according to research from Buyacar.
The last six months have been one of the toughest periods the new car market has had to contend with in recent times, but will the effects of coronavirus turn the traditional franchised car dealer model on its head permanently?
The new and used car finance markets returned to growth in July as showrooms across the UK re-opened their doors following the COVID-19 lockdown period, the Finance and Leasing Association (FLA) has confirmed.
Franchised car retailers across the UK have been left exposed to considerable financial losses after Nationwide Accident Repair Services entered administration, along with a number of its subsidiaries.
Used car retailers increased their stock turn by 11.8% month-on-month as demand for vehicles continued to drive up values at auction houses across the UK, according to Cox Automotive and eBay Motors Group.
Pendragon has agreed the £27.4 million sale of its Jaguar and Land Rover motor vehicle dealership located in Los Angeles, California.
Car retailers flocked to respond to the National Franchised Dealers Association’s (NFDA) bi-annual dealer attitude survey in larger numbers than ever before following the COVID-19 lockdown.
The Society of Motor Manufacturers and Traders (SMMTS) has called for a Government incentives and binding charge point infrastructure commitments to boost electric vehicle take-up on the ‘Road to Zero’.
Tesla is poised to double the scale of its electric vehicle (EV) dealership network in Scotland with the opening of a new Glasgow store in a former Evans Halshaw Car Store showroom.
Stoneacre Motor Group’s founder and owner Richard Teatum has invested over £3 million in rival car retail group Vertu Motors.
Average used car prices on Auto Trader have increased for the fifth consecutive month to £13,705, up by 6.1% in August year-on-year.
Premium used cars have been hailed as “pandemic proof” by online vehicle stocking source Motorway after the value of Land Rovers, Lexus and Maseratis rose by over 8% year-on-year.
Volvo Car UK has officially launched its single payment Care by Volvo car subscription service, offering access to a vehicle, maintenance, parts and roadside assistance for a single monthly payment.
Dealers have enjoyed another month of growing enquiries and order take, according to lead management business Dealerweb.
