An estimated 3.8 million UK drivers decided to keep their current vehicle having previously decided to sell it after spending money on repairs, research by Kwik Fit has found.
Chancellor of the Exchequer Rishi Sunak has extended the Government’s Job Support Scheme (JSS) to the end of March.
AM is asking car retailers’ to share their thoughts and experiences of the UK Government’s ‘Lockdown 2’ COVID-19 mitigation measures in England.
Inchcape’s car retail revenues declined 17% during Q3 despite a ‘stronger than expected’ COVID-19 recovery from its operations in the UK and Europe.
The SMMT has said that COVID-19 Lockdown 2 and the Welsh firebreak are set to result in the UK’s weakest new car sales performance since 1982, following a 1.6% decline during October.
Clarks of Kidderminster has growth its turnover to over £100 million after growing its car retail portfolio with the addition of Citroen, Ford, Mazda and MG franchised sites in 2019.
Cap HPI is poised to handle any large volume vehicle price hikes from car manufacturers in the event of a ‘no-deal’ Brexit.
Consumer motor finance defied September’s 4.4% new car registrations dip to record a 7% year-on-year rise in volumes and 11% growth by value, according to the Finance and Leasing Association (FLA).
Perrys has closed its Ford dealership in Retford as part of the car manufacturers plan to close almost half of its UK franchised car retail locations.
The Independent Garage Association (IGA) has welcomed Government’s decision not to offer motorists another MOT extension and allow aftersales operations to remain open during ‘Lockdown 2’.
Motorists still see a face-to-face aftersales service as 'the norm' despite car retailers' introduction of increased digitalisation to maintain COVID-19 social distancing.
Hendy Group is considering an appeal after a planning decision which rejected plans a £25 million ‘Motor Village’ multi-brand car retail site at Tunbridge Wells.
Car retailers have once again been urged to “hold firm” with their used vehicle pricing as the UK returns to COVID-19 lockdown this week.
Car retailers’ efforts to drive sales through digital sales processes designed to overcome the challenges of COVID-19 delivered a 10% increase in new car orders last month.
The Mazda CX-5 is the UK’s fastest selling used car, taking on average 24 days to sell, according to data from Auto Trader’s Fastest Selling Index.
Over half of children surveyed in Britain want their parents to be more environmentally friendly, including switching to electric or plug-in hybrid vehicles, Peugeot UK research has found.
Increasing competition for used car stock from private sellers has been revealed in Motorway data showing year-on-year growth in the valuations – with EVs showing a 34% increase.
Chancellor of the Exchequer Rishi Sunak has broadened the scope of the Government’s COVID-19 fiscal support to businesses in the face of more wide-spread regional lockdowns.
Demand for used cars has risen 15% year-on-year as franchised retailers experience a decline in sales of new cars, according to AA Cars data.
The Society of Motor Manufacturers and Traders (SMMT) has said that a 'no-deal Brexit' would trigger a £2,800 uplift in electric vehicle (EV) prices and jeopardise the growing interest in green new cars.
