One-in-ten car buyers plan to head online to purchase their next vehicle according to BuyaCar research indicating that specialist online traders are set to gain increased market traction.
June delivered its first rise in used car values since 2009 in a two-tier post-lockdown market defined by increased demand for older, cheaper vehicles, according to Cap HPI.
The Peter Vardy Group has introduced a “Two-Metre Greeter” role to its car showrooms in Scotland as part of a £100,000 COVID-19 protection package rolled out ahead of their June 29 re-opening.
Auto Trader has vowed to repay the funding its accessed through the Government’s Coronavirus Job Retention Scheme (CJRS) in its annual financial results for 2019/20.
BCA has announced a new fortnightly programme of online Top Car sales following successful events staged in May and earlier this month (June).
Peugeot UK will attempt to bust common electric vehicle (EV) myths and showcase its e-2008 SUV and e-208 hatchback in a online show aiming to leverage rising consumer interest in alternative fuel vehicles (AFV).
CD Auctions has reported a record volume of sales in the first three weeks of June, with online sales attracting a large number of buyers.
Lookers is preparing to shake-up its board of directors in the search for ‘new skills and experience’ to guide the AM100 car retail group through the next phase of its development.
The Prime Minister Boris Johnson has announced that a “one metre plus” social distancing policy will be introduced from July 4 as part of a series of COVID-19 legislation easing measures.
Auto Trader says it has sent dealers a record number of new car leads since the reopening of showrooms on June 1.
The National Franchised Dealers Association (NFDA) has said that the Scottish Government’s decision to postpone the re-opening of car showrooms will place jobs under “unnecessary economic risk.”
The PSA Group UK has appointed David March as its network development director less than a year after he became customer experience and strategy director for Peugeot, Citroën and DS Automobiles.
The Society of Motor Manufacturers and Traders (SMMT) has called for a Government-backed automotive sector restart package and “turbocharged” Brexit talks to kick-start the COVID-19 recovery.
The online car retailer Cazoo claims to have become the fastest UK business ever to achieve a valuation in excess of $1 billion (£800.8m) – joining an exclusive list of companies known as ‘unicorns’.
MOT centres carried out over two million tests during COVID-19 coronavirus lockdown period as many motorists chose not to take advantage of the Government’s six-month exemption.
Used vehicle sales have grown by 17% in the first 15 days of June, when compared to the same period last year.
Perrys Motor Group and Donnelly Group have closed Vauxhall car dealerships in the past week as the Griffin-badged brand continues its network consolidation strategy.
The Vehicle Remarketing Association (VRA) is set to debate the potential impact of a “second wave” of the COVID-19 coronavirus and efforts to find an inoculation at its annual general meeting (AGM).
UK businesses were struggling to generate cash flow prior to the COVID-19 coronavirus, with car retailers among the nation’s worst performers, according to research published by BDO.
The Welsh First Minister Mark Drakeford has given the go-ahead of car retailers in the country to re-open their showrooms to customers on Monday, June 22.
