PSA Finance will offer Peugeot, Citroen and DS vehicles on flexible subscriptions as part of a new mobility partnership with Wagonex.
Fleetondemand has appointed Andrew Cope as executive chairman, following a £5m investment in the tech firm by the Business Growth Fund (BGF).
Hyundai announced a partnership with Top Flight Technologies, a provider hybrid-electric unmanned aerial vehicle (UAV), and potential business development plans.
Car sharing marketplace Turo claims to have launched the “Airbnb of cars” in the UK and claims it will help UK car owners earn more than £6,000 a year from their idle vehicles.
Groupe Renault will work with EDF, Total and ENEL to promote the large-scale take-up of electric cars across Europe.
As wider consumer trends and preferences change, successful companies such as Netflix and Spotify provide evidence of a growing move towards ‘subscription’ services.
Cox Automotive and Grant Thornton have delivered analysis of diesel car sales, vehicle ownership trends and continued retailer consolidation ahead of Brexit after teaming-up to produce an automotive sector Insight Report.
Car dealers will have to “supply new and used cars to service providers” as consumers move away from ownership towards leasing and mobility solutions in the next decade, Auto Trader has claimed.
LeasePlan and SAIC Mobility Europe, a division of China’s largest vehicle manufacturer SAIC, are working together on a plan to bring SAIC’s Maxus zero emission electric LCVs to the market in Europe.
Audi has announced its intention to “transform” itself into an EV mobility market provider with the launch of its Audi e-tron charging service.
Volkswagen is working towards a ‘digital ecosystem’ where consumers will have a single access point for the entirety of its future products and services.
Audi’s franchised car retailers will be facilitating the German premium brand’s new Audi On Demand daily car rental solution – with cars available to customers from £70 per day.
The number of car manufacturers is predicted to halve in the space of a decade as mobility solutions and a decline in vehicle ownership start to take hold of the market, according to KPMG.
Vehicle manufacturers are beginning to move away from pure vehicle sales towards offering more subscription based services to meet the growing needs of today’s customer.
Jaguar Land Rover’s InMotion mobility services arm has launched a new all-inclusive car subscription service, targeting high-mileage drivers with the “hassle-free” mobility solution.
PSA Group expects to launch a connected aftersales platform across its Peugeot, Citroen and DS Automobiles brands that could boost car retailers’ retention levels “by next year”.
Franchised car dealers could see their new car sales “largely replaced” by manufacturers’ online retail platforms and mobility schemes, according to KPMG research to be discussed at the AM Digitech conference.
BMW is “in discussions” with its franchisees over the remuneration they will receive from the German premium car brand’s pay-as-you-go mobility partnership with Drover.
Drive-Hive made its official industry debut this week, claiming that it can provide an “all-inclusive” lending solution that could convert car dealer's finance refusals into three-year revenue streams.
BMW has teamed up with mobility provider Drover to offer vehicles on a pay-as-you-go basis from £131-per-week.
