Car supermarkets ramped up their efforts to boost profitability in November by increasing their inventory levels and prioritising younger vehicles, according to Motors’s Market View.
The used car market saw a significant shift towards alternative fuel vehicles last month with hybrids and electric vehicles (EVs) combined achieving their highest share of listings yet, according to Motors’ Market View.
Most consumers remain committed to their car buying plans despite significant tax rises in the recent Budget.
Motors is teaming with data intelligence specialist Percayso to provide dealers with valuable insights into market demand, pricing trends, and vehicle history.
Car supermarkets demonstrated their retailing efficiencies in September, achieving rapid sales despite reduced inventories, according to the latest Motors’ Market View report.
Demand for used cars remained robust in August, with dealers experiencing quicker sales and steady prices, according to Motors’ latest Market View report.
Motors has strengthened its multisite advertising service by adding Parkers to its network of partner websites.
Motors has signed a three-year integrated content partnership with Premier League club Brentford FC, coinciding with the start of the new season.
Car supermarkets increased their inventories in July as buyers renewed their focus on affordability, according to MOTORS’ July Market View.
An all-new Cazoo app has been launched just two weeks after Motors acquired the brand.
Advertised used car prices and dealer stock levels dipped as buyers concentrated on older essential purchase vehicles, according to Motors’ Market View for June.
Motors has acquired the Cazoo brand to transform it into a cutting-edge, mobile-first digital marketplace.
Cazoo's brand and marketplace business are reported to be on the verge of being sold for a fraction of what it invested in high-profile sports sponsorships
The demand for used electric vehicles (EVs) and hybrids is on the rise, with many buyers considering them for their next car purchases, according to Motors.
Dealers should prepare for car owners upgrading their used vehicles ahead of motoring holidays in the UK and abroad.
Used car marketplaces MOTORS and Cinch are reported as being among the companies seeking to buy several Cazoo assets.
MOTORS is tracking the market to see whether April’s rise is an early sign that consecutive monthly dips are halting and the market is heading for greater price stability.
Lower asking prices helped drive used car sales last month with vehicles averaging just 35 days on physical and virtual forecourts
Car dealers are working harder to engage customers as new and used vehicle supplies improve while consumers continue to be concerned about the high cost of cars.
Haggling over the price of a car and understanding the finer points of finance deals have been singled out as the biggest pain points for car buyers.
